SUNNYVALE, Calif./EINDHOVEN, the Netherlands, October 24, 2023 – Intrinsic ID, a world leading digital security solutions provider today marked a key milestone as it celebrates its 15th anniversary. Formed in 2008 as a spinout of Philips Research where the founders of Intrinsic ID were conducting groundbreaking research on security for ambient intelligence – a precursor to the Internet of Things (IoT) – the company has pioneered the use of Physical Unclonable Functions (PUFs) for security and authentication applications in embedded systems and the Internet of Things (IoT). Today, the Intrinsic ID PUF-based security solutions are deployed by the biggest tech and semiconductor companies around the world in more than 600 million devices and counting.
"I'm incredibly proud of what we've built over the last 15 years at Intrinsic ID. To see our work evolve into a commercial enterprise and contribute so significantly to the advancement of digital security is humbling and gratifying,” said Dr. Pim Tuyls, CEO and co-founder of Intrinsic ID. “The attitude towards digital security has shifted dramatically over the years and now device-level security has become an integral component that is designed in up front. It has been a remarkable journey so far and one that is far from over. I’m proud of the gains we’ve made in helping to enable a more secure, interconnected world and excited about the advances we will make over the next 15 years and beyond.”
Intrinsic ID has displayed steady growth throughout its history with its underlying technology continuing to receive industry accolades. Over the last few years, the company has experienced accelerated momentum, doubling its revenue, exponentially expanding the number of devices containing its technology and gaining traction in new, high-growth market sectors such as automotive, the data center and IoT. The company’s two most recent product launches underscore its commitment and leadership in IoT security.
Recently, Intrinsic ID became the world’s first IP provider to achieve PSA Certified Level 3 Root of Trust (RoT) Component Certification with QuiddiKey 300 – one of a series of new products customized for key target markets such as: automotive, datacenter, government/defense and IoT among others. In addition, the new Intrinsic ID software-based solution, Zign® which enables every connected device to have a unique identity and hardware-based security anchor, offers device-level security to new or existing IoT devices and has been nominated for IoT Product of the Year as part of the Elektra Awards 2023.
“Intrinsic ID has been working on commercializing the use of PUF technology for security and authentication purposes longer than any other vendor. We play a key role in making the digital world more secure in hundreds of millions of devices from smart watches to satellites. As the need for security is everywhere, our solutions are becoming more relevant for a wider range of applications and industries,” said Geert-Jan Schrijen, co-founder and CTO of Intrinsic ID.
Intrinsic ID is recognized as the largest and most established provider of PUF technology addressing the growing security complexities for chip makers by the Microprocessor Report from Tech Insights. The report describes how PUF technology is gaining market traction and how the technology can solve for the industry’s most pressing security issues. (contact info@intrinsic-id.com to get the Microprocessor Report article)
Intrinsic ID was formed based on pioneering work with SRAM PUF. This initial work is still relevant today. The founders of Intrinsic ID along with colleagues from Philips Research published a paper in 2007 titled: “FPGA PUFs and Their Use for IP Protection.” Since its publication, this paper has been cited over 1500 times and was recently named one of the three “most noticeable” papers in the 25-year history of the annual Conference on Cryptographic Hardware and Embedded Systems (CHES). CHES is the premier venue for research on design and analysis of cryptographic hardware and software implementations and the most noticeable papers were selected based on the objective measure of number of citations.
