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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
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.
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 | - | - |
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.
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We do not have customer count information for ShieldIOT yet.
ShieldIOT employs approximately 17 people as of 2026.
ShieldIOT generates an estimated $2.5M in annual revenue.
ShieldIOT was founded by Udi Solomon.
The CEO of ShieldIOT is Udi Solomon.
ShieldIOT raised $11M across 2 rounds.
ShieldIOT has 17 employees.
ShieldIOT is headquartered in Kfar Saba, Israel.
ShieldIOT operates across multiple industries. Browse revenue, funding, and growth data for ShieldIOT in each sector below.
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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2024 Revenue
$2.5M(Est.)
Funding
$11M
Team
17
Founded
2017
| 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 |
| 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) |
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