DSR Corporation

What DSR Corporation does

DSR Corporation is a Denver, USA-based professional software development and consulting firm founded in 1998 (with an alternative source citing 2005) that has operated for over 25 years delivering enterprise-grade software, mission-critical applications, consumer-market products, and complex multi-component systems. The company employs 101-250 staff across offices in the United States, Portugal, and Japan, serving 180+ clients with 1000+ completed projects spanning more than 200 technologies. Its core capability is fully-managed engineering teams that have worked together for years, providing full-lifecycle software development from architecture through deployment, with deep expertise in wireless IoT protocols (Zigbee, Bluetooth, BLE, Wi-Fi, Apple HomeKit, AllJoyn) and decentralized identity frameworks.

The company's revenue is generated through professional services delivered via four engagement models: turnkey project delivery (fixed-price or T&M), dedicated team augmentation (month-to-month or long-term FTE), a la carte component integration, and hourly consulting at Architect/Lead level. Notable enterprise clients include Panasonic, Netflix, Amazon, Texas Instruments, Fujitsu Siemens, Seagate, Casio, Qorvo, Sony, Tektronix, Quantum, Oracle, LG Innotek, Thales, ON Semiconductor, Delta, Humax, Toshiba, 3M, ARM, Legrand, and Evernym. Go-to-market is direct enterprise field sales with relationship-driven procurement, segmented horizontally across IoT, Electronics, Business Services, Avionics, Automotive, Storage, Financial, Digital Media, Marketing & Advertising, and Digital Identity verticals.

In April 2026, DSR contributed its enterprise-grade Self-Sovereign Identity (SSI) Toolkit, rebranded as the Hiero Heka Identity Platform, to the Hiero project under Linux Foundation Decentralized Trust, marking a strategic pivot from pure services toward a productized open-source identity platform. The company is founder-led by Anatoli Pechkov (Founder & CEO) and Genie Peshkova (President), privately held with no disclosed external funding, and maintains membership in multiple standards bodies including Connectivity Standards Alliance (Thread group), Bluetooth SIG, OpenWallet Foundation, DECT Forum, and ETSI.

Name

DSR Corporation

Legal name

DSR Corporation

Website

https://dsr-company.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

DSR Corporation is a Denver-based professional software development and consulting firm with 101-250 employees delivering fully-managed engineering teams to enterprise clients across IoT, electronics, automotive, digital identity, and other verticals. The firm operates in the US, Portugal, and Japan, and contributed its Hiero Heka SSI platform to Linux Foundation Decentralized Trust in April 2026.

Ownership category

akta.pro rank

Product category

Software Development Services

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Privacy Management (Consent, DSAR, RoPA) (HDADAFAH)

Keywords

• Software development services
• IoT wireless solutions
• Self-sovereign identity
• Digital identity platforms
• Embedded systems consulting

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Software Development & Consulting: Revenue generated through professional software development and consulting services. Engagement models include turnkey projects (fixed-price or time & materials), dedicated team staffing (month-to-month or long-term FTE), a la carte component integration, and hourly consulting at Architect/Lead level. The fully-managed team model enables high-quality, consistent delivery.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

DSR Corporation is a professional software development and consulting company that delivers enterprise-grade software, mission-critical applications, consumer-market-ready products, and complex multi-component systems through fully-managed expert engineering teams. The firm specializes in IoT wireless technologies (Zigbee, Bluetooth, BLE, Wi-Fi, Apple HomeKit, AllJoyn) and Self-Sovereign Identity / decentralized identity solutions, including the open-source Hiero Heka Identity Platform contributed to the Linux Foundation Decentralized Trust. Services are delivered via four engagement models: turnkey projects, dedicated team augmentation, a la carte component integration, and hourly consulting.

Product overview

DSR Corporation is a professional software development and consulting company with over 25 years of experience, 200+ technologies, and 1000+ completed projects for 180+ clients. Their primary product is the Hiero Heka Identity Platform (Heka), an enterprise-grade Self-Sovereign Identity (SSI) platform contributed to the Linux Foundation Decentralized Trust. Alongside this core platform, they offer a comprehensive suite of managed software development services including IoT solutions (with expertise in Zigbee, Bluetooth, Wi-Fi, Apple HomeKit, and AllJoyn) and Digital Identity solutions (self-sovereign identity frameworks, digital wallets, and mobile applications). Services are delivered through engagement models including Turnkey Projects, Dedicated Teams, A La Carte Services, and Hourly Consulting, spanning industries such as IoT, Electronics, Business Services, Avionics, Automotive, Storage, Financial, Digital Media, and Marketing & Advertising.

Differentiator

Problem solved

Functional benefit

Products and services

• Managed Software Development Services Fully-managed teams of expert engineers delivering enterprise-grade software development, mission-critical applications, consumer-market-ready products, and complex multi-component systems across the full software development lifecycle from architecture to deployment. Delivered through four engagement models: Turnkey Projects, Dedicated Teams, A La Carte Services, and Hourly Consulting.
• IoT Solutions Wireless IoT product engineering supporting Zigbee, Bluetooth, Bluetooth Low Energy, Wi-Fi, Apple HomeKit, and AllJoyn, with capabilities for trend detection, powerful analytics, and optimization. Built for enterprise hardware manufacturers and connected-product companies.
• Digital Identity Solutions Solutions in Decentralized Identity including Self-Sovereign Identity (SSI) frameworks, digital wallets, and end-user mobile applications for managing digital identity. Built for enterprises and consortia building SSI-based identity products.
• Hiero Heka Identity Platform Enterprise-grade Self-Sovereign Identity (SSI) platform enabling decentralized identity deployment, digital wallets, and end-user mobile identity applications. Originally DSR's proprietary SSI Toolkit, contributed as a subproject to the Linux Foundation Decentralized Trust Hiero project to move beyond fragmented tooling toward deployable enterprise-ready systems.

Quantifiable outcome

• 180+ satisfied clients across diverse industries
• +3 more outcomes

Named customers23 records

Segments10 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

15 partnerships are on record, tiered core and minor.

• Linux Foundation Decentralized Trust (LFDT)coreStrategic or Co-development PartnerDSR Corporation contributed its enterprise-grade SSI Toolkit (now called Hiero Heka Identity Platform) to the Hiero project under Linux Foundation Decentralized Trust. The contribution aims to accelerate real-world enterprise adoption of decentralized identity by moving beyond fragmented tooling toward deployable enterprise-ready systems. DSR enables broader validation, integration, and scalability through open source.
• Connectivity Standards AlliancecoreStrategic or Co-development PartnerDSR Corporation is a Thread group member of the Connectivity Standards Alliance, indicating active participation in IoT interoperability standards development.
• Bluetooth SIGminorStrategic or Co-development PartnerDSR Corporation is a member of the Bluetooth Special Interest Group, indicating expertise and participation in Bluetooth wireless standards.
• OpenWallet FoundationminorStrategic or Co-development PartnerDSR Corporation is a member of the OpenWallet Foundation, contributing to open-source digital wallet standards.
• DECT ForumminorStrategic or Co-development PartnerDSR Corporation is a member of the DECT Forum, participating in DECT wireless standard ecosystem.
• ETSIminorStrategic or Co-development PartnerDSR Corporation is a member of ETSI (European Telecommunications Standards Institute), participating in standards development including IoT cybersecurity standards such as ETSI EN 303 645.
• EvernymcoreStrategic or Co-development PartnerEvernum is described as a client where DSR has become a critical, trusted partner. DSR provides high-caliber engineers in critical roles on Evernym's development teams, with unflagging support over many years. DSR engineers act as an integral part of Evernym's development organization.
• LegrandcoreImplementation/ SI/ Consulting PartnerLegrand NA uses DSR for smart shading and residential controls product development. The DSR team has become an extension of Legrand's own team, attending planning meetings, reviews, and helping troubleshoot customer field issues. DSR enabled Legrand to get products to market quicker.
• PanasonicminorOthersDSR Corporation has worked with Panasonic on software development projects, listed among client logos on the company website.
• NetflixminorOthersDSR Corporation has worked with Netflix on software development projects, listed among client logos on the company website.
• AmazonminorOthersDSR Corporation has worked with Amazon on software development projects, listed among client logos on the company website.
• Texas InstrumentsminorOthersDSR Corporation has worked with Texas Instruments on software development projects, listed among client logos on the company website.
• SonyminorOthersDSR Corporation has worked with Sony on software development projects, listed among client logos on the company website.
• OracleminorOthersDSR Corporation has worked with Oracle on software development projects, listed among client logos on the company website.
• ARMminorOthersDSR Corporation has worked with ARM on software development projects, listed among client logos on the company website.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• SoftServe: IT consulting and software development firm with deep IoT, embedded, and digital identity expertise. Similar focus on enterprise-grade software and multi-region delivery model.
• EPAM Systems: Global custom software engineering and digital platform services firm with comparable product development, IoT, embedded, and enterprise client base. EPAM is a high-scale analog to DSR's managed-team model.
• Globant: Digital and cognitive transformation services provider with comparable engineering team augmentation and enterprise software delivery model. Direct overlap with DSR's IoT and digital identity service offerings.
• Thoughtworks: Global technology consultancy delivering custom software engineering, architecture, and digital strategy to enterprises. Comparable 'engineering excellence' positioning and managed-team delivery model.
• BairesDev: Software outsourcing and dedicated team provider with nearshore delivery model. Closely comparable to DSR's dedicated team augmentation and managed engineering service line.
• Intellias: Custom software development and IT services firm with strong automotive, IoT, and embedded systems verticals. Comparable technology breadth and dedicated team delivery model.
• Itransition: Custom software development and consulting company with multi-region delivery and broad industry verticals. Similar mid-scale services firm competing for enterprise software contracts.
• Exadel: Custom software development and digital transformation firm with distributed delivery model. Closely comparable in scale, multi-region footprint, and enterprise client focus.

Broad incumbents

• Cognizant: Global IT services and consulting giant with enterprise software, IoT, and digital identity capabilities. Operates as a much larger incumbent competing for the same enterprise software RFPs DSR pursues.
• Infosys: Global IT services leader with broad enterprise software, embedded, and digital transformation offerings. Represents the scale competitor DSR faces in pursuing large enterprise engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about DSR Corporation