2024 Revenue
$2.5M(Est.)
Funding
$11M
Team
17
Founded
2017
ShieldIOT Revenue & Funding (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 | 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 | |
| 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 | - | - | |
| 2019 | Seed Round | $3.6M | - | - |
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.
Q&A
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Customers
We do not have customer count information for ShieldIOT yet.
ShieldIOT Employees & Team Size
ShieldIOT employs approximately 17 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 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) |
Frequently Asked Questions about ShieldIOT
What is ShieldIOT's revenue?
ShieldIOT generates an estimated $2.5M in annual 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 across 2 rounds.
How many employees does ShieldIOT have?
ShieldIOT has 17 employees.
Where is ShieldIOT headquarters?
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.
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