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Top 18 IoT Connectivity Management Software Companies With $10M–$100M Revenue (August 2026)

As of August 2026, Latka tracks 18 IoT connectivity management software companies with $10M–$100M in annual revenue. They have combined revenues of $416.8M and employ 2.3K people. They have raised $434.5M and serve 13.9M customers combined.

Every company below sells IoT connectivity management software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What IoT Connectivity Management Software Companies do

IoT Connectivity Management Software refers to platforms that facilitate the monitoring and management of connectivity for a multitude of Internet of Things (IoT) devices. These systems enable organizations to orchestrate device connections, track data usage, and optimize performance across varied network infrastructures. With the growing adoption of IoT applications, businesses leverage these solutions for real-time management of device activations and SIM provisioning, ensuring streamlined operations and communication. The primary use cases for these platforms include device lifecycle management, data traffic monitoring, and security enforcement across connected devices. Typical features include centralized dashboards for status monitoring, analytics for usage patterns, and alerts for connectivity issues. Common buyers of IoT Connectivity Management Software encompass IT managers, operations leads, and supply chain coordinators, all of whom require robust tools to keep their IoT ecosystems functional and efficient.

Companies
18
Revenue
$416.8M
Funding
$434.5M
Employees
2.3K

Filters

Sorting: Highest -> Lowest

Filters

Top IoT Connectivity Management Software Companies With $10M–$100M Revenue

Showing 10 of 18 companies ranked by annual revenue.

1Covalense Digital logo
Covalense Digital

Bengaluru, Karnataka, India

Covalense Digital, a leading Enterprise Software company, specializes in enabling Communications Service Providers (CSPs) to go digital and beyond connectivity. Covalense Digital innovated a revolutionary platform Csmart Synapse, a SaaS BSS Platform to help develop advanced digital ecosystems for collaboration and innovative solution delivery. It enables Communications operators to swiftly adapt to market shifts, offering a unique fusion of flexibility and functionality across segments including MNO, MVNO, MVNE, 5G, IoT, and more. Csmart features end-to-end concept2cash2care workflows that adhere to TM Forum ODA and open APIs, leverage microservices, and integrate low-code/no-code. It is a digital fabric built using multiple digital products embedded with gen AI models. This approach allows operators to customize offerings, accelerate service launches, create new revenue streams, enhance customer experiences, and optimize operations.

Revenue
$56.9M
Team size
517
2ESpace Networks logo
ESpace Networks

Miami, Florida, United States

ESpace Networks, Inc., doing business as Neuron, provides platform-as-a-service, offering cloud-based digital network tools with data-driven capabilities. It is a connectivity management platform that uses real-time data and AI to provide services in the travel and transportation industries.

Revenue
$41.9M
Year founded
2019
Team size
187
3Wirepas logo
Wirepas

Tampere, Pirkanmaa, Finland

Wirepas is an international technology company focused on enterprise IoT, providing wireless connectivity solutions using a unique multi-hop mesh network approach.

Revenue
$34.3M
Year founded
2010
Team size
89
4OptConnect logo
OptConnect

Kaysville, Utah, United States

Provider of fully managed wireless solutions for ultra-reliable connectivity, connecting unattended equipment to the internet via cellular

Revenue
$27.6M
Year founded
2009
Team size
88
5WiSilica logo
WiSilica

Lake Forest, California, United States

Provider of an Internet of Things (IoT) platform designed to connect objects, locations and people. The company's Internet of Things (IoT) platform helps devices to connect to the IoT by using Bluetooth Low Energy (BLE) protocols which helps to connect objects, location and people to create smart environments that have predictive intelligence, enabling customers to connect energy, public infrastructure and healthcare systems with intelligent devices managed by mobile applications and the cloud.

Revenue
$25.9M
Year founded
2013
Funding
$3.4M
Team size
79
6Globalgig logo
Globalgig

San Antonio, Texas, United States

Network platform provider and mobile virtual network operator delivering hyperconnectivity to enterprises and mobile employees worldwide

Revenue
$25.8M
Year founded
2016
Team size
94
7Moj logo
Moj

Vancouver, British Columbia, Canada

connected car solutions to automakers, mobile network operators, and insurance companies

Revenue
$25M
Customers
850K
Year founded
2012
Team size
62
8Location World logo
Location World

Quito, Pichincha, Ecuador

Fleet management and connected car solutions provider in Latin America

Revenue
$24.1M
Customers
13M
Year founded
2008
Team size
171
9Nova Labs (The Helium Network) logo
Nova Labs (The Helium Network)

San Francisco, California, United States

Nova Labs is a pioneer of decentralized wireless communications and founder of the core technologies powering the Helium Network. The company is committed to developing critical network services technology designed to provide long-range connectivity.

Revenue
$23.5M
Year founded
2013
Funding
$374.9M
Team size
128
10OpenVPN Inc. logo
OpenVPN Inc.

Pleasanton, California, United States

OpenVPN® solutions help organizations to easily create secure, virtualized, reliable networks that ensure secure communications between on-premise applications, SaaS applications, a remote workforce, business partners, IoT/IIoT devices, and specialized global applications. We offer two secure networking solutions for small, medium, and enterprise businesses. CloudConnexa™, our managed solution, provides secure communication between an organization's distributed workforce, loT/lloT devices, and the online services they rely on daily with a secure virtualized network. Access Server, our self-hosted solution, simplifies the rapid deployment of a secure remote access solution with a web-based graphic user interface and built-in OpenVPN Connect Client installer. Both allow you to secure your business at scale and provide a seamless experience for your team — no matter the size. OpenVPN is recognized as a market-proven leader in virtual private networking by Fortune 500 companies and small businesses alike across the globe. With more than 60 million downloads of the core open source software and over 20,000 commercial customers, OpenVPN is changing the way the world thinks about online security.

Revenue
$17.8M
Year founded
2002
Team size
162

Frequently asked questions about IoT Connectivity Management Software Companies With $10M–$100M Revenue

How many IoT connectivity management software companies with $10M–$100M in annual revenue are there?

Latka tracks 18 IoT connectivity management software companies with $10M–$100M in annual revenue. Together they generate $416.8M in annual revenue and employ 2.3K people.

Which IoT connectivity management software company with $10M–$100M in annual revenue is the largest?

Covalense Digital is the largest, with $56.9M in annual revenue.

How much revenue does a typical IoT connectivity management software company with $10M–$100M in annual revenue make?

The average IoT connectivity management software company in this list makes $23.2M a year, across 18 companies with reported revenue. They serve 13.9M customers combined.

Who are the leading IoT Connectivity Management software vendors with $10M–$100M in annual revenue?

Ranked by annual revenue, the leaders are Covalense Digital, ESpace Networks, Wirepas, OptConnect and WiSilica.

How much funding have IoT connectivity management software companies with $10M–$100M in annual revenue raised?

The 18 IoT connectivity management software companies with $10M–$100M in annual revenue tracked here have raised $434.5M in disclosed funding between them.

Related IoT Management Platforms categories

Inclusion Criteria

- The product must facilitate real-time monitoring and management of IoT device connections. - It should allow for SIM provisioning and data plan management specific to IoT applications. - The solution must provide analytics and reporting capabilities for data usage and performance. - Must support multiple network types, including cellular, LPWAN, and Wi-Fi. - The product should include security features to safeguard data transmission. - Not limited to simple connectivity; must also optimize device performance and lifecycle management.