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Top 26 IoT Security Solutions Companies With $1M–$5M Revenue (September 2026)

As of September 2026, Latka tracks 26 IoT security solutions companies with $1M–$5M in annual revenue. They have combined revenues of $63.6M and employ 527 people. They have raised $103.9M and serve 1K 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
26
Revenue
$63.6M
Funding
$103.9M
Employees
527

Filters

Sorting: Highest -> Lowest

Filters
Revenue
All<$1M$1M-$5M$5M-$10M$10M-$100M$100M+
Funding (Locked)Growth (Locked)Team-Size (Locked)

Top IoT Security Solutions Companies With $1M–$5M Revenue

Showing 10 of 26 companies ranked by annual revenue.

1Northern.tech logo
Northern.tech

United States

Northern.tech is the leader in device lifecycle management with a mission to secure the world's connected devices. Established in 2008, Northern.tech showcases a long history of enterprise technology management before IIoT and IoT became buzzwords. Northern.tech is the company behind CFEngine, the pioneer in server configuration management, to automate large-scale IT operations and compliance. In 2015, Northern.tech released the first version of Mender.io, the market leader in over-the-air (OTA) software update management. Mender offers robust, secure, and customizable OTA software updates for smart devices. Powering OTA software updates for more than a million devices worldwide over nearly a decade, Mender boasts a proven track record with Fortune 1000 clients, including Panasonic, Lyft, Volkswagen, Siemens, Thales, and ZF Group. Learn more about device lifecycle management for devices.

Revenue
$4.4M
Year founded
2008
Team size
40
2Thingsup logo
Thingsup

Chinchwad, Maharashtra, India

Thingsup is an Enterprise Grade, Highly Scalable, Fault-Tolerant, and Secure IoT Platform to connect your Devices and Apps seamlessly.

Revenue
$4.4M
Year founded
2016
Team size
40
3Actuate logo
Actuate

New York, New York, United States

Actuate employs artificial intelligence to turn any security camera into a smart camera that automatically identifies threats like intruders, firearms crowds, and more in real-time.

Revenue
$4.3M
Year founded
2018
Team size
39
4CANDY HOUSE, Inc. logo
CANDY HOUSE, Inc.

Palo Alto, California, United States

Manufacturer of robotic home appliances designed to be used as a remote door lock. The company's robotic home appliances offer a robotic device which can be operated through a mobile application, enabling users to use such a security system which has remote knock, auto unlock and lock system, a feature of sharing access, long battery life, notification system and it is military grade encrypted.

Revenue
$3M
Year founded
2015
Team size
11
5Intelli Smart Homes logo
Intelli Smart Homes

New Orleans, Louisiana, United States

Smart home technology reseller, offering a range of products including security devices, home automation, energy monitoring and more

Revenue
$3M
Year founded
2018
Team size
2
6Palitronica Inc logo
Palitronica Inc

Kitchener, Canada

Detect cyber attacks on critical physical infrastructure

Revenue
$3M
Year founded
2019
Team size
20
7Cloudastructure, Inc logo
Cloudastructure, Inc

San Mateo, California, United States

Cloudastructure provides cloud based infrastructure for building automation - providing VSaaS, ACaaS, and Custom IoT integration solutions

Revenue
$3M
Year founded
2013
Funding
$56.5M
Team size
33
8Cynamics logo
Cynamics

Boston, Massachusetts, United States

Developer of software intended for Smart City, Public Safety and Critical Infrastructure networks. The company offers a scalable, cost-effective network visibility solution, enabling IT and security teams to optimize performance issues and detect threats on smart networks as they emerge and prevent attacks before they occur.

Revenue
$3M
Year founded
2018
Team size
25
9Viakoo, Inc. logo
Viakoo, Inc.

Mountain View, California, United States

Vulnerability management for unmanaged & IoT Devices; firmware patching, certificate management, password enforcement, and service assurance

Revenue
$2.9M
Year founded
2013
Funding
$11.9M
Team size
22
10Compleye.io logo
Compleye.io

Amsterdam, North Holland, Netherlands

Compleye offers an online tool & customized support for security and privacy challenges for smart technology B2B companies.

Revenue
$2.7M
Year founded
2019
Funding
$58.2K
Team size
7

Frequently asked questions about IoT Security Solutions Companies With $1M–$5M Revenue

How many IoT security solutions companies with $1M–$5M in annual revenue are there?

Latka tracks 26 IoT security solutions companies with $1M–$5M in annual revenue. Together they generate $63.6M in annual revenue and employ 527 people.

Which IoT security solutions company with $1M–$5M in annual revenue is the largest?

Northern.tech is the largest, with $4.4M in annual revenue, founded in 2008.

How much revenue does a typical IoT security solutions company with $1M–$5M in annual revenue make?

The average IoT security solutions company in this list makes $2.4M a year, across 26 companies with reported revenue. They serve 1K customers combined.

Who are the leading IoT Security solutions vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Northern.tech, Thingsup, Actuate, CANDY HOUSE, Inc. and Intelli Smart Homes.

How much funding have IoT security solutions companies with $1M–$5M in annual revenue raised?

The 26 IoT security solutions companies with $1M–$5M in annual revenue tracked here have raised $103.9M in disclosed funding between them.

Related Security Software categories

All Security Software SaaS categoriesEvery category we track inside Security Software, each ranked by revenue.Browse every SaaS industryThe full A-Z of SaaS categories Latka tracks, from IoT Security to everything else.

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