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Top 10 IoT Security Solutions Companies With $5M–$10M Revenue (November 2026)

As of November 2026, Latka tracks 12 IoT security solutions companies with $5M–$10M in annual revenue. They have combined revenues of $81M and employ 1.4K people. They have raised $207.1M and serve 211 customers combined.

Every company below sells IoT security solutions 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 Security Solutions Companies do

IoT Security Solutions are designed to protect Internet of Things (IoT) devices and networks from vulnerabilities, unauthorized access, and malicious attacks. This category includes a variety of software products that provide security features such as device identification, threat detection, and real-time monitoring and alerts. Organizations implement these solutions to safeguard critical assets and ensure compliance with security regulations in their increasingly connected environments. Typical use cases for IoT Security Solutions range from securing individual devices to managing complex networks of interconnected devices across various sectors, including manufacturing, healthcare, and smart cities. Common features may include end-to-end encryption, anomaly detection, access controls, and automated threat response capabilities, catering primarily to IT security professionals, network administrators, and operational technology managers who are responsible for maintaining a secure IoT infrastructure.

Companies
12
Revenue
$81M
Funding
$207.1M
Employees
1.4K

Filters

Sorting: Highest -> Lowest

Filters

Top IoT Security Solutions Companies With $5M–$10M Revenue

Showing 10 of 12 companies ranked by annual revenue.

1EMnify logo
EMnify

Berlin, Germany

IoT connectivity and SIM management solutions

Revenue
$9.2M
Year founded
2014
Funding
$79.7M
Team size
181
2Medigate logo
Medigate

New York, New York, United States

Developer of a security and asset management platform designed to deliver secure and connected care. The company's platform fuses the knowledge and understanding of medical workflow, as well as device identity and protocols with the reality of today's cybersecurity threats, enabling hospital networks to safely operate all medical devices on their network, permitting deployment of existing and new devices to patients while ensuring privacy and safety.

Revenue
$9.1M
Year founded
2017
Funding
$50.4M
Team size
742
3Upstream Security logo
Upstream Security

Herzliya, Israel

Developer of a cloud-based cybersecurity platform intended to protect the technologies and applications of connected and autonomous vehicles. The company's cloud-based cybersecurity platform leverages big data and machine learning, utilizing a layer-7 security gateway and analytics engine, enabling the automotive industry to get real-time visibility on security, privacy and fraud alerts.

Revenue
$8M
Year founded
2017
Funding
$77M
Team size
141
4LOCH Technologies logo
LOCH Technologies

Emmeryville, California, United States

Next-generation wireless threat monitoring, providing actionable intelligence across cellular, broad-spectrum IoT and WiFi networks

Revenue
$7.5M
Year founded
2014
Team size
43
5Corellium logo
Corellium

Boynton Beach, Florida, United States

Arm device virtualization for mobile security research, mobile app testing, IoT device modeling, and beyond. Powerful security and testing tools for iOS, Android, and Linux phones and devices.

Revenue
$7.2M
Year founded
2017
Team size
65
6BINARLY logo
BINARLY

Santa Monica, California, United States

Binarly is a global firmware and software supply chain security company specializing in firmware security and supply chain risk management. The company offers an AI-powered platform to protect devices from emerging firmware and hardware threats.

Revenue
$6.8M
Year founded
2021
Team size
47
7SAM Seamless Network logo
SAM Seamless Network

Tel Aviv, Tel Aviv, Israel

SAM is the leading provider of cloud-native security and intelligence services for unmanaged networks and IoTs, covering upwards of 500 million connected devices globally. With its powerful and intuitive AI technology, SAM addresses the challenges of our hyperconnected world, in which an explosion of IoT devices exposes potential attack surfaces for companies and consumers alike. SAM's device-agnostic software provides deep ​network visibility to not only protect against sophisticated cyber-attacks in real-time, but also to prevent the spread of zero-day attacks. SAM's solutions have been designed to study the behavior of a single network of fragmented devices. By using its unique cloud-based device and threat intelligence, SAM identifies every connected device and creates customized protection for all home and SMB users, forming a bulletproof network. SAM's solution is proven to provide telcos with new revenue streams, reduced churn, and minimized support costs through value-added services that strengthen their market positioning and create more value for their customers.

Revenue
$6.5M
Year founded
2016
Team size
59
8IGZY logo
IGZY

Gurugram, Haryana, India

IGZY (The tech solutions arm of Kochar Tech) is one of the most comprehensive enablers of business optimization through technology in India. Leveraging our specialization in the field of Internet of Things (IoT), Artificial Intelligence (AI) and Machine Learning (ML), IGZY offers small and large businesses a state-of-the-art Video Surveillance-as-a-Service (VSaaS) platform in a connected ecosystem with smart devices, business intelligence and analytics solutions for every type of industry i.e. BFSI, Logistics, Warehousing, Manufacturing, Retail, QSR, etc. Our AIoT platform empowers you to monitor and measure deviations in the desired business environment and control all your smart devices through our smartphone app. From Customer Experience Management to Business Efficiency, Health & Hygiene Monitoring to Safety & Security Management, your business will benefit greatly from the bespoke technology solutions provided by IGZY. Leading brands in India i.e. ICICI Bank, Airtel Payments Bank, Vodafone, The Investment Trust of India, Myntra, and many more eminent organizations trust IGZY to keep their businesses safe 24/7. Are you ready to empower, protect and scale your business? Let's explore the possibilities of AIoT and connect to a smarter way of doing business in 2021.

Revenue
$5.8M
Year founded
2017
Team size
53
9Adveez logo
Adveez

Toulouse, France

Headquartered in Toulouse (France) with an office in the USA and sales & support partnerships in the Middle East and Asia, ADVEEZ develops innovative hardware & software solutions for IoT & Safety to: - monitor and manage critical assets at airports, seaports, and in cities & buildings - improve worker and user safety - build the next generation supply chain The ADVEEZ Airport equipment and asset tracking solution is currently being used by major airlines and equipment handlers at airports across Europe and North America. In addition, ADVEEZ deploys IoT solutions for markets such as Smart Cities with tracking of bicycles in bike share programs and other city-wide data capture applications. ADVEEZ provides connected solutions for users and residents safety with innovative watch-based sensors for door proximity and fall detection. "We build advanced and easy solutions for our users every day." Born from our intention to accelerate the digitization of day-to-day business, ADVE

Revenue
$5.4M
Customers
211
Year founded
2011
Team size
39
10Crunchy Tech logo
Crunchy Tech

Orlando, Florida, United States

A technology firm focused on the deployment and support of highly-secure commercial, medical & industrial control systems, global content distribution networks and natural user interface advancements

Revenue
$5.3M
Year founded
2009
Team size
19

Frequently asked questions about IoT Security Solutions Companies With $5M–$10M Revenue

How many IoT security solutions companies with $5M–$10M in annual revenue are there?

Latka tracks 12 IoT security solutions companies with $5M–$10M in annual revenue. Together they generate $81M in annual revenue and employ 1.4K people.

Which IoT security solutions company with $5M–$10M in annual revenue is the largest?

EMnify is the largest, with $9.2M in annual revenue, founded in 2014.

How much revenue does a typical IoT security solutions company with $5M–$10M in annual revenue make?

The average IoT security solutions company in this list makes $6.7M a year, across 12 companies with reported revenue. They serve 211 customers combined.

Who are the leading IoT Security solutions vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are EMnify, Medigate, Upstream Security, LOCH Technologies and Corellium.

How much funding have IoT security solutions companies with $5M–$10M in annual revenue raised?

The 12 IoT security solutions companies with $5M–$10M in annual revenue tracked here have raised $207.1M in disclosed funding between them.

Related Security Software categories

Inclusion Criteria

- Must provide protection for a wide range of IoT devices and networks - Must include capabilities for real-time threat detection and response - Should offer features for maintaining device identity and access management - Must support compliance with industry security standards and regulations - Solutions that only monitor traffic without active threat mitigation are excluded - Should facilitate automated updates and management of security protocols - Must enable visibility into device behavior and vulnerability assessment