Corporate milestones

1997

• Three partners found Fallingbrook Technologies in Ottawa, ON, Canada

1999

• Company is renamed Cloakware

2000

• First flagship patent is filed
• First license agreement to use Cloakware DRM technology in an e-book product is signed
• US$3M first-round financing is secured

2002

• Cloakware Transcoder™ is launched
• Cloakware Transcoder is licensed to a leading US software company
• Cloakware receives Frost & Sullivan Technology Innovation Award
• First customer in EMEA is signed
• White-box cryptography is launched

2003

• TD Ventures, Covington Capital, and Intel invest US$4.6M in Series A financing
• Intel Capital licenses technology to Cloakware
• First patent is awarded for data flow code transformations
• Irdeto becomes a customer
• Cloakware Security Suite, which helps protect application code against reverse engineering, tampering attacks and automated attacks, is launched

2004

• Cloakware becomes a Microsoft Security Partner for Windows Media DRM
• First customer licenses Cloakware Security Suite (CSS)

2005

• Cloakware reincorporates in Delaware
• TD Ventures, Globespan Capital, Covington Capital and Intel Capital invest US$10M in Series B financing
• First customer in Asia-Pacific, Mobile Broadcasting Corporation (MBCo), is signed
• Cloakware Server Password Manager (now Cloakware Password Authority), an enterprise password management product, is launched
• Cloakware joins Digital Living Network Alliance (DLNA)
• First customer licenses Cloakware Robustness Solutions (now Cloakware DRM Solutions)
• First customer licenses Cloakware Server Password Manager (now Cloakware Password Authority)

2006

• Year-over-year number of contracts triples
• 100th employee is hired
• First US enterprise channel partner is signed

2007

• Cloakware technology is deployed to over one billion client applications worldwide
• Irdeto signs agreement to acquire Cloakware
• Acquisition of Cloakware closes

2008

• Cloakware launches Cloakware Password Authority 4.0, the only truly enterprise-grade solution to automate the lifecycle management of privileged passwords in the datacenter
• Sailpoint and Cloakware partner to strengthen identity controls for privileged user accounts
• Cloakware moves to new headquarters to accommodate growth
• Cloakware surpasses its 100th customer deployment worldwide
• Cloakware joins the Marlin Partner Program to develop interoperable solutions around the open Marlin DRM standard