Verimatrix

Verimatrix (euronext: VMX FR0010291245) provides cybersecurity products and services that protect video content, streaming media, mobile applications, websites and APIs.[1] The company merged with Inside Secure in 2019. It is headquartered in France and Asaf Ashkenazi is the CEO.[1][2]

History

Founded in 1995 by Jacek Kowalski and Bruno Charrat, Verimatrix was initially a content security specialist.[1][3] In 2017, the company acquired Meontrust, an internet software and services company that provides authentication services,[4] as well as the MiriMON technology and development team from TV audience analytics company Genius Digital.[5]

In 2019, Verimatrix was acquired by French company Inside Secure.[6] The combined company adopted the Verimatrix name.[7] After its merger with Inside Secure, the company focused on cybersecurity for the entertainment, mobile, IoT, and connected cars industries.[6][8] 2019 is also when Verimatrix sold its Silicon IP, Secure Protocols and Provisioning business to Rambus Inc.[9]

In 2023, the cybersecurity company received several awards: it was named a winner in mobile app security in the 2023 Global Infosec Awards by Cyber Defense Magazine;[10] received the Biggest Cybersecurity Brand Growth - Europe award from the Cybersecurity Excellence Awards;[11] and received a Stevie management award.[12]

In April 2023, Verimatrix launched a cybersecurity microsite for CISOs, SOC teams, fraud departments, and developers.[13] The site contains the latest information on mobile app security.[13] Similarly, the company's VMX Labs provide ongoing cyber threat advisories, as well as information from team members who investigate threat types.[13]

In December 2025, Verimatrix agreed to sell their XTD product line, including associated patents and employees, to the Belgian company Guardsquare, developer of ProGuard, for US$8.5 million, to be adjusted at closing.[14]. Verimatrix plans to focus on their anti-piracy products, which accounts for a majority of their current revenue.[15]

Products

Verimatrix has a number of cybersecurity services and products including threat detection and response capabilities.[16]

App Shield

This product provides SaaS in-app protection in the form of zero code hardening of iOS and Android mobile apps to protect against reverse engineering and other attacks.[17][18]

Code Shield

Code Shield protects application code with a customizable security toolkit.[18]

Key Shield

Key shield is an engineering toolkit used to protect cryptographic keys to meet high-end compliance requirements.[18][19] In 2022, Verimatrix announced new options in Key Shield for SoftPOS users.[19]

Secure Delivery Platform

This platform provides cybersecurity and anti-piracy services for media companies, content owners, streaming media providers, and broadcast operators.[20] It was released in 2022 at which time it included Streamkeeper DRM and Streamkeeper Counterspy.[20]

Streamkeeper

Streamkeeper, released in 2021, is a content protection product that combines the following Verimatrix products: Multi-DRM, Watermarking,[21][22] and Counterspy.[23] It is used to prevent parasitic piracy, also known as CDN Leeching or vampire streaming.[24] Streamkeeper was named a winner of the NAB Product of the Year Awards in the AI/Machine Learning category.[25][26]

Streamkeeper Multi-DRM

Streamkeeper multi-DRM provides content protection with a focus on delivering video for a good viewer experience.[27] It was integrated with Surveyor ABR Active in 2022.[27] Surveyor is Telestream iQ’s ABR streaming QoE and QoS monitoring technology.[27]

Video Content Authority System

This SaaS product provides cloud-based anti-piracy security.[28]

Extended Threat Defense (XTD)

XTD is used to prevent, detect, and predict threats to mobile apps and other devices that connect to business infrastructure.[16][29] It is an enterprise SaaS solution.[18][22]

Web Protect

In August 2022, the company released Verimatrix Web Protect. It provides website security services and is offered through a partnership with Reflectiz, a cybersecurity company.[16]

Leadership

Asaf Ashkenazi was appointed CEO of Verimatrix in August 2022.[30] He joined the company in 2018 and held the titles of Chief Strategy Officer and Chief Operations Officer before his appointment as CEO.[31][32][30] His previous positions include vice president of product strategy at Inside Secure; vice president of IoT security products at Rambus; and lead for security products at Qualcomm.[33] He also worked at Freescale Semiconductor and Motorola, and served on the board of the FIDO Alliance.[33]

References

  1. Verimatrix S.A. Company & People Barron's, retrieved 2023-10-05^
  2. Tom Field. Verimatrix CEO Asaf Ashkenazi Says Applications Pose a Serious Risk to Businesses 8 May 2023^
  3. Colin Mann. Inside Secure closes Verimatrix acquisition 2019-03-01, retrieved 2023-11-09^
  4. Verimatrix Acquires Meontrust Oy mergr.com, retrieved 2023-10-12^
  5. Verimatrix acquires MiriMON from Genius Digital Digital TV, 23 June 2017^
  6. Andrew McDonald. Inside Secure closes acquisition of Verimatrix Digital TV, 1 March 2019^
  7. Inside Secure is now Verimatrix Help Net Security, 2019-07-02, retrieved 2023-10-12^
  8. Inside Secure to buy Verimatrix Broadband TV News, 2018-12-05, retrieved 2023-12-21^
  9. Spencer Chin. Rambus acquires security IP from Verimatrix Fierce Electronics, 4 September 2019, retrieved 18 October 2023^
  10. Global Infosec Awards for 2023 Winners by Company Cyber Defense Awards^
  11. 2023 Cybersecurity Company Awards - Winners Cybersecurity Excellence Awards, 23 February 2023^
  12. Management Awards The American Business Awards, 2 May 2019^
  13. The Gurus. Verimatrix's Triple-Threat Initiative Enhances Mobile App Security IT Security Guru, 2023-04-13, retrieved 2023-10-18^
  14. Verimatrix: Signing of an Agreement for the Sale of XTD Assets (Code and Application Protection) to Guardsquare Business Wire, 8 December 2025, retrieved 9 December 2025^
  15. Verimatrix sells XTD business to Guardsquare CSI Magazine, 2025-12-08, retrieved 2025-12-21^
  16. Verimatrix introduces new website security integration at Black Hat USA 2023 - Security On Screen by The Security Industry Group 2023-08-10, retrieved 2023-10-31^
  17. Verimatrix launches new security platform for content, apps and devices Broadband TV News, 2022-02-16, retrieved 2023-10-13^
  18. Verimatrix Spotlighted for Application Security CDSA: Content Delivery & Security Association, 12 October 2022, retrieved 2023-10-31^
  19. Verimatrix Key Shield enhancements reduce SoftPOS security deployments Help Net Security, 14 May 2022, retrieved 2023-10-31^
  20. Verimatrix offers bold cloud-based anti-piracy delivery platform APB+ News, 2022-02-23, retrieved 2023-10-31^
  21. Megacable validates Streamkeeper's skills with apps, set tops, finance Rethink, retrieved 2023-11-30^
  22. Ray Sharma. Mexico's Megacable Selects Verimatrix XTD and Streamkeeper Anti-piracy Technologies www.thefastmode.com, retrieved 2023-11-30^
  23. Verimatrix Introduces Streamkeeper Cybersecurity, Anti-Piracy Solution TVTechnology, 2021-11-30, retrieved 2023-12-14^
  24. The Broadcast Bridge. Rising Live Sports Streaming Drives Supply Chain Innovations At 2023 NAB Show - The Broadcast Bridge - Connecting IT to Broadcast www.thebroadcastbridge.com, 2023-04-07, retrieved 2023-11-30^
  25. Verimatrix Streamkeeper Wins Award For 'Revenue Security' www.cdsaonline.org, 22 November 2022, retrieved 2023-12-21^
  26. Mark Miller. NAB Show Announces Winners Of Product Of The Year Awards TV News Check, 2023-04-19, retrieved 2023-12-21^
  27. Jo Ruddock Thursday, September 1, 2022-12:03 Print This Story. Telestream integrates Surveyor ABR Active monitoring technology with Verimatrix Streamkeeper multi-DRM SVG Europe, retrieved 2023-12-05^
  28. Ray Sharma. Swisscom Expands to Verimatrix's SaaS-based Content Security Solution www.thefastmode.com, retrieved 2023-12-18^
  29. Delia Reynolds. Verimatrix, a company that provides people-centered security for the connected world, will showcase its latest Verimatrix XTD UX and design at this year's Bollyinside - Breaking & latest News worldwide, 2023-04-19, retrieved 2023-12-18^
  30. Colin Mann. Asaf Ashkenazi new Verimatrix CEO 2022-07-29, retrieved 2023-11-08^
  31. Tony Schaefer. #341: Special Guest: Asaf Ashkenazi of Verimatrix What Drives Us, 2019-11-15, retrieved 2023-11-08^
  32. Madeline Berg. Coronavirus Is Killing The Box Office—Hollywood May Never Be The Same Forbes, retrieved 2023-11-08^
  33. Tom Field May 8. Defending Against Emerging Threats in Mobile Security www.databreachtoday.com^