Verimatrix, also known as Inside Secure or Verimatrix Société anonyme, is Publicly Owned and headquartered in France. Founded in 1994, the company employs approximately 290 individuals, reported $46.5M in revenue as of 2025, and operates as a tier 1 media tech buyer. The company provides content security and cybersecurity technology to the media and technology industries.
Verimatrix anticipates a return to profitable growth by 2028, following a year where it reported falling revenues and a wider net loss for full-year 2025. The company's Annual Recurring Revenues (ARR) from subscription services grew by 5%, missing guidance, primarily due to a 3% negative performance in its Extended Threat Defence (XTD) product line. On March 12, 2026, the company disclosed its full-year 2025 results, showing consolidated revenue down 19% to $46.5 million, with recurring revenue representing 71% of the total. Adjusted EBITDA was near break-even, while the net loss expanded to $11.2 million. Concurrently, Verimatrix unveiled a new roadmap for 2026–2028, which involves a strategic refocus on anti-piracy (video protection) and the deployment of growth drivers in the OTT market. This strategy also includes plans to finalize the sale of the XTD product line, with an aim to achieve 80% recurring revenue by 2028. Previously, on March 5, 2026, the company's ReAccess solution earned a gold 2026 Merit Award for Telecom & Wireless.
Verimatrix offers 13 products in the telecoms tech and media tech industries. Verimatrix's product portfolio comprises of enterprise security and content security.
Subscribe for full access to Verimatrix's products in full detail
Verimatrix's revenues were $46.5M in 2025. Caretta Research has split Verimatrix's revenue into 7 different product categories, the largest of which is conditional access systems (CAS), which represents 35% of Verimatrix's revenue.
Subscribe for full access to Verimatrix's revenue in full detail
Verimatrix's customers primarily consist of telecoms and connectivity infrastructure companies. Examples of Verimatrix's customers include Telefonica, Toshiba and AT&T. Verimatrix has commercial and technical partners like Amazon Web Services (AWS), Akamai and Broadcom.
Subscribe for full access to Verimatrix's products in full detail 
