ShieldIOT revenue hit $1.3M in 2024

ShieldIOT generates revenue from customers

ShieldIOT

Kfar Saba, Israel

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How ShieldIOT hit $1.3M revenue with a 17 person team in 2023.

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.

Founded

2017

Founded

Revenue

$1.3M

2023 Revenue

YOY

22.6%

YOY

Funding

$11M

Funding

ShieldIOT Revenue

In 2023, ShieldIOT revenue run rate hit $1.3M in revenue.

  • 2023

    ShieldIOT hit $1.3M in revenue in 2023

  • 2021

    ShieldIOT hit $901.1K in revenue in 2021

  • 2017

    ShieldIOT launched in 2017 with $0 revenue

ShieldIOT Funding History

  • 2021 Series A

    ShieldIOT raised a Series A of in November, 2021

  • 2019 Seed Round

    ShieldIOT raised a Seed Round of in September, 2019

FUNDING DATE ROUND AMOUNT VALUATION
November, 19 2021 Series A
September, 23 2019 Seed Round

Team

ShieldIOT has 17 total employees.

DISTRIBUTION QTY
Total team size 17

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

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Customers

Churn

ShieldIOT Executives

Name Position Working Email Personal Email
Udi Solomon CEO [email protected] -

ShieldIOT Employees

Name Position Working Email Personal Email
Udi Solomon CEO [email protected] -

Frequently Asked Questions about ShieldIOT

  • When was ShieldIOT founded?

    ShieldIOT was founded in 2017.

  • How much revenue does ShieldIOT generate?

    ShieldIOT generates $1.3M in revenue.

  • 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 at Kfar Saba, Israel

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