Movial Applications Oy

Movial Applications Oy is a software development company specializing in custom solutions for businesses aiming to enhance their technology capabilities through secure applications and systems. Movial Applications Oy develops custom software solutions tailored for businesses. Founded by Lauri Vilamo, the company is headquartered in Helsinki, Finland. In October 2011, BroadSoft, Inc.

acquired Movial, marking a significant pivot in its operations. The company has completed 2 deals since its inception. Movial provides a wide range of custom software development services, including mobile development, embedded services, and multimedia solutions. Their offerings prioritize security and reliability, and they serve clients across various industries, including technology and telecommunications.

Notable clients include Microsoft, Hitachi, Schneider, and T-Mobile, with services extending globally across Europe, North America, and Asia. In 2023, Movial reported a revenue of USD 3. 21 mn with an EBITDA of USD -1. 60 mn.

Their business model focuses on B2B engagements, deriving income from partnerships and project-based contracts, which are often structured with upfront payments and milestone-based billing. Movial is strategizing for future growth by developing new software products aimed at enhancing cybersecurity and functionality. The company plans to expand its presence in North America and Asia by 2024, targeting new clients in these regions. The results from their last funding round on October 11, 2011, support these initiatives, enabling Movial to invest in new technologies and market entry efforts.