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Verayo
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Verayo is a provider of security and authentication solutions based on technology. PUF technology was invented and first implemented at MIT by Professor Srini Devadas and his team. Since its founding in Silicon Valley in 2005, Verayo has designed, built and tested ICs using PUFs, as well as established a growing body of additional IP and substantive expertise beyond the initial IP that Verayo licensed exclusively from MIT. In addition to developing commercial products, the company is working on projects for various U.S. Defense Agencies. History Verayo’s core PUF technology is based on work at MIT by Professor Srini Devadas and his team. In 2005, Dr. Devadas and Tom Ziola, formerly with Microsoft, formed PUFCO. Later renamed Verayo, PUFCO exclusively licensed MIT’s rights in the core technology. Verayo is funded by Khosla Ventures and has assembled an experienced Advisory Board drawn from the semiconductor and security industries. Verayo has relationships with US Department of Defense agencies and has received multiple contract awards to further develop systems using PUF technology. PUF Technology technology is a silicon technology that renders RFID chips unclonable. PUFs are tiny electrical circuits which are fabricated identically on all IC chips. Each chip then responds uniquely to the given input or “challenge”, a random 64-bit or longer number, creating an individual “fingerprint” (a second 64-bit or longer number) for each silicon chip. In the simplest implementation, PUF technology can make each chip unique and unclonable, as well as provide chip-unique characteristics to authenticate each chip. 
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