Wednesday, June 21, 2006

Verimatrix Raises $8 Million for Watermarking Digital Content Protection

Verimatrix, a start-up based in San Diego, raised $8 million for its digital content protection system. Verimatrix develops Pay TV content protection and access control systems, which include a user-specific forensic watermarking technology called "VideoMark". The Verimatrix Content Authority System (VCAS) is a software-based content security solution that enables digital video content on devices and systems within media delivery networks to be encrypted and authenticated in order to identify security breaches and unauthorized network users. The solution is currently deployed by leading IPTV operators around the globe.

The new investment round was led by Crescendo Ventures and included Mission Ventures and strategic investor Siemens Venture Capital GmbH.

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