MarkMonitor Inc. is an American software company founded in 1999. It develops software intended to protect corporate brands from Internet counterfeiting, fraud, piracy, and cybersquatting. It also develops and publishes reports on the prevalence of brand abuse on the Internet. MarkMonitor acquired AllDomains in 2001 and DtecNet in 2010. MarkMonitor was then purchased by Thomson Reuters in 2012. In 2016, the IP division of Reuters, including MarkMonitor was sold to two venture capital companies, under the new parent company Clarivate Analytics.
MarkMonitor was founded in 1999 in Boise, Idaho and its initial business as a service provider for the protection of corporate trademarks on the Internet. In 2000, MarkMonitor gained ICANN accreditation status for domain registration and acquired a domain management business called AllDomains the following year. In October 2010, MarkMonitor acquired an anti-piracy company (DtecNet) and was itself purchased by Thomson Reuters' Intellectual Property & Science business in July 2012.
According to the MarkMonitor web site, it has been publishing a report called the Brandjacking Index since 2007, to assess how Internet threats affect corresponding brands. The company's annual report says that cybersquatting increased 18 percent in 2008 and "phishing attacks" rose 36 percent in the first quarter of 2009. In 2010 the company estimated that $200 billion in revenues is lost annually as a result of worldwide counterfeiting and piracy on the Internet. The 2011 report said the company had identified 23,000 listings "for clones, suspected counterfeits, or gray market" versions of tablet computers by 8,000 sellers. A 2011 opinion piece in Techdirt criticized the research methodology of MarkMonitor's report.
Half of MarkMonitor's employees are based at its San Francisco facility where its "brand protection solutions" division is located.Domain development, administration and customer service personnel are located in Boise, Idaho, and their anti-fraud and security center is based in Washington DC. (subscription required) The company's chief marketing officer is Chrissie Jamieson.
Products and Services
According to MarkMonitor, it develops and markets brand protection software and services to combat counterfeiting, piracy, cybersquatting and paid search scams in four categories; domain management, antifraud software, brand protection and antipiracy. The Idaho Statesman reported that "MarkMonitor safeguards more than half of the Fortune 100 brands". MarkMonitor provides services to Facebook, Google, Apple, Microsoft, Tencent and Badoo, among others.
- New York-based Thomson Reuters to buy MarkMonitor, founded by Boise residents - http://www.idahostatesman.com/2012/07/26/2203287/new-york-based-thomson-reuters.html