- Revenue
- $96.1M
- Customers
- 170
- Year founded
- 2015
- Funding
- $747.4M
- Team size
- 440
Top 12 IoT Security Solutions Companies With $10M–$100M Revenue (September 2026)
As of September 2026, Latka tracks 12 IoT security solutions companies with $10M–$100M in annual revenue. They have combined revenues of $369.9M and employ 2.4K people. They have raised $1B and serve 1.9M 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
- $369.9M
- Funding
- $1B
- Employees
- 2.4K
Filters
Sorting: Highest -> Lowest
Top IoT Security Solutions Companies With $10M–$100M Revenue
Showing 10 of 12 companies ranked by annual revenue.
2
Nozomi Networks
San Francisco, California, United States
Nozomi Networks is the leader in OT & IoT security for critical infrastructure. Their platform uniquely combines network and endpoint visibility.
- Revenue
- $63.5M
- Year founded
- 2013
- Team size
- 369
3
ProArch
Atlanta, Georgia, United States
Provider of cloud business networking and software development services. The company provides IOT security, hololens development, device integration and testing, remote patient monitoring, enterprise asset management, IOT Prototyping, Cloud development, cyber security and blockchain software development services to enterprises and businesses.
- Revenue
- $42.4M
- Customers
- 200
- Year founded
- 2006
- Team size
- 444
4
Rhombus Systems
Sacramento, California, United States
Produces next generation cloud and AI based security solutions including security cameras, access control and environmental sensor devices.
- Revenue
- $38.7M
- Year founded
- 2016
- Funding
- $112.5M
- Team size
- 220
5
RapidSOS
New York, United States
RapidSOS is an intelligent safety company that harnesses artificial and human intelligence to fuse life-saving data from 540M+ connected devices, apps, and sensors from 200+ global technology companies to over 21,000 public safety agencies in six countries. Whether there’s an unsafe moment or an emergency, RapidSOS Ready devices, vehicles, homes, or buildings deliver essential data to the right place when it matters most. Learn more at www.RapidSOS.com.
- Revenue
- $29.3M
- Year founded
- 2009
- Team size
- 266
6
Hive Home
London, England, United Kingdom
Provider of cloud-based Smart Home Services. The company provides a service that enables people to protect, monitor and control their homes from their mobile phones and the Web in the United Kingdom.
- Revenue
- $18.8M
- Customers
- 1.9M
- Year founded
- 2006
- Team size
- 114
7
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
8
WISeKey
Geneva, Geneve, Switzerland
WISeKey is a cybersecurity company. The company provides security and digital identification technologies for personal data protection, identification and authentication of people and objects over physical infrastructures, mobile networks and internet. It provides secure authentication and identification in both physical and virtual environments for the Internet of Things, Blockchain and Artificial Intelligence platform. It was founded in 1999 and is headquartered in Geneva, Switzerland.
- Revenue
- $16.6M
- Year founded
- 1999
- Funding
- $118.5M
- Team size
- 94
9
LockState
Denver, Colorado, United States
Provider of connected access control systems for commercial and residential markets designed to control access to any door. The company's systems offers Wifi enabled remote lock to manage doors remotely by using codes and also know when doors are unlocked, enabling home and business owners can centrally and remotely manage property access from anywhere.
- Revenue
- $15M
- Year founded
- 2004
- Funding
- $25.3M
- Team size
- 76
10
EvGateway
Irvine, California, United States
Electric-Vehicle Network Management Software EvGateway is focused on helping reduce global CO2 emissions by accelerating the adoption and use of Electric Vehicles in cities around the world. EvGateway takes various approaches to provide EV electronic solutions. - Mobile Application for EV drivers - Remote Management and Troubleshooting of EV Charging stations - Enhanced Information Security 1. Mobile application is designed for EV drivers. With our app, drivers can: locate a charger, reserve it, get directions, price information, pay for a charging session, find nearest amenities, as well as receive fully charged and disconnected alarms. evGateway app makes it easy to track your usage and top-up your account with a credit card. 2. Charger management is designed for equipment owners and manufacturers. evGateway is available as a white labeled network for EV charging station manufacturers. It contains essential features like: price setting, alerts, remote diagnostics, customized reports and much more. The network is OCPP 1.6 and open ADR 2.0b compliant network . 3. EvGateway team comes with extensive cyber security background and ensures that it maintains secure network in the market. With features like PCI compliance, database, information, web application and data at rest security. For further information please visit: http://evgateway.com/contact.php
- Revenue
- $11.1M
- Year founded
- 2017
- Team size
- 101
Frequently asked questions about IoT Security Solutions Companies With $10M–$100M Revenue
How many IoT security solutions companies with $10M–$100M in annual revenue are there?
Latka tracks 12 IoT security solutions companies with $10M–$100M in annual revenue. Together they generate $369.9M in annual revenue and employ 2.4K people.
Which IoT security solutions company with $10M–$100M in annual revenue is the largest?
Plume Design is the largest, with $96.1M in annual revenue, founded in 2015.
How much revenue does a typical IoT security solutions company with $10M–$100M in annual revenue make?
The average IoT security solutions company in this list makes $30.8M a year, across 12 companies with reported revenue. They serve 1.9M customers combined.
Who are the leading IoT Security solutions vendors with $10M–$100M in annual revenue?
Ranked by annual revenue, the leaders are Plume Design, Nozomi Networks, ProArch, Rhombus Systems and RapidSOS.
How much funding have IoT security solutions companies with $10M–$100M in annual revenue raised?
The 12 IoT security solutions companies with $10M–$100M in annual revenue tracked here have raised $1B 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