San Jose, Calif. – March 22, 2010 – Verayo, a security and authentication solutions provider, announces its exclusive rights to U.S. patent number 7,681,103, titled “RELIABLE GENERATION OF A DEVICE-SPECIFIC VALUE,” granted to MIT by the U.S. Patent and Trademark Office. This fundamental patent covers, for example, reliable generation of silicon chip-unique values using Physical Unclonable Function (PUF) technology. Such chip-unique values can be used as dynamic, volatile secret keys for cryptographic operations.
“This license to the issued patents is a significant milestone for moving this technology into various commercial applications in the security and authentication industry,” said Dr. Srini Devadas, Professor of Electrical Engineering and Computer Science at MIT and CTO and co-founder at Verayo.
PUF-based key generation significantly elevates security and trust in cryptography-based solutions. Current state-of-the-art cryptography is based on keys that are typically stored on-chip. These keys are then used to authenticate and encrypt sessions for various applications such as identification, access control or financial transactions. With PUFs, such cryptographic solutions can provide a higher level of security and trust by dynamically generating chip-unique (or shared) volatile, though robust/reproducible, cryptographic keys, instead of storing and securing these keys. Additionally, a PUF-based cryptography solution can generate multiple, volatile secret root master keys even after being deployed in the field. This allows PUF-based cryptography solutions to renew root master keys in the field or support multiple vendors, features and functions.
To learn more about Verayo’s innovative PUF technology, visit the company’s YouTube channel at www.youtube.com/verayovideo.
About Verayo
Verayo was founded in Silicon Valley in 2005. The company is focused on building security and authentication solutions based on Silicon Physical Unclonable Functions (PUF) technology, which was invented and first implemented at MIT by Prof. Srini Devadas and his team. Since its founding, the Verayo team has designed, built, and tested ICs using PUFs and built-up a growing body of additional IP and substantive know-how beyond the initial IP that Verayo licensed exclusively from MIT. Verayo is funded by Khosla Ventures and has assembled an experienced Advisory Board drawn from the semiconductor and security industries. In addition to developing commercial products, the company is working on projects for various U.S. Defense Agencies.
For more information, visit http://verayo.com/.