IoT security companies
We list 78 companies active in IoT, embedded and product security, and 14 of them have it as their main focus. 6 are public, 25 are owned by another company and 47 are private. Most are based in the United States (30) and Germany (17). The oldest, TÜV SÜD, was founded in 1866. By revenue from annual reports, the largest company here is Palo Alto Networks ($11.5bn in FY2026).
By countryUnited States 30Germany 17
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| Company | Based in | Founded | Size | Ownership | Revenue |
|---|---|---|---|---|---|
FeaturedPCA Cyber Security PCA Cyber Security provides embedded product security services and PCA CERVUS, a device-centric vulnerability monitoring and threat intelligence platform driven from product SBOMs. | Budapest, Hungary | 2019 | 11-50 staff | Private |
Companies focused on IoT, embedded and product security
14 companies| Company | Based in | Founded | Size | Ownership | Revenue |
|---|---|---|---|---|---|
Keysight Technologies Test equipment maker whose device security lab, built on Riscure, tests chips, cards and vehicle electronics against side-channel and fault-injection attacks. | Santa Rosa, California, United States | 2014 | Public, KEYS | $5.4bn (FY2025) | |
Armis Armis provides cyber exposure management and security for connected devices and operational technology. | United States | Part of ServiceNow | |||
Asimily Asimily provides a platform to discover, assess, and mitigate risks for IoT, OT, and IoMT devices. | Sunnyvale, United States | Private | |||
Eclypsium Eclypsium provides continuous assurance of critical hardware, firmware, and software across enterprise infrastructure. | Portland, United States | 2017 | Private | ||
Emproof Bochum software firm hardening embedded and ECU firmware binaries against reverse engineering and exploitation, with ASIL-D certification. | Bochum, Germany | Private | |||
Exein Exein provides runtime cybersecurity for firmware and physical AI systems across connected devices. | Rome, Italy | 2018 | Private | ||
Fuzzware Fuzzes compiled ECU and embedded firmware in emulation, finding memory bugs without needing the physical hardware. | Bochum, Germany | Private | |||
OmniTrust Provides a platform for managing cryptographic trust across devices, systems and AI. | Ashburn, United States | 2010 | Private | ||
Ordr Ordr provides a platform that discovers and enforces security policies for connected devices across IT, IoT, OT, and IoMT. | Santa Clara, United States | 2015 | Private | ||
pi3g German Cyber Resilience Act compliance and embedded security specialist. 16+ years in IoT and embedded Linux, delivering CRA readiness, compliance engineering, and legal certification for products with digital elements. | Leipzig, Germany | 2012 | Private | ||
SYSGO PikeOS hypervisor maker offering a secure vehicle gateway platform with firewall and IDS, plus a host-based IDS. | Klein-Winternheim, Germany | 1991 | Part of Thales Cyber Solutions | ||
wolfSSL Embedded cryptography firm whose wolfHSM ports its crypto library to automotive hardware security modules in ECUs. | Edmonds, Washington, United States | 2004 | Private | ||
Red Balloon Security Embedded firmware hardening and runtime monitoring for devices, including Symbiote protection for vehicle ECUs and calibration data. | New York, United States | 2011 | Private | ||
TigerByte Cyber TigerByte Cyber provides cyber hardening for AI and edge devices in mission-critical environments. | Hanover, United States | Private |
Also active in IoT, embedded and product security
63 companies| Company | Based in | Founded | Size | Ownership | Revenue |
|---|---|---|---|---|---|
Palo Alto Networks Palo Alto Networks provides cybersecurity platforms and services to protect organizations from cyber threats. | Santa Clara, United States | 2005 | 13,900 staff | Public, PANW | $11.5bn (FY2026) |
UL Solutions Global testing and certification firm, recognised by the PCI SSC for PTS POI and HSM evaluation, with labs in the UK and China. | Northbrook, United States | Public, ULS | $3.1bn (FY2025) | ||
Rambus Chip IP company licensing automotive-grade hardware security modules, MACsec engines and key provisioning for vehicle chips. | San Jose, United States | Public, RMBS | $707.6m (FY2025) | ||
TÜV SÜD German testing and certification group whose security services include penetration tests, ISO/SAE 21434 certification and UN R155 audits. | Munich, Germany | 1866 | 26,529 staff | Private | |
TÜV Rheinland Inspection firm that audits carmakers' security management for R155 type approval and certifies suppliers to ISO/SAE 21434. | Cologne, Germany | 1872 | 22,093 staff | Private | |
Vector Informatik Vector Informatik provides software, hardware and services for building, testing and operating software-defined systems. | Stuttgart, Germany | 1988 | 2,440 staff | Private | |
IOActive Boutique security consultancy specialising in IoT, SCADA/ICS, embedded systems, and hardware security research with world-renowned researchers. | Seattle, United States | 1998 | 51-200 staff | Private | |
SEC Consult Vienna-headquartered Austrian cybersecurity consultancy with a prolific Vulnerability Lab research program and deep expertise in IoT and embedded systems security across the DACH region. | Vienna, Austria | 2002 | 51-200 staff | Owned by Atos | |
Applus+ Laboratories Security evaluation lab that penetration tests automotive ECUs and reports findings for UN R155 and ISO/SAE 21434. | Barcelona, Spain | 1907 | Owned by Applus+ | ||
asvin Software and services for cyber risk analysis, secure software updates and UNECE R155 and R156 compliance. | Stuttgart, Germany | 2018 | Private | ||
Atredis Partners Employee-owned research firm testing embedded systems, including vehicle infotainment, telematics units and CAN networks. | United States | Private | |||
Block Harbor Cybersecurity Detroit firm offering a vehicle security engineering platform alongside automotive penetration testing and defensive security services. | Detroit, United States | Private | |||
CCLab Hungarian security evaluation lab offering ISO/SAE 21434 gap analysis, CSMS set-up and type-approval support. | Budapest, Hungary | 2013 | Owned by QIMA | ||
Claroty Claroty provides cybersecurity for cyber-physical systems in industrial, healthcare, and commercial settings. | New York, United States | Private | |||
Copper Horse UK security consultancy doing threat modelling, training and research for connected vehicles, IoT and mobile products. | Monmouth, United Kingdom | 2011 | Private | ||
Cybellum Software platform for building SBOMs, tracking vulnerabilities and producing ISO 21434 and R155 evidence for vehicle firmware. | Tel Aviv-Yafo, Israel | 2016 | Owned by LG | ||
DEKRA DEKRA is a global provider of testing, inspection and certification services. | Stuttgart, Germany | 1925 | Private | ||
dissecto Makes automated ECU and vehicle security test tools and hardware, and carries out automotive penetration testing. | Regensburg, Germany | 2022 | Owned by dSPACE | ||
Drivesec Turin firm selling Weseth, a remote platform for automated security and penetration testing of vehicles and devices. | Turin, Italy | 2017 | Private | ||
ETAS Bosch subsidiary selling ESCRYPT HSM firmware, intrusion detection, risk analysis tools and a managed vehicle SOC. | Stuttgart, Germany | 1994 | Owned by Robert Bosch | ||
F FESCARO Korean supplier of ECU security software, security gateways, TARA, testing and R155 and 21434 consulting. | Suwon, South Korea | 2016 | Public, 0015S0 | ||
Finite State Finite State provides a product security platform for connected devices, automating SBOM generation, vulnerability analysis, and compliance evidence. | Columbus, United States | 2017 | Private | ||
Forescout Technologies Forescout provides a platform for managing cyber risk and mitigating threats across IT, OT, IoT, and IoMT devices. | San Jose, United States | Owned by Advent International and Crosspoint Capital Partners | |||
Guardsquare Guardsquare provides mobile app security through code hardening, testing, and threat monitoring. | Leuven, Belgium | 2014 | Private | ||
InchTek Beijing supplier of vehicle security gateways, intrusion detection, HSM firmware, a vehicle SOC platform and compliance consulting. | Beijing, China | Private | |||
LegacyMind GmbH LegacyMind GmbH provides a firmware security platform that analyses firmware at the binary level. | Ingolstadt, Germany | 2025 | Private | ||
NetRise NetRise analyses compiled software to create an inventory of components and identify supply chain risks. | Austin, United States | 2020 | Part of Dragos | ||
Nozomi Networks Nozomi Networks provides OT and IoT security solutions for critical infrastructure, offering asset visibility and threat detection. | San Francisco, United States | Owned by Mitsubishi Electric | |||
Panasonic Automotive Systems Tier 1 supplier selling its VERZEUSE tools for threat analysis, vulnerability triage and runtime protection to carmakers. | Yokohama, Japan | 2022 | Owned by Apollo Global Management funds and Panasonic Holdings | ||
Payatu Pune security firm testing in-vehicle systems, telematics and EV charging, with a hands-on car hacking course. | Pune, India | 2011 | Private | ||
Penumbral Labs Penumbral Labs helps manufacturers prepare connected products for EU Cyber Resilience Act compliance through testing and support. | Differdange, Luxembourg | 2026 | Private | ||
PlaxidityX Israeli automotive security firm selling in-vehicle intrusion detection, theft prevention, fleet monitoring, TARA and penetration testing. | Herzliya, Israel | 2014 | Part of Elektrobit | ||
Quarkslab Paris research firm auditing ECUs, ADAS, in-vehicle networks and OTA updates, and selling software protection for ECU firmware. | Paris, France | 2011 | Owned by Airbus | ||
RunSafe Security Generates SBOMs for embedded code and hardens vehicle ECU software against memory-based exploits at runtime. | McLean, United States | Private | |||
SecureThings.ai Sunnyvale and Pune firm selling in-vehicle intrusion detection, vehicle SOC analytics, secure OTA and security assessments. | Sunnyvale, United States | Private | |||
SERMA Safety & Security French security evaluation lab (ITSEF/CESTI) recognised by the PCI SSC for PTS device evaluation, plus EMVCo and Common Criteria. | Pessac (Bordeaux), France | Owned by SERMA Group | |||
SGS Brightsight Dutch security evaluation lab, part of SGS, recognised by the PCI SSC for PTS device evaluation and accredited for EMVCo and Common Criteria. | Delft, Netherlands | 1984 | Part of SGS | ||
Shift5 Onboard monitoring platform that detects cyber and electronic warfare threats on military vehicles, aircraft, ships and trains. | Rosslyn, Virginia, United States | 2019 | Private | ||
Solcept AG Solcept AG is a Swiss engineering firm based in Wetzikon. | Wetzikon, Switzerland | Private | |||
SRC Security Research & Consulting German security lab in Bonn, recognised by the PCI SSC for PTS device evaluation, plus German payment terminal schemes. | Bonn, Germany | 2000 | Owned by Bank-Verlag, DG Nexolution, Deutscher Sparkassen Verlag and VÖB-ZVD | ||
Tranzhalo Georgia start-up whose TranzSecure service flags cyber attacks, unknown devices and cargo theft across trucking fleets. | Alpharetta, United States | Private | |||
TXOne Networks TXOne Networks provides operations-first cybersecurity for industrial operational technology environments. | Taipei, Taiwan | Private | |||
VicOne VicOne provides cybersecurity for vehicles and robots, protecting their digital systems from development to operation. | Tokyo, Japan | 2022 | Part of Trend Micro | ||
V Vultara Web-based software that automates vehicle threat analysis and risk assessment, plus vulnerability tracking and consulting. | Troy, Michigan, United States | Private | |||
Applus+ IDIADA Spanish vehicle engineering and testing firm offering TARA, UN R155 and R156 gap analysis, and connectivity pentests. | Santa Oliva, Spain | 1990 | Owned by Applus+ | ||
AUTOCRYPT Korean supplier of in-vehicle security software, V2X and Plug&Charge PKI, security testing tools and R155 consulting. | Seoul, South Korea | 2019 | Public, 331740 | ||
BlackBerry Certicom BlackBerry subsidiary providing cryptographic key management, managed PKI and code signing for vehicle supply chains and in-car networks. | Mississauga, Canada | 1985 | Owned by BlackBerry | ||
Code Intelligence Automated fuzz testing for C and C++ code, with an AUTOSAR simulator and support for ISO/SAE 21434 testing. | Bonn, Germany | Private | |||
Computer Security and Industrial Cryptography COSIC provides expertise in digital security and industrial cryptography, conducting research and education. | Belgium | 1979 | Owned by Katholieke Universiteit Leuven | ||
E Elektrobit German automotive software maker offering embedded security software, network intrusion detection and cybersecurity maintenance for vehicles. | Erlangen, Germany | 2004 | Owned by AUMOVIO | ||
Embitel Technologies Indian engineering firm offering TARA, secure boot, HSM and SecOC integration, IDS work and ECU penetration testing. | Bangalore, India | 2006 | Owned by Volkswagen Group | ||
Enigmatos Israeli company that detects cyber attacks and tampering on fleet vehicles through CAN bus monitoring. | Yavne, Israel | Private | |||
Karamba Security Runtime protection agent and binary SBOM scanner for vehicle and device firmware, plus TARA and penetration testing. | Hod Hasharon, Israel | Private | |||
Keyfactor Keyfactor provides software for managing machine identities and cryptographic keys. | Independence, United States | Private | |||
M Microsec Hungarian trust service provider operating V2X certificate systems for carmakers and road operators in Europe and North America. | Budapest, Hungary | 1984 | Private | ||
ONEKEY ONEKEY provides a platform for product cybersecurity and compliance, automating SBOM analysis, vulnerability detection, and regulatory compliance. | Düsseldorf, Germany | 2020 | Private | ||
OPSWAT OPSWAT provides cybersecurity solutions to protect critical infrastructure from file-borne and device-borne threats. | Tampa, United States | Private | |||
P Penta Security Penta Security develops web application firewalls, encryption and authentication products for enterprises and government agencies. | South Korea | 1997 | Private | ||
runZero runZero provides exposure management software that discovers and profiles assets across IT, OT, IoT, cloud and mobile networks. | Austin, United States | 2018 | Part of Dragos | ||
SAESOL Tech Korean maker of V2X security software, including certificate management servers, vehicle security clients and misbehaviour detection. | Anyang, South Korea | 2021 | Private | ||
Sibros Connected vehicle software firm offering OTA updates, data logging and a vehicle security operations centre for fleets. | San Jose, California, United States | 2018 | Private | ||
Upstream Security Upstream Security provides a cybersecurity and intelligence platform for physical AI, vehicles, and smart mobility. | Birmingham, United States | 2017 | Private | ||
Utimaco Utimaco provides hardware security modules, encryption, and key management for data protection and critical infrastructure. | Aachen, Germany | 1989 | Owned by SGT Capital |
Recent deals in IoT, embedded and product security
All IoT, embedded and product security dealsAcquisitions come from SecurityWeek's monthly M&A round-ups from 2021 onwards, from Cybersecurity Ventures' quarterly M&A reports for 2020, and a few from Wikipedia lists. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Amounts are in US dollars.