Intrinsic ID is a pioneering company specializing in security solutions for the Internet of Things (IoT) using Physical Unclonable Functions (PUFs). PUFs are unique digital fingerprints created by the inherent physical variations in semiconductor devices, making them nearly impossible to duplicate. This technology is crucial for securing IoT devices, which are increasingly becoming targets for cyber-attacks.

The company serves a diverse range of clients, including semiconductor manufacturers, IoT device makers, and companies requiring robust security for their hardware. Intrinsic ID operates in the cybersecurity market, focusing specifically on hardware-based security solutions.

Intrinsic ID’s business model revolves around licensing its PUF technology to clients. This includes providing hardware IP (Intellectual Property) like QuiddiKey and Apollo, as well as software IP such as BK and Citadel. These products are integrated into clients' devices to ensure secure key storage, authentication, and data protection. The company also offers infrastructure tools and support to help clients implement and manage their security solutions effectively.

Revenue is generated primarily through licensing fees, which clients pay to use Intrinsic ID’s proprietary technology. Additionally, the company may earn income from consulting services, support contracts, and possibly from partnerships and collaborations with other tech firms.

Intrinsic ID has established itself as a leader in the field, with a proven track record of reliability and innovation. Their technology is trusted by major industry players like NXP Semiconductors and Silicon Labs, further solidifying their reputation.

Keywords: IoT security, PUF technology, hardware security, cybersecurity, semiconductor, secure key storage, authentication, licensing, hardware IP, software IP.