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Founded
1969-01-01 in Minnesota, USA
Headquarters
Shakopee, Minnesota, USA

Entrust Corporation is an American digital security company that delivers identity-centric solutions for protecting people, devices, and data. The company’s roots extend to 1969 with the founding of Datacard Corporation, a pioneer in plastic card personalization systems. In 2013, Datacard acquired Entrust Inc., a public key infrastructure (PKI) specialist spun off from Nortel in 1994, and the combined entity rebranded as Entrust in 2020. Today, Entrust develops hardware and software for card and ID issuance, identity verification, authentication, certificate lifecycle management, hardware security modules (HSMs), and post-quantum cryptography. The company serves financial institutions, governments, and enterprises globally, processing billions of secure transactions annually. Its portfolio includes the widely deployed Entrust Identity Enterprise IAM platform, nCipher HSMs, Onfido’s AI-powered identity verification, and the Entrust Cryptographic Security Platform. In January 2025, Entrust sold its publicly trusted certificate authority business to Sectigo. Headquartered in Shakopee, Minnesota, Entrust employs approximately 3,000 people. In July 2025, the company announced that Tony Ball would succeed Todd Wilkinson as CEO, effective March 31, 2026, marking a new chapter of leadership focused on expanding the company’s identity and security footprint.

Detailed Review

History

Entrust Corporation traces its roots to 1969 when Willis K. Drake founded Datacard Corporation in Minnesota, pioneering plastic card personalization. In 1994, Entrust Inc. was spun off from Nortel in Ottawa, Canada, specializing in public key infrastructure. The modern entity emerged after Datacard acquired Entrust Inc. in 2013 and rebranded as Entrust in 2020. The company is privately held, owned by the Quandt family’s investment office since Datacard's 1987 acquisition.

Business Model & Products

Entrust offers an end-to-end ecosystem spanning physical and digital identity. Its core domains include Secure Issuance (card personalization, passport systems, mobile ID), Identity & Access Management (multi-factor authentication, PKI, single sign-on), and Cryptographic Security (HSMs, key management, certificate lifecycle management). Key products include the Entrust Identity Enterprise IAM platform, nCipher HSMs, Onfido AI-powered identity verification, and the Entrust Cryptographic Security Platform with post-quantum readiness. The company processes billions of secure transactions annually and reported revenues of $916.7 million for fiscal 2024.

Market Position & Competitors

Entrust serves financial institutions, governments, and enterprises globally. Competitors include Thales, HID Global, VeriSign, and Okta. Entrust differentiates through its combined physical issuance and digital security reach. The company invests heavily in R&D, particularly in post-quantum cryptography and AI-driven fraud detection. Its 2026 Identity Fraud Report documented a 58% surge in identity fraud attacks, underscoring market need.

Recent Developments

In January 2025, Entrust sold its publicly trusted certificate authority business to Sectigo, streamlining focus on core security. In July 2025, the company announced Tony Ball would succeed Todd Wilkinson as CEO effective March 31, 2026. Notable acquisitions include nCipher Security (2019), HyTrust (2021), WorldReach (2021), and Onfido (2024). Headquartered in Shakopee, Minnesota, Entrust employs approximately 3,000 people.

Key Products

  • Entrust Identity Enterprise

    On-premises IAM solution for strong authentication, single sign-on, and PKI.

  • Entrust Cryptographic Security Platform

    Centralized management of cryptographic keys, certificates, and secrets with post-quantum readiness.

  • nCipher Security HSMs

    Hardware security modules for cryptographic key protection, payment, and cloud security.

  • Entrust Card Personalization Systems

    Hardware and software for instant issuance of payment cards, IDs, and passports.

  • Entrust Digital Signature Solutions

    Digital and electronic signature tools for documents, email, and code signing.

  • Onfido Identity Verification

    AI-powered document and biometric verification for remote onboarding.

  • Entrust Certificate Lifecycle Manager

    Automation of SSL/TLS, code signing, and document signing certificate management.

  • Entrust Identity Fraud Intelligence

    Analytics and reporting on identity fraud trends and tactics.

Offices & Headcount

3000 employees (approx.)

Key Persons

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