Digimarc

#7644

Rank

$290.74M

Marketcap

United States

Country

Leadership team

Mr. Riley Young McCormack (CEO, Pres & Director)

Mr. Charles Beck (Exec. VP, CFO & Treasurer)

Mr. Tony Rodriguez (Exec. VP & CTO)

Products/ Services

Computer, Database, Software

Number of Employees

100 - 500

Headquarters

Beaverton, Oregon, United States

Established

1995

Company Registration

SEC CIK number: 0001438231

Revenue

20M - 100M

Traded as

DMRC

Social Media

URL

https://www.digimarc.com

Overview

Location

Recognition and Award

References

Summary

Digimarc Corporation provides automatic identification solutions to commercial and government customers in the United States and internationally. The company offers Digimarc watermarks, a data carrier that provides a digital identity to media objects; Digimarc Discover, a software for computing devices and network interfaces that recognize and decode indicia of the identity of media; and Digimarc Verify, a suite of software tools used to inspect and verify that the identification and discovery of media. Its solutions are used in various application solutions, such as product authentication of physical products; sorting of consumer-packaged goods in recycling streams; track and trace of products within the supply chain; quality control in manufacturing processes; inventory management and planogram compliance; retail point of sale transaction processing; piracy deterrence of digital media objects; content identification and media management; and enhanced services in support of mobile commerce. The company offers its solutions through its sales personnel and business partners. Digimarc Corporation was incorporated in 2008 and is based in Beaverton, Oregon.

History

The company was founded by Geoff Rhoads in 1995.

In 1996, after initial venture funding, the company released its first product: a digital watermarking plug-in bundled with Adobe Photoshop, Corel and Micrografix software.

In 1997, Bruce Davis was appointed CEO and the company's first digital-watermarking patent was granted. Today, the company has nearly 1,100 innovations patented by the U.S. Patent and Trademark office.

In 1999, the company went public with an Initial Public Offering which raised more than $90 million. That same year, the company contracted with a consortium of central banks to develop a global system used in deterring digital counterfeiting of currency.

In 2001, the company acquired a business division of Polaroid Corporation. Those assets led to the establishment of Digimarc ID Systems®, a division of the company that would eventually focus on protecting the authenticity of driver licenses in 37 states, which was sold off in 2008.

In 2004, the company was named one of the 25 fastest growing companies by Forbes magazine.In 2015, the company received an Emmy Award for Technology & Engineering for its work in the entertainment industry.

In 2017, the company was issued over 100+ new patents for innovations in watermark application and verification, augmented reality, and machine learning. That same year, the company opened offices in Cologne, Germany and Tokyo, Japan.

In 2021, CEO Bruce Davis retired and was succeeded by Riley McCormack who had previously served as Lead Director of the Digimarc Board. The company entered semi-industrial trials as part of the Digital Watermarks Initiative HolyGrail 2.0., an initiative that pulled together 100 companies focused on reducing plastic waste. In November, the company announced its plan to acquire EVRYTHNG, a software company based in London that specializes in providing products with a digital record on the web.

In 2022, the company's digital watermarks received a 99% detection rate during a semi-industrial trial as part of the HolyGrail 2.0 initiative.

Mission

Digimarc's mission is to create the most innovative digital identification technology solutions to help people and businesses communicate, collaborate and connect.

Vision

Digimarc's vision is to be the world leader in digital identification by creating a digital space where applications, technologies and services come together to help people and businesses communicate, collaborate and connect. We strive to create the next generation of digital identities that will shape the future of the digital economy.

Key Team

Mr. Joel Meyer (Exec. VP, Chief Legal Officer, Compliance Officer & Corp. Sec.)

Ms. Lucy Oulton (VP of Operations)

Ms. Mignon Senuta M.B.A. (VP of ESG Engagement & Corp. Communications)

Ms. Jennah Jevning (VP of Marketing)

Ms. Jill Elliott SPHR (Exec. VP & Chief People Officer)

Mr. Ken Sickles (Exec. VP & Chief Product Officer)

Ms. Judy Moon (VP & Global Head of Revenue)

Recognition and Awards

Digimarc has been the recipient of multiple industry awards for its work in digital identification, including the Industrial Design Excellence Award, the Innovation Award from Mobile World Congress and the Technology Achievement Award from Pacific Northwest Gift Awards.