As of November 2026, Latka tracks 21 IoT security solutions companies under $1M in annual revenue. They have combined revenues of $8.7M and employ 142 people. They have raised $18.9M and serve 20K 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.
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.
Sorting: Highest -> Lowest
Showing 10 of 21 companies ranked by annual revenue.
Philadelphia, Pennsylvania, United States
Microshare provides Sensing as a Service enabling our clients to capture data insights that secure building occupants, realize cost saving and sustainability.
Trollåsen, Akershus, Norway
IoT device management and integrated VPN with remote access. Quick time to value for POCs and lifecycle management for large IIoT device deployments. We feature OTA software updates, CVE vulnerability analysis, script distribution and remote execution, full automation and a very advanced remote access solution allowing to map any port from any remote device through firewall and NATs to a local computer. This allows to remotely work or debug devices anywhere in the world.
Prague, Czech Republic
Developer of a smart locking application designed to lock and secure valuables and facilities by using a Web-based key-sharing platform. The company's application combines a smart lock, a cloud-based mobile platform and an electronic sensor that controls magnetic lock of doors, barriers and gates and permits locking on and off of devices via a Web application, creating and sending keys online, setting of individual access schedules, monitoring online access, authenticating personal access and sending instant notification in case of a breach, enabling users to secure their belongings and properties from anywhere, without having to rely on physical lock and key system.
Zagreb, Grad Zagreb, Croatia
Developer of a cloud based home automation system designed to provide home security services. The company's system provides extensive monitoring and alerting services in case of fire, burglary, flood or gas leakage and facilitates complete control over home's security, irrigation, lights, appliances and more, enabling users to control their home from anywhere, automate all devices, see what's going on when they are away and get instant alerts in case of any security or safety issue.
Chicago, Illinois, United States
Developer of a cloud computing platform designed to simplify the orchestration of secure data exchange between things and clouds. The company's platform offers internet of things device authentication, authorization and auto-configuration for full-duplex messaging over a single TCP connection by simply connecting IoT devices to the public internet, enabling users to get a secure connection while surfing through the public internet.
Reston, Virginia, United States
Developer of an IoT cloud-based emergency management software designed to provide easy access to real-time information about personal safety. The company's arcangel platform consists of three applications that seamlessly work together to create a holistic awareness and accountability platform for companies, it ingests and displays customizable real-time data to alert one about risks to operations, enabling organizations to monitor risks and respond to emergencies quickly and effectively from a single interface and account for employees, facilities and assets within seconds during an emergency.
Singapore, Singapore
Developer of an outdoor home security system designed to detect home intruders using video analytics in the cloud. The company's AI home security system raises early intrusion alerts when intruders enter home premises, notifies family members via a smartphone application, deters intruders with unexpected sound effects and helps families to connect with their local authorities through during emergency which does not rely on motion sensor, enabling users to deter burglars with special sound effects which scare intruders away.
Waterloo, Ontario, Canada
Developer of a robotic device designed to detect and track objects of interest for better business intelligence. The company's device incorporate drones, wearable sensors and smart cameras as well as big data and machine learning for situational awareness to track position and condition of things and people and the objects around them using edge computing, enabling security forces to be aware of what's happening around their personnel in the field and take necessary precautions in advance while reducing data usage.
Toronto, Ontario, Canada
Spiridon delivers secure SaaS-based IoT solutions leveraging ML & AI, and bridge between OT and IT.
Latka tracks 21 IoT security solutions companies under $1M in annual revenue. Together they generate $8.7M in annual revenue and employ 142 people.
Microshare.io is the largest, with $916.2K in annual revenue, founded in 2013.
The average IoT security solutions company in this list makes $414.2K a year, across 21 companies with reported revenue. They serve 20K customers combined.
Ranked by annual revenue, the leaders are Microshare.io, qbee AS, Ausweis, Zipato and Xaptum.
The 21 IoT security solutions companies under $1M in annual revenue tracked here have raised $18.9M in disclosed funding between them.
- 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
