2024 Revenue
$2.5M
Funding
$11M
YOY
90.3%
Team
17
Founded
2017
How ShieldIOT CEO Udi Solomon grew ShieldIOT to $2.5M revenue with a 17 person team in 2024.
Developer of a security management software designed to protect edge devices from security threats and operational risks. The company's software includes multiple layers of device-level security responsible for ongoing automatic protection, with a centralized security management application to be used by the IoT network operator to easily manage the fleet/device security and offer value-added services, enabling device manufacturers and IoT network operators to automatically secure existing and new devices with no need for any development resources or security expertise.
Last updated
ShieldIOT Revenue
In 2024, ShieldIOT's revenue reached $2.5M. The company previously reported $1.3M in 2023. Since its launch in 2017, ShieldIOT has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | ShieldIOT Hit $2.5m revenue in October 2024 |
| 2023 | ShieldIOT Hit $1.3m revenue in December 2023 |
| 2021 | ShieldIOT Hit $901.1k revenue in April 2021 |
| 2017 | Launched with $0 revenue |
ShieldIOT Valuation, Funding Rounds
ShieldIOT has not publicly disclosed its valuation. The company has raised $11M in total funding to date.
ShieldIOT has raised $11M in total funding across 2 rounds, most recently a $7.4M Series A round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Series A | $7.4M | - | - |
| 2019 | Seed Round | $3.6M | - | - |
ShieldIOT Employees & Team Size
ShieldIOT employs approximately 17 people as of 2026.
ShieldIOT has 17 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 17 employees (October 2024) |
| 2023 | Reached 17 employees (December 2023) |
| 2022 | Reached 18 employees (December 2022) |
| 2021 | Reached 14 employees (December 2021) |
| 2021 | Reached 12 employees (November 2021) |
| 2021 | Reached 12 employees (April 2021) |
Founder / CEO
Udi Solomon
Udi Solomon has over 20 years of industry experience and a proven track record in leading successful security products. During his career, Udi has served as Vice President of Products at ThetaRay and held pivotal roles at Checkpoint, ScanDisk, Alvarion and AGT/3i-MIND. Udi Solomon holds an MBA from the Technion University and a BSc in ComputerScience & Electrical Engineering from Tel Aviv University.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for ShieldIOT yet.
Frequently Asked Questions about ShieldIOT
What is ShieldIOT's revenue?
ShieldIOT generates $2.5M in revenue.
Who founded ShieldIOT?
ShieldIOT was founded by Udi Solomon.
Who is the CEO of ShieldIOT?
The CEO of ShieldIOT is Udi Solomon.
How much funding does ShieldIOT have?
ShieldIOT raised $11M.
How many employees does ShieldIOT have?
ShieldIOT has 17 employees.
Where is ShieldIOT headquarters?
ShieldIOT is headquartered in Kfar Saba, Israel.
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Compare ShieldIOT to the industry
ShieldIOT operates across multiple industries. Browse revenue, funding, and growth data for ShieldIOT in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .