Verimatrix

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Verimatrix
CAC Small
Industry
Founded1995
HeadquartersMeyreuil, France
Key people

Verimatrix (Euronext: VMX) provides cybersecurity products and services that protect video content, streaming media, mobile applications, websites and APIs.[1][2] The company merged with Inside Secure in 2019. It is headquartered in France and Asaf Ashkenazi is the CEO.[1][3]

History

Founded in 1995 by Jacek Kowalski and Bruno Charrat, Verimatrix was initially a content security specialist.[1][4] In 2017, the company acquired Meontrust, an internet software and services company that provides authentication services,[5] as well as the MiriMON technology and development team from TV audience analytics company Genius Digital.[6]

In 2019, Verimatrix was acquired by French company Inside Secure.[7] The combined company adopted the Verimatrix name.[8] After its merger with Inside Secure, the company focused on cybersecurity for the entertainment, mobile, IoT, and connected cars industries.[7][9] 2019 is also when Verimatrix sold its Silicon IP, Secure Protocols and Provisioning business to Rambus Inc.[10]

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;[11] received the Biggest Cybersecurity Brand Growth - Europe award from the Cybersecurity Excellence Awards;[12] and received a Stevie management award.[13]

In April 2023, Verimatrix launched a cybersecurity microsite for CISOs, SOC teams, fraud departments, and developers.[14] The site contains the latest information on mobile app security.[14] Similarly, the company's VMX Labs provide ongoing cyber threat advisories, as well as information from team members who investigate threat types.[14]

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.[15]. Verimatrix plans to focus on their anti-piracy products, which accounts for a majority of their current revenue.[16]

Products

Verimatrix has a number of cybersecurity services and products including threat detection and response capabilities.[2]

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][24] It is used to prevent parasitic piracy, also known as CDN Leeching or vampire streaming.[23] 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. It was integrated with Surveyor ABR Active in 2022. 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.[2][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.[2]

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. 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 | VMX". Barron's. Retrieved 5 October 2023.
  2. "Verimatrix introduces new website security integration at Black Hat USA 2023 - Security On Screen by The Security Industry Group". 10 August 2023. Retrieved 31 October 2023.
  3. Field, Tom (8 May 2023). "Verimatrix CEO Asaf Ashkenazi Says Applications Pose a Serious Risk to Businesses".
  4. Mann, Colin (1 March 2019). "Inside Secure closes Verimatrix acquisition". Retrieved 9 November 2023.
  5. "Verimatrix Acquires Meontrust Oy | Mergr M&A Deal Summary". mergr.com. Retrieved 12 October 2023.
  6. "Verimatrix acquires MiriMON from Genius Digital". Digital TV. 23 June 2017.
  7. McDonald, Andrew (1 March 2019). "Inside Secure closes acquisition of Verimatrix". Digital TV.
  8. "Inside Secure is now Verimatrix". Help Net Security. 2 July 2019. Retrieved 12 October 2023.
  9. "Inside Secure to buy Verimatrix". Broadband TV News. 5 December 2018. Retrieved 21 December 2023.
  10. Chin, Spencer (4 September 2019). "Rambus acquires security IP from Verimatrix". Fierce Electronics. Retrieved 18 October 2023.
  11. "Global Infosec Awards for 2023 Winners by Company". Cyber Defense Awards.
  12. "2023 Cybersecurity Company Awards - Winners". Cybersecurity Excellence Awards. 23 February 2023.
  13. "Management Awards". The American Business Awards. 2 May 2019.
  14. Gurus, The (13 April 2023). "Verimatrix's Triple-Threat Initiative Enhances Mobile App Security". IT Security Guru. Retrieved 18 October 2023.
  15. "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.
  16. "Verimatrix sells XTD business to Guardsquare". CSI Magazine. 8 December 2025. Retrieved 21 December 2025.
  17. "Verimatrix launches new security platform for content, apps and devices". Broadband TV News. 16 February 2022. Retrieved 13 October 2023.
  18. "Verimatrix Spotlighted for Application Security". CDSA: Content Delivery & Security Association. 12 October 2022. Retrieved 31 October 2023.
  19. "Verimatrix Key Shield enhancements reduce SoftPOS security deployments". Help Net Security. 14 May 2022. Retrieved 31 October 2023.
  20. "Verimatrix offers bold cloud-based anti-piracy delivery platform". APB+ News. 23 February 2022. Retrieved 31 October 2023.
  21. "Megacable validates Streamkeeper's skills with apps, set tops, finance". Rethink. Retrieved 30 November 2023.
  22. Sharma, Ray. "Mexico's Megacable Selects Verimatrix XTD and Streamkeeper Anti-piracy Technologies". www.thefastmode.com. Retrieved 30 November 2023.
  23. Bridge, The Broadcast (7 April 2023). "Rising Live Sports Streaming Drives Supply Chain Innovations At 2023 NAB Show - The Broadcast Bridge - Connecting IT to Broadcast". www.thebroadcastbridge.com. Retrieved 30 November 2023.
  24. Phil Kurz (30 November 2021). "Verimatrix Introduces Streamkeeper Cybersecurity, Anti-Piracy Solution". TVTechnology. Retrieved 14 December 2023.
  25. "Verimatrix Streamkeeper Wins Award For 'Revenue Security'". www.cdsaonline.org. 22 November 2022. Retrieved 21 December 2023.
  26. Miller, Mark (19 April 2023). "NAB Show Announces Winners Of Product Of The Year Awards". TV News Check. Retrieved 21 December 2023.
  27. Ruddock, Jo (1 September 2022). "Telestream integrates Surveyor ABR Active monitoring technology with Verimatrix Streamkeeper multi-DRM". SVG Europe. Retrieved 24 May 2026.
  28. Sharma, Ray. "Swisscom Expands to Verimatrix's SaaS-based Content Security Solution". www.thefastmode.com. Retrieved 18 December 2023.
  29. Reynolds, Delia (19 April 2023). "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. Retrieved 18 December 2023.
  30. Mann, Colin (29 July 2022). "Asaf Ashkenazi new Verimatrix CEO". Retrieved 8 November 2023.
  31. Schaefer, Tony (15 November 2019). "#341: Special Guest: Asaf Ashkenazi of Verimatrix". What Drives Us. Retrieved 8 November 2023.
  32. Berg, Madeline. "Coronavirus Is Killing The Box Office—Hollywood May Never Be The Same". Forbes. Retrieved 8 November 2023.
  33. Field, Tom (8 May 2023). "Defending Against Emerging Threats in Mobile Security". Data Breach Today. Retrieved 24 May 2026.