Top 30 IoT Development Tools Companies With $1M–$5M Revenue (August 2026)

Mattapoisett, Massachusetts, United States

BioT is the infrastructure for medical device clouds - the secure, simple, and smart foundation for delivering next-generation care. With native, medical-grade security and compliance, BioT ensures medical data stays safe and private from day one. Its flexible developer studio makes adding new services and capabilities quick and easy. And connecting your cloud to EHRs, 3rd party algorithms, or any external system comes naturally. With BioT, you have the infrastructure needed to build your cloud right and provide more impactful care from the start.

Detroit, Michigan, United States

Firm offering services in cloud computing, wearables, IoT, mobile application development and analytics in big data using prototype-driven agile methodologies

Palo Alto, California, United States

Spike is a B2B data technology and artificial intelligence startup that provides an aggregated API for all fitness and health data from wearables and IoT devices designed for digital health app developers.

Pisa, Italy

Zerynth provides a hardware-software-cloud platform for the efficient, scalable and secure development of IoT products and solutions

Lillestrøm, Norway

Developer and provider of solutions intended to meet the technological needs of enterprises. The company provides custom machine to machine and IoT solutions in the form of hardware, software and embedded systems, enabling businesses and government organizations to make technological upgradations and keep up with the changing business landscape.

New York, New York, United States

Blynk IoT platform offers a full suite of software allowing to prototype, deploy, and remotely manage connected electronic devices at any scale: from small IoT projects to millions of commercial connected products. Blynk has pioneered the no-code approach to IoT app building and gained global recognition for its best-in-class mobile app editor. Over 1,000,000 developers and business clients in 136 countries use Blynk spanning industries from Smart Home and Agriculture to HVAC and Asset Tracking. Platform is offered branded or white-labeled. With Blynk, you can connect hardware to the cloud and use pre-made app modules to build iOS, Android, and web applications ready for the end-users, all without hiring a design or engineering team. Blynk offering includes secure private cloud infrastructure, sensor data visualization, device management, environmental monitoring, remote control of equipment, firmware over-the-air updates, digital twinning, rule and notification controls, multi-tenancy (user management) with role and permission settings, aggregated data analytics, machine learning and more. Blynk Edgent (set of libraries) supports over 400 hardware models.

San Mateo, California, United States

Provider of a cloud-based service platform designed to serve Internet of Things (IoT) companies. The company's service platform connects web and mobile applications with hardware devices in real time, enabling mobile clients and application servers to access a back-end infrastructure for the development of IoT products.

San Jose, California, United States

Sixfab provides products and services for IoT projects to help industrial companies to digitalize their measurable data.

Medellín, Antioquia, Colombia

Launch your business' digital initiatives with Ubidots' IIoT software for cloud-based data acquisition, analysis, and visualization. System Integrators, end users, and OEMs from around the world use Ubidots to effortlessly turn data into action and improve KPIs and services. Developing an IoT application that works and looks nice can take thousands of engineering hours. Save development costs and headaches with Ubidots' pre-built analytics and visualization tools to power your products and data-driven services. Ubidots engineering stack delivers a secure, white-glove experience with device friendly APIs to simply and securely connect hardware and digital inputs so that data can be analyzed and transformed into business-improving solutions. With Ubidots, connect devices efficiently, manage data, and visualize any aspect of your operation with ease.

Cambridge, England, United Kingdom

Foundries.io delivers a Linux-based software platform to reinvent IoT. We enable OEMs and companies to develop, deploy and maintain IoT and Edge products with FoundriesFactory, for lifetime customer success. We have built a secure, open source platform for the world's connected devices, and a cloud service to configure this to any hardware and any cloud. We are leading the industry in providing a complete solution for the IoT and Edge product lifecycle from software development, CI and testing, to device and fleet provisioning, deployment and management and lifetime OTA platform updates. We offer a simple per project subscription model with no per unit royalties or transaction fees.