2024 Revenue
$2.5M(Est.)
Funding
$11M
Team
17
Founded
2017
ShieldIOT Revenue & Funding (2024)
ShieldIOT generated an estimated $2.5M in annual revenue in 2024. Source: GetLatka estimate
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 | Source |
|---|---|---|
| 2024 | ShieldIOT Hit $2.5m revenue in October 2024 | Estimated |
| 2023 | ShieldIOT Hit $1.3m revenue in December 2023 | Estimated |
| 2021 | ShieldIOT Hit $901.1k revenue in April 2021 | Not recorded |
| 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 | Source |
|---|---|---|---|---|---|
| 2021 | Series A | $7.4M | - | - | Not recorded |
| 2019 | Seed | $3.6M | - | - | Not recorded |
Founder / CEO
Udi Solomon
CEO
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.
ShieldIOT Employees & Team Size
ShieldIOT employs approximately 17 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 17 employees (October 2024) | Not recorded |
| 2023 | Reached 17 employees (December 2023) | Not recorded |
| 2022 | Reached 18 employees (December 2022) | Not recorded |
| 2021 | Reached 14 employees (December 2021) | Not recorded |
| 2021 | Reached 12 employees (November 2021) | Not recorded |
| 2021 | Reached 12 employees (April 2021) | Not recorded |
Frequently Asked Questions about ShieldIOT
What is ShieldIOT's revenue?
As of 2024, ShieldIOT generated an estimated $2.5M in annual revenue.
Who founded ShieldIOT?
ShieldIOT was founded by Udi Solomon.
When was ShieldIOT founded?
ShieldIOT was founded in 2017.
Who is the CEO of ShieldIOT?
The CEO of ShieldIOT is Udi Solomon.
How much funding does ShieldIOT have?
ShieldIOT raised $11M across 2 rounds.
How many employees does ShieldIOT have?
As of 2024, ShieldIOT had 17 employees.
Where is ShieldIOT headquartered?
ShieldIOT is headquartered in Kfar Saba, Israel.
Compare ShieldIOT to the industry
ShieldIOT operates across multiple industries. Browse revenue, funding, and growth data for ShieldIOT in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
MySchool Limited
MySchool is a software ecosystem that helps independent K12 schools manage their data, streamline...
RawData
B2B SaaS powered by AI that makes crop predictions (best harvesting time, plant diseases...)...
Rainbird Technologies
Developer of a cloud-based artificial intelligence platform intended to automate decision making...
720 Degrees
Provider of a cloud based analytics platform designed to offer indoor environmental quality...
Nova Leah
Developer of a medical device security software designed to provide cyber security solutions across...
beWanted
Operator of an employment platform designed to complete the training of Spanish university students...
