Mitov Software
Mitov Software is a privately-held micro-firm selling proprietary component libraries and a no-code visual development environment (OpenWire) for Delphi, C++ Builder, .NET, and Visual C++ developers building video, audio, DSP, vision, and AI applications.
- Company typePrivate
- Founded1997
- HeadquartersMoorpark, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Mitov Software does
Mitov Software is a privately-held LLC founded around 1997 (website origin) and formally incorporated in 2004, headquartered in Moorpark, California. The company develops and sells a portfolio of software component libraries and a no-code visual development environment built on its proprietary OpenWire data-flow technology, targeting professional software developers working in the Embarcadero Delphi, C++ Builder, RAD Studio, .NET, and Visual C++ MFC ecosystems. Its product line includes OpenWire Studio (a graphical application builder) and a suite of specialized "LabPack" modules covering video (VideoLab), audio (AudioLab), digital signal processing (SignalLab), computer vision (VisionLab), artificial intelligence (IntelligenceLab), data visualization (PlotLab), instrumentation (InstrumentLab), animation (AnimationLab), logic (LogicLab), process control (ControlLab), and communications (CommunicationLab), plus Visuino for Arduino/ESP32 microcontrollers. The technology emphasizes near-zero-code visual wiring, multithreaded architecture optimized with Intel MMX, cross-platform support across Windows, Linux, macOS, Android, and iOS, and a unified component implementation portable across Delphi, C#, VB.NET, C++/CLI, and J#.
The company operates a product-led go-to-market model: customers download evaluable demos and trial versions directly from mitov.com, then purchase per-developer perpetual licenses with an option to add source code. Every license includes one year of free upgrades, with renewal at 50% of the product price for an additional year, creating a partial recurring revenue stream on top of a one-time license base. Distribution is primarily direct via the company website (processed through Share-it) supplemented by the Embarcadero Delphi Third Party Alliance channel and custom OEM/embedded licensing of OpenWire Studio. Free versions are made available for non-commercial and academic use. Mitov reports an enterprise/government customer base that includes Boeing, Qualcomm, Texas Instruments, Honeywell, Siemens, Ericsson, NASA, the US Department of State, NOAA, MIT Lincoln Laboratory, and others, alongside what is likely a long tail of individual developers.
Financially, Mitov Software is a micro-entity of 1–10 employees with no disclosed funding, revenue, M&A, or external ownership. The firm is founder-led (Boian Mitov) and has sustained continuous product development for over two decades, with multiple version 8.x releases through October 2025 and a recent (2021) co-development MoU with NeoEra Innovision LLP in India and the launch of a European Visuino site. Revenue is not publicly disclosed, and the business is sustained through component license sales, custom development, consulting, and technology licensing.
Mitov Software firmographics
Firmographics- Name
- Mitov Software
- Legal name
- Mitov Software LLC
- Website
- https://mitov.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mitov Software is a privately-held micro-firm selling proprietary component libraries and a no-code visual development environment (OpenWire) for Delphi, C++ Builder, .NET, and Visual C++ developers building video, audio, DSP, vision, and AI applications.
- Ownership category
- akta.pro rank
Mitov Software industry classification
Industry- Product category
- Software Development Tools
- NAICS
- Software Publishers (513210), Custom Computer Programming Services (541511)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Developer Experience Platforms for Enterprise (IDEs, CI/CD, Dev Portals) (HDAEAKAI)
- akta.pro secondary industries
- Low-Code/No-Code Application Platforms (HDAEAKAA), AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ)
Keywords
Where Mitov Software is headquartered
LocationHeadquarters
- HQ city
- Moorpark
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Mitov Software business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Component Library Licenses: Per-developer licenses for LabPacks component libraries with options to purchase with or without source code. No royalties required for distributing applications built with the software.
- Custom Development: Custom software development services for specific client needs
- Consulting: Technical consulting services
- Licensing of Core Technologies: Licensing of core technologies including OpenWire Editor
- Annual Upgrades and Support: 1 year of free upgrades included with purchase; renewal at 50% of product price for additional year of upgrades
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Per Developer License |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Mitov Software product offering
Product offeringCore offering
Mitov Software develops and sells component libraries and visual development tools built on its proprietary OpenWire technology, enabling software developers to build complex applications with near-zero lines of code. The product suite covers video, audio, digital signal processing, computer vision, AI/neural networks, communications, process control, animation, and visual instrumentation for Delphi, C++ Builder, RAD Studio, Visual C++, and .NET platforms across Windows, macOS, Linux, Android, and iOS. The company also provides custom software development and consulting services.
Product overview
Mitov Software offers a comprehensive suite of component libraries and development tools built on the OpenWire technology platform. The product portfolio centers on OpenWire Studio, a graphical no-code application builder, alongside specialized LabPack modules including VideoLab (video processing), AudioLab (audio processing), SignalLab (digital signal processing), VisionLab (computer vision), IntelligenceLab (AI/machine learning), PlotLab (data visualization), InstrumentLab (visual instrumentation), AnimationLab (timeline animation), LogicLab (visual logic), ControlLab (process control), and CommunicationLab (communications). Additional offerings include OpenWire, OpenWire Editor, OpenWire Live Bindings, BasicVideo, BasicAudio, IGDI+, Visuino, and Mitov-Runtime. These components are available for RAD Studio/Delphi (VCL and FireMonkey), Visual C++ MFC, and .NET 4.0+ platforms supporting C#, Visual Basic, F#, and C++/CLI.
Differentiator
Problem solved
Functional benefit
Brands
- OpenWire Studio: A Microsoft Windows Application that allows even non-software developers to build complex applications with zero lines of code.
- AnimationLab
- ControlLab
- MegaLab
- VideoLab
- SignalLab
- AudioLab
- LogicLab
- VisionLab
- PlotLab
- InstrumentLab
- IntelligenceLab
- BasicVideo
- CommunicationLab
- BasicAudio
- OpenWire
- OpenWire Editor
- OpenWire Live Bindings
- IGDI+
- Visuino
- Mitov-Runtime
Products and services
- OpenWire Studio A graphical development and execution environment that allows users to build complex applications with zero lines of code through visual component wiring, targeted at non-software developers and rapid application development.
- VideoLab Video processing and analysis components for capturing, transforming, and analyzing video streams with support for AVI files, compression, and effects, targeted at software developers building multimedia applications.
- AudioLab Audio processing components for recording, playing, analyzing, and manipulating audio signals including compression, mixing, and equalization, targeted at software developers building audio applications.
- SignalLab Digital signal processing (DSP) components for signal generation, filtering, FFT analysis, and Fourier transforms, targeted at engineers and developers building real-time data acquisition and signal analysis applications.
- VisionLab Computer vision components for object detection, face detection, motion detection, edge detection, Hough transforms, and image analysis, targeted at developers building computer vision and image analysis applications.
- IntelligenceLab Artificial intelligence and machine learning components including neural networks, classifiers, K-Nearest Neighbors, Naive Bayes, Radial Basis Function Networks, and Self-Organizing Maps for autonomous classification tasks.
- PlotLab Data visualization components for displaying signals in scope and waterfall plots with support for real-time data display, targeted at developers building scientific and instrumentation visualizations.
- InstrumentLab Visual instrumentation components for building gauges, meters, displays, LEDs, clocks, and other monitoring instruments, targeted at developers building visual instrumentation and control panel interfaces.
- AnimationLab Timeline-based animation and event components that enable creating animations with visual timeline control with almost zero lines of code.
- LogicLab Visual logic decision making components for building logic-based applications.
- ControlLab Process control components for building control systems with OPC Client support and industrial automation capabilities.
- CommunicationLab Communications components for networking, MQTT, ServerSocket, and IPCamera support, targeted at developers building networked and IoT applications.
- BasicVideo Basic video capture and recording components for video file generation from bitmaps and video capture.
- BasicAudio Basic audio recording and playback components for simple audio file handling.
- OpenWire The core OpenWire technology platform enabling fast, complex data stream processing with near zero lines of code, sold as a standalone technology product.
- OpenWire Editor Visual editor for OpenWire component diagrams enabling graphical application design.
- OpenWire Live Bindings Technology for adding OpenWire pins to any Public or Published property, method, or event on FireMonkey or VCL components.
- IGDI+ Free open source GDI+ wrapper for Delphi and C++ Builder providing graphics rendering capabilities.
- Visuino Visual development environment for Arduino and ESP32 microcontrollers, now also available for Visuino.EU European users.
- Mitov-Runtime Runtime library providing toolsets for component development including multithreading support and serialization capabilities.
- MegaLab Comprehensive installer bundle of all Mitov Software libraries in a single easy-to-use package.
Quantifiable outcome
- Build complex applications with near zero lines of code
Companies that use Mitov Software
Customer profileNamed customers17 records
Segments3 records
Ideal customer profiles2 records
Mitov Software technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature5 records
Mitov Software partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- EmbarcaderocoreEmbarcadero is a major development tools and solutions provider. Mitov Software is a member of the Delphi Third Party Alliance, offering their component libraries compatible with Embarcadero's Delphi, C++ Builder, and RAD Studio platforms.
- NeoEra Innovision LLPcoreMutual partnership (MoU) between Mitov Software LLC (USA) and NeoEra Innovision LLP (India). The companies will work together on development and adding new features in Visuino, and future projects.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Mitov Software competitors and assessment
Company assessmentDirect peers
- FastReport: FastReport is a leading reporting and document generation toolkit vendor for Delphi, .NET, and VCL, sharing Mitov's Delphi-centric distribution model and enterprise developer customer base.
- Steema Software: Steema Software produces TeeChart, a leading data visualization and charting component library for Delphi, .NET, and other platforms, directly comparable to Mitov's PlotLab and the visualization portions of other LabPacks.
- kbmMW (Components4Developers): kbmMW provides middleware, ORM, and data access components for Delphi and C++ Builder, serving the same enterprise Delphi developer audience and overlapping with Mitov's CommunicationLab and infrastructure components.
- DevExpress: DevExpress is a major developer tools vendor with a deep Delphi/RAD Studio component portfolio alongside its broader .NET and web offerings, competing head-on with Mitov in the Delphi ecosystem and overlapping in UI/data visualization.
- Raize Software: Raize Software produces UI components and developer tools for Delphi and C++ Builder, comparable in niche focus and Delphi-first customer base to Mitov's developer component offerings.
- LMD Innovative: LMD Innovative offers a broad suite of VCL and FireMonkey components for Delphi/C++ Builder, comparable in scope and target customer to Mitov's LabPacks within the same niche developer ecosystem.
- WinSoft: WinSoft develops VCL and FireMonkey component libraries for Delphi/RAD Studio focused on industrial, instrumentation, and connectivity use cases, overlapping with Mitov's InstrumentLab, ControlLab, and CommunicationLab.
- TMS Software: TMS Software is a long-established vendor of VCL and FireMonkey component libraries for Delphi, C++ Builder, and RAD Studio, directly competing with Mitov's LabPacks across UI, data, and business component categories.
Broad incumbents
- National Instruments (NI / Emerson): National Instruments offers LabVIEW, a visual dataflow programming environment for test, measurement, and DSP that overlaps conceptually with OpenWire's no-code data flow approach and competes in adjacent industrial/scientific instrumentation use cases.
- Idera (Embarcadero parent): Idera owns Embarcadero, the vendor of RAD Studio, Delphi, and C++ Builder. Mitov sits in Embarcadero's Third Party Alliance and is structurally dependent on Idera's platform strategy, making it a key ecosystem incumbent and strategic counterparty.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Mitov Software social profiles
Digital presenceMitov Software financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mitov Software leadership team
Management profileNumber of profiles
Profiles1 record
Mitov Software funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mitov Software M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mitov Software
What does Mitov Software do?
Mitov Software develops and sells component libraries and visual development tools built on its proprietary OpenWire technology, enabling software developers to build complex applications with near-zero lines of code. The product suite covers video, audio, digital signal processing, computer vision, AI/neural networks, communications, process control, animation, and visual instrumentation for Delphi, C++ Builder, RAD Studio, Visual C++, and .NET platforms across Windows, macOS, Linux, Android, and iOS. The company also provides custom software development and consulting services.
Is Mitov Software a public or private company?
Mitov Software is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mitov Software founded?
Mitov Software was founded in 1997. It employs 1 to 10 people.
Where is Mitov Software based?
Mitov Software is headquartered in Moorpark, United States, in the North America region.
How does Mitov Software make money?
Five revenue lines are on record. Component Library Licenses are the primary driver. The others are custom Development, consulting, licensing of Core Technologies and annual Upgrades and Support.
Who are Mitov Software's main competitors?
Direct peers on record are FastReport, Steema Software, kbmMW (Components4Developers), DevExpress, Raize Software, LMD Innovative, WinSoft and TMS Software. Broad incumbents are National Instruments (NI / Emerson) and Idera (Embarcadero parent).
Does Mitov Software have an API?
No public API is recorded for Mitov Software.
What industry is Mitov Software in?
Mitov Software's product category is Software Development Tools. Its primary akta.pro industry code is HDAEAKAI, Developer Experience Platforms for Enterprise (IDEs, CI/CD, Dev Portals), with a secondary code of HDAEAKAA, Low-Code/No-Code Application Platforms. Its NAICS code is 513210 and its SIC code is 7372.