Hudl

Last updated

Agile Sports Technologies, Inc.
Company type Private
Industry Video hosting service
Founded2006
FoundersDavid Graff, Brian Kaiser, John Wirtz
Headquarters,
United States
Website hudl.com

Hudl is a product and service of Agile Sports Technologies, Inc. - a Lincoln, Nebraska based company providing tools for coaches and athletes to review game footage and improve team play. Its initial product line served college and professional American football teams; today the company provides video services to youth, amateur, and professional teams in American football as well as other sports including soccer, basketball, volleyball and lacrosse.

Contents

Founded in 2006, [1] the company is based in Lincoln's historic Haymarket District. Initially the company sourced talent from the University of Nebraska–Lincoln, including the Jeffrey S. Raikes School; today the company has employees across a number of states in America and internationally, with office locations in London and Sydney.

In August 2013, according to Inc. Magazine, Hudl was the 149th fastest growing private company in the United States, and the fastest-growing private company in Nebraska. [2] Hudl was the fastest growing private company in Nebraska again in 2014. [3] By 2015, Hudl grew to 230 employees across four offices as it took on its first round of institutional funding in April with $72.5 million from Accel Partners. [4]

Hudl made Fast Company's list of Most Innovative Companies in 2016. [5] In July 2017, Hudl announced an additional round of funding totaling $30 million, led by existing investors Accel Partners, Jeff and Tricia Raikes, and Nelnet. [6] In May 2020, Hudl received funding from Bain Capital. [7]

Headquarters

Hudl headquarters in Lincoln, Nebraska Hudl company headquarters.jpeg
Hudl headquarters in Lincoln, Nebraska

In April 2015, Hudl announced plans to build a new global headquarters in Lincoln's historic Haymarket, where it has leased office space since shortly after its founding. The new building, completed in November 2017, is near Lincoln's Pinnacle Bank Arena and Railyard entertainment district, and is one of the largest office buildings constructed in downtown Lincoln since 2006. [8]

Acquisitions

Hudl has acquired several of its largest competitors, as well as companies that offer complementary services to its high school sports video offering. In July 2011, Hudl acquired Digital Sports Video (DSV), which at the time was the company's primary competitor. [9] A year later, in June 2012, Hudl again acquired its next largest competitor in APEX Sports Software of Lower Burwell, Pennsylvania. [10]

In 2014, Hudl made moves into the international soccer market with its acquisition of Replay Analysis, while committing to open a London office, where Replay Analysis was based. [11] Shortly thereafter, in September 2014, Hudl acquired Ubersense of Boston, Massachusetts, which specialized in slow-motion performance capture for athletes from recreational to Olympic and professional levels. [12]

Less than a year later in the summer of 2015, Hudl acquired Sportstec, an Australian-based sports performance analysis company that served elite professional teams around the world. [13] Following the acquisition Hudl relocated Sportstec's existing Warriewood office to Sydney's central business district.

VolleyMetrics, a leader in volleyball analytics and video exchange based out of Provo, Utah, was acquired by Hudl in late 2017. [14]

In May 2019, Hudl acquired one of its largest competitors, Krossover. [15]

On August 19, 2019, Hudl acquired Wyscout. [16]

In May 2022, Hudl announced that they had acquired Spanish, wearable human performance measuring technology company, Realtrack Systems. [17]

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References

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  3. Schaper, David (March 15, 2015). "Silicon Prairie: Tech Startups Find A Welcoming Home In The Midwest". National Public Radio. Retrieved March 16, 2015.
  4. Constine, Josh (April 2, 2015). "Hudl Scores $72.5M From Accel To Rally Teams To Its Sports Video Coaching Tool". TechCrunch. Retrieved April 6, 2015.
  5. "The Most Innovative Companies of 2016". Fast Company. February 16, 2016. Retrieved August 6, 2016.
  6. Armstrong, Rod (July 6, 2017). "Nebraska-based Hudl raises $30 million to add AI to its sports analytics". VentureBeat. Retrieved December 13, 2017.
  7. Sangimino, Pat (May 21, 2020). "Hudl acquires funding from Bain Capital, plans aggressive investment". Lincoln Journal Star.
  8. Olberding, Matt (June 18, 2016). "Hudl HQ to be one of biggest office buildings constructed downtown in years" . Retrieved August 6, 2016.
  9. Stacy, Michael (July 11, 2011). "Hudl acquires main competitor DSV, doubling client base". Silicon Prairie News. Retrieved May 26, 2015.
  10. Stacy, Michael (June 5, 2012). "Hudl acquires APEX, solidifies spot atop sports video analysis market". Silicon Prairie News. Retrieved May 26, 2015.
  11. Yowell, Paige (August 6, 2014). "Hudl buys London-based sports software company". Omaha World Herald. Retrieved May 26, 2015.
  12. Gannes, Liz (September 17, 2014). "Hudl Acquires Ubersense, the Slow-Motion Video Coaching App". Re/code. Retrieved May 26, 2015.
  13. Pendell, Ryan (May 27, 2015). "Hudl announces acquisition of Sportstec". Silicon Prairie News. Retrieved August 6, 2016.
  14. "Lincoln-based Hudl makes another acquisition". Lincoln Journal Star. December 13, 2017. Retrieved December 13, 2017.
  15. Matt Olberding (May 9, 2019). "Hudl acquires one of its largest competitors". Lincoln Journal Star.
  16. "Football • Hudl Blog".
  17. "Hudl acquires Spanish company that makes sports wearable devices". Journal Star. May 19, 2022. Retrieved May 24, 2022.