About
ShieldIOT is an IoT cyber-security software company that enables global IoT brands and large integrators to protect mass-scale IoT networks and generate new revenue streams in a single scalable platform without the need for any network changes, development resources, or unique security expertise. Key use cases include manufacturing 4.0, connected transportation, smart cities, smart meters, and smart buildings. The end-to-end solution consists of a purpose-built IoT security operations center combined with patented AI-based network anomaly detection and device-based security mechanisms, enabling the security and management of large IoT fleets. The company's agent-less AI anomaly-detection service offers high accuracy compared to other industry solutions. Its gateway-level security has over 120 protections for the application, operating system, and kernel. Ninety-nine percent of all events are prevented at the gateway level. The solution doesn't require any changes to the application code, functionality, or performance.
Funding history · 4 rounds · $11.0M total
Company Intelligence Q&A
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- When was ShieldIOT founded and where is its headquarters located?
- ShieldIOT was founded in April 2017 and is headquartered in Kefar Sava, Israel.
- What is ShieldIOT's primary focus in the cybersecurity sector?
- ShieldIOT is an IoT cyber-security software company that protects mass-scale IoT networks for global IoT brands and large integrators.
- What was the total amount of funding raised by ShieldIOT?
- ShieldIOT has raised a total of $11 million across its funding rounds. For a full financing history, please refer to startupim.
- When did ShieldIOT complete its Series A funding round and who were the lead investors?
- In November 2021, ShieldIOT completed its Series A funding round, raising $7.4 million. NextLeap Ventures was a lead investor in this round.
- Which investors participated in ShieldIOT's Seed round in September 2019?
- In September 2019, ShieldIOT raised $2.6 million in a Seed round with Future Energy Ventures as a lead investor, alongside Joule Ventures, Danmar Capital, and Minvest Partners.
- What is the employee count for ShieldIOT?
- ShieldIOT currently has 15 employees, falling within the 11-50 employee range.
- What are some key use cases for ShieldIOT's IoT security solution?
- ShieldIOT's key use cases include manufacturing 4.0, connected transportation, smart cities, smart meters, and smart buildings.
- What is a core technological feature of ShieldIOT's solution?
- ShieldIOT's solution includes a patented AI-based network anomaly detection and device-based security mechanisms, offering an agent-less AI anomaly-detection service.
- What was the first funding round for ShieldIOT and who was the lead investor?
- ShieldIOT's first funding round was a Seed round in July 2017, raising $1 million, with Joule Ventures as the lead investor.