ShieldIOT
IoT Security
Startup A Cyber Security Est. 2017
Total Raised
$11M
A
Last Round
$7.4M
3 rounds
Investors
10
10 public
Team
2
11-50 employees
Confidence
99/100
News
2
articles
Patents
1
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.
Classification
Sector
Cyber SecurityNetwork & Infrastructure Security
Core Technology
CryptographyEncryptionArtificial Intelligence
Target Customer
Government & CityMunicipalitiesIndustrial ManufacturingDiscrete IndustriesAutomotiveManufacturing FacilitiesEnergy, Utilities & Waste ManagementUtilitiesElectricityTransportation & LogisticsLogisticsTransportation Infrastructure
Business Model
B2B
Tags
machine-learningindustry-4.0artificial-intelligencetransportationsecurity-gatewayprivacy-protectionmedical-devicesiot-securityanomaly-detectioncyber-securitynetwork-securityiotencryptionsmart-cityretailsmart-mobility
Funding & Events
Sep 2019
Seed $2.6M
Future Energy Ventures (Lead), Joule Ventures, Danmar Capital, Minvest Partners
Nov 2021
A Round $7.4M
NextLeap Ventures (Lead), Atlas Venture, Joule Ventures, Bloc Ventures, Springtide Ventures, DIVEdigital, Akamai Technologies
Jul 2017
Seed $1M
Joule Ventures (Lead)
News (2)
Nov 22, 2021 · www.calcalistech.com
growth-positive
Shield-IoT raises $7.4 million Series A to secure IoT networks
Investment
Sep 23, 2019 · www.calcalistech.com
growth-positive
Israel-Based IoT Cybersecurity Company ShieldIOT Raises $3.6 Million
Investment
Details
Product Stage
Released
Employees
11-50
Exact Count
15
District
Center District
Founded
2017
Registrar
515647436
Crunchbase
shieldiot
Locations
Atir Yeda Street 1, Kefar Sava, Israel
Links
Website
LinkedIn
Twitter
Careers
Admin
Last Update
Sep 21, 2024
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
markets
Team (2)
Udi Solomon
Co-founder & CEO
Founder
Ohad Levin
Co-founder & CTO
Founder