Based in Torrance, California, Mykotronx employs approximately 150 people. The company was founded in 1979 as Myko Enterprises; it incorporated and became Mykotronx, Inc. in 1987. In 1995, Mykotronx, Inc. became a subsidiary of Rainbow Technologies Inc., and in 2004, merged with SafeNet, Inc. (NASDAQ: SFNT) and became its subsidary.