Verimatrix

Name

Verimatrix

Legal name

Verimatrix, Inc.

Website

https://verimatrix.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Content Security & Anti-Piracy Software

NAICS

Software Publishers (5132)

SIC

Services-Allied To Motion Picture Distribution (7829)

akta.pro primary industry

DRM & License Enforcement (Multi-DRM, Key Management, Tokenization) (MPAHAMAB)

Keywords

• Content security software
• Anti-piracy solutions
• Digital rights management
• Video content protection
• Watermarking technology

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Anti-Piracy Services: Core revenue stream following strategic refocus. Includes subscription-based anti-piracy services generating approximately 90% of total revenue. Recurring subscription revenue grew 4% year-on-year to $15.5 million ARR in Q1 2026.
2. Non-recurring License Sales: One-time license fees for software and technology products. Grew 17% year-on-year in Q1 2026, indicating demand for perpetual or term-based license arrangements.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Verimatrix develops and sells software-based content security and anti-piracy solutions for premium video content protection across OTT, streaming, DVB, and IPTV networks. The product portfolio centers on the Streamkeeper Suite and includes Multi-DRM, forensic watermarking, the Video Content Authority System (VCAS), Counterspy detection, Deepscan response services, SecureCycle connected device security, and ReAccess for touchless modernization of legacy Conditional Access Systems. Approximately 90% of revenue is generated from subscription-based anti-piracy services following the February 2026 divestiture of the Extended Threat Defense (XTD) mobile protection business to Guardsquare.

Product overview

Verimatrix is a content security and anti-piracy solutions provider offering a unified product portfolio centered around the Streamkeeper Suite, which bundles multiple security products. The core offerings include Multi-DRM for studio-grade rights management, Watermarking (including C2PA-compliant provenance tracking) for forensic identification, VCAS for content authority across evolving networks, and Counterspy/Deepscan for piracy detection and response. Additional products include SecureCycle for connected device security and ReAccess/DVB ReAccess for modernizing legacy Conditional Access Systems across DVB, IPTV and OTT networks. The company generates approximately 90% of revenue from its anti-piracy video protection business following the February 2026 sale of its XTD mobile protection product line to Guardsquare.

Differentiator

Problem solved

Functional benefit

Brands

• Streamkeeper Suite: Best-in-class anti-piracy bundle to fight content piracy
• Multi-DRM
• Watermarking
• VCAS
• Counterspy
• Deepscan
• SecureCycle
• ReAccess
• C2PA Watermarking

Products and services

• Streamkeeper Suite Best-in-class anti-piracy bundle combining multiple Verimatrix security products (Multi-DRM, watermarking, Counterspy, Deepscan) to fight content piracy across OTT, streaming, and digital platforms. Sold to media companies, pay-TV operators, broadcasters, and content owners.
• Multi-DRM Studio-grade digital rights management enabling secure delivery of video content across multiple platforms and devices. Used by streaming platforms and content owners for studio-compliant rights enforcement.
• Watermarking Forensic client and server-side watermarking identification for tracking content distribution and identifying piracy sources. Deployed against live sports, OTT streaming, and pre-release studio content.
• Watermarking C2PA C2PA-compliant watermarking for video provenance, providing durable invisible traceability across real-world media workflows including editing, transcoding, re-packaging, streaming transformations, and metadata loss. Verimatrix is a C2PA Contributor Member; its watermarking is included in C2PA's Soft Binding Algorithm List.
• VCAS (Video Content Authority System) Trusted content authority system for evolving networks, providing secure video content protection across DVB, IPTV, and OTT deployments. Available as on-premises or SaaS on AWS. Used by operators such as Swisscom and TELUS.
• Counterspy Detection and response combined with app shielding to identify content leaks at the distribution level and shut down piracy sources. Sold to broadcasters, OTT platforms, and content owners for real-time anti-piracy operations.
• Deepscan Professional anti-piracy services with immediate counteractions for identifying and responding to piracy threats. Provided to studios, broadcasters, and streaming platforms.
• SecureCycle Continuous, automated security for connected devices protecting IoT and embedded systems throughout their lifecycle.
• ReAccess Connected, touchless security solution for DVB, IPTV and OTT networks enabling modernizing legacy Conditional Access Systems without hardware replacements. Uses Verimatrix XTD Whitebox Cryptography and XTD Code Protection for secure CAS migration over the air.
• DVB ReAccess Secure OTA software updates for broadcast satellite and DVB service providers to modernize Conditional Access Systems without costly device swaps, using Verimatrix XTD Whitebox Cryptography and XTD Code Protection. Backed by an independent Farncombe Security audit.

Quantifiable outcome

• TELUS achieved cost-effective hybrid cloud security with scalable, geo-diverse service and strong collaboration during migration
• +2 more outcomes

Named customers16 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature12 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• GuardsquarecoreStrategic or Co-development Partner · 5 February 2026Guardsquare acquired 100% of Verimatrix's Extended Threat Defense (XTD) assets including mobile threat monitoring tools, automated testing, multi-layered protection, real-time threat monitoring, and API security. The deal adds engineering talent and strengthens Guardsquare's presence in financial services and healthcare sectors. Verimatrix retained its core anti-piracy business.
• HarmoniccoreTechnology or IntegrationIntegration partnership where Verimatrix Streamkeeper integrates with Harmonic's VOS360 cloud platform for video streaming solutions. Enables joint go-to-market for cutting-edge streaming solutions with combined security and delivery capabilities.
• Content Aggregators (Partner Ecosystem)minorChannel Partner/ Reseller/ DistributorPart of Verimatrix's partner ecosystem enabling pre-integrated solutions with content aggregation partners for broader market reach.
• Middleware Providers (Partner Ecosystem)minorChannel Partner/ Reseller/ DistributorPartner ecosystem inclusion for seamless integration with middleware providers, enabling operators to deploy pre-integrated security solutions.
• STB OEMs (Partner Ecosystem)minorOEM/ Whitelabel/ Licensing PartnerPartnership with set-top box original equipment manufacturers enabling pre-deployment of Verimatrix security solutions on manufactured hardware.
• Cartesian (Farncombe)minorStrategic or Co-development PartnerSecurity audit partnership where Cartesian's Farncombe Security provides third-party validation of Verimatrix DVB ReAccess's broadcast-grade content security through independent security audits.
• C2PA (Coalition for Content Provenance and Authenticity)coreStrategic or Co-development PartnerVerimatrix is a C2PA Contributor Member. The company's watermarking technology is included in C2PA's authoritative Soft Binding Algorithm List, enabling compliance with emerging AI content provenance standards.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Irdeto: Irdeto is a direct competitor offering conditional access, DRM, and anti-piracy solutions for pay-TV operators, OTT platforms, and content owners. It is one of the closest competitors to Verimatrix's VCAS, Multi-DRM, and anti-piracy portfolio.
• Synamedia: Synamedia (formerly Cisco's Service Provider Video Technology Group) provides video security, DRM, and content protection solutions to operators and broadcasters. Its security portfolio directly overlaps with Verimatrix's Streamkeeper and VCAS offerings for pay-TV and OTT.
• NAGRA (Kudelski Group): NAGRA, a Kudelski Group division, is a leading provider of content protection, conditional access, and anti-piracy solutions for the pay-TV and OTT industry. Its security portfolio competes head-on with Verimatrix's VCAS, Multi-DRM, and watermarking products.
• Friend MTS: Friend MTS specializes in content security and anti-piracy services including forensic watermarking, streaming leak detection, and redistribution monitoring. Its offerings overlap directly with Verimatrix's Watermarking, Counterspy, and Deepscan products.

Broad incumbents

• Google Widevine: Widevine is Google's studio-grade multi-DRM platform, widely embedded across OTT ecosystems. As a hyperscaler-owned incumbent, it competes directly with Verimatrix's Multi-DRM and is often deployed at zero marginal cost to rights holders.
• Microsoft PlayReady: PlayReady is Microsoft's multi-DRM and content access protection technology, integrated across Windows, Xbox, and Azure Media Services. It competes with Verimatrix's Multi-DRM across enterprise and consumer streaming deployments.
• Apple FairPlay Streaming: FairPlay is Apple's DRM technology for streaming media, built into iOS, tvOS, and Safari. It is a mandatory or default DRM option for many premium content distributors and competes with Verimatrix's Multi-DRM for Apple ecosystem deployments.

Emerging players

• BuyDRM: BuyDRM provides multi-DRM and content security solutions as a SaaS service, including KeyOS platform. It competes with Verimatrix's Multi-DRM with a more SMB-focused, cloud-native delivery model.
• PallyCon (INKA Entworks): PallyCon offers multi-DRM, watermarking, and anti-piracy cloud services for OTT and streaming platforms. Its cloud-delivered security stack intersects with Verimatrix's Streamkeeper Suite, particularly in streaming and content owner use cases.

Others

• Cartesian (Farncombe Security): Cartesian's Farncombe Security division provides independent security audits and assurance for video content security and CAS solutions. It is both a current Verimatrix audit partner (Farncombe certification for DVB ReAccess) and an adjacent service provider for the same operator customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/VerimatrixInc
• Facebookfacebook.com/VerimatrixInc
• LinkedInlinkedin.com/company/verimatrix

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries11 records

Funding overview

Funding rounds9 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verimatrix