Cryptomathic is a software company specializing in the area of cryptography for e-commerce security systems. The company develops secure software solutions for the financial and governmental industries. It focuses especially on developing back-end solutions using hardware security modules.Cryptomathic has its headquarters in Aarhus, Denmark. The company was founded in 1986 by three professors from University of Aarhus, among them Peter Landrock and Ivan Damgård.