Latka logo

Top 2 IoT Security Solutions Companies $100M+ Revenue (November 2026)

As of November 2026, Latka tracks 2 IoT security solutions companies with $100M+ in annual revenue. They have combined revenues of $279.4M and employ 771 people. They have raised $329.5M.

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
2
Revenue
$279.4M
Funding
$329.5M
Employees
771

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 $100M+ Revenue

Showing 2 of 2 companies ranked by annual revenue.

1Dragos, Inc. logo
Dragos, Inc.

Hanover, Maryland, United States

Dragos has a global mission to safeguard civilization from those trying to disrupt the industrial infrastructure we depend on every day. The Dragos Platform offers the most effective industrial cybersecurity technology, giving customers visibility into their ICS/OT assets, vulnerabilities, threats, and response actions. The strength behind the Dragos Platform comes from our ability to codify Dragos's industry-leading OT threat intelligence, and insights from the Dragos services team, into the software. Our community-focused approach gives you access to the largest array of industrial organizations participating in collective defense, with the broadest visibility available.  ​ Our solutions protect organizations across a range of industries, including electric, oil & gas, manufacturing, building automation systems, chemical, government, water, food & beverage, mining, transportation, and pharmaceutical. Dragos is privately held and headquartered in the Washington, DC area with regional presence around the world, including Canada, Australia, New Zealand, Europe, and the Middle East.  ​

Revenue
$154.4M
Year founded
2016
Funding
$321M
Team size
566
2CUJO AI logo
CUJO AI

Walnut, California, United States

AI-powered network security and privacy

Revenue
$125M
Year founded
2015
Funding
$8.5M
Team size
205

Frequently asked questions about IoT Security Solutions Companies $100M+ Revenue

How many IoT security solutions companies with $100M+ in annual revenue are there?

Latka tracks 2 IoT security solutions companies with $100M+ in annual revenue. Together they generate $279.4M in annual revenue and employ 771 people.

Which IoT security solutions company with $100M+ in annual revenue is the largest?

Dragos, Inc. is the largest, with $154.4M in annual revenue, founded in 2016.

How much revenue does a typical IoT security solutions company with $100M+ in annual revenue make?

The average IoT security solutions company in this list makes $139.7M a year, across 2 companies with reported revenue.

Who are the leading IoT Security solutions vendors with $100M+ in annual revenue?

Ranked by annual revenue, the leaders are Dragos, Inc. and CUJO AI.

How much funding have IoT security solutions companies with $100M+ in annual revenue raised?

The 2 IoT security solutions companies with $100M+ in annual revenue tracked here have raised $329.5M 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