Digimarc Corporation is a provider of
enterprise software and services. The company's software, which includes
digital identifiers (i.e., serialized QR codes and digital watermarks), are designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability. Digimarc products are created for multiple industries such as apparel, consumer packaged goods, health and beauty, and automotive.
With the 2022 acquisition of
EVRYTHNG, a software company based in London, Digimarc added a digital product cloud to its roster of products.
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'
first digital-watermarking patentwas 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 (IPO) 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 wa
issued over 100+ new patentsfor innovations in watermark application and verification, augmented reality, and machine learning. That same year, the company opened offices in
Cologne,
Germany and
Tokyo,
Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
.
In 2021, CEO Bruce Davis retired and was succeeded b
Riley McCormackwho had previously served as Lead Director of the Digimarc Board. The company entered semi-industrial trials as part of th
Digital Watermarks Initiative HolyGrail 2.0. an initiative that pulled together 100 companies focused on reducing plastic waste. In November, the compan
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.
See also
*
List of companies based in Oregon
This is a list of companies based in Oregon. Oregon is the ninth largest by area and the 27th most populous of the 50 United States. The gross domestic product (GDP) of Oregon in 2010 was $168.6 billion; it is the United States's 26th wealthies ...
References
External links
Official Website
{{Authority control
Companies based in Beaverton, Oregon
Technology companies established in 1995
Digital watermarking
Companies listed on the Nasdaq
1995 establishments in Oregon