The company was founded in 2000 by Dr. Xiaoping Hu in California and funded by venture capital Acorn Campus of U.S. and Hyundai of Korea. Boly has invented a series of world-leading patents on image processing, such as image scaling, no-loss data compression, video streaming, motion tracking, etc. and established BolyRAW high-quality image processing technologies. They produce auto-focus camera modules for mobile phones, driven by their patented piezoelectric motor, and are expanding rapidly across the globe.