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Developer of technology designed to create an unclonable identity layer on any object. The company's technology leverages the inherent randomness in nanoscale systems to generate large, unique cryptographic keys for challenge-response protocols in a small footprint that can be applied to any surface, providing clients with trusted physical identity for things.
Last updated
In 2024, DUST Identity's revenue reached $2.9M. The company previously reported $1.4M in 2023. Since its launch in 2007, DUST Identity has shown consistent revenue growth.
DUST Identity has not publicly disclosed its valuation. The company has raised $12.3M in total funding to date.
DUST Identity has raised $12.3M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $10M | - | - | |
| 2018 | Funding round | $2.3M | - | - |
CEO
CEO and Co-founder at DUST Identity. DUST Identity is the creator of the Diamond Unclonable Security Tag (DUST), a proprietary technology utilizing nano-engineered diamonds to create an unclonable identity layer on any object. DUST Identity is the only supply-chain solution that ensures that trusted data and verifiable products are used and traced across their full lifecycle. DUST Identity, established in 2018 and headquartered in Boston, was created by a team of of quantum physics, nanotechnology and cyber experts. The company is an MIT spinoff, participated in several DARPA programs and is backed by Kleiner Perkins with participation from New Science Ventures, Angular Ventures and Castle Island Ventures.
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We do not have customer count information for DUST Identity yet.
DUST Identity employs approximately 34 people as of 2026, down from 41 in 2023, including 6 sales reps that carry a quota.
DUST Identity generates an estimated $2.9M in annual revenue.
DUST Identity was founded by Ophir Gaathon.
The CEO of DUST Identity is Ophir Gaathon.
DUST Identity raised $12.3M across 2 rounds.
DUST Identity has 34 employees.
DUST Identity is headquartered in Newton, Massachusetts, United States.
DUST Identity operates across multiple industries. Browse revenue, funding, and growth data for DUST Identity in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$2.9M(Est.)
Funding
$12.3M
Team
34
Founded
2007
| Year | Milestone | Source |
|---|---|---|
| 2024 | DUST Identity Hit $2.9m revenue in October 2024 | Estimated |
| 2023 | DUST Identity Hit $1.4m revenue in December 2023 | Estimated |
| 2021 | DUST Identity Hit $1.4m revenue in April 2021 | |
| 2007 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 34 employees (October 2024) | |
| 2023 | Reached 41 employees (December 2023) | |
| 2022 | Reached 48 employees (December 2022) | |
| 2021 | Reached 47 employees (December 2021) | |
| 2021 | Reached 35 employees (April 2021) |
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