cybersecdirectory

IoT, embedded and product security acquisitions and funding

33 acquisitions of IoT security companies since 2020 and 67 funding rounds since 2022 on record. The most active buyers are JFrog (2) and Microsoft (2). See the IoT security companies in the directory.

33acquisitions
67funding rounds
$9.7bnpaid in the 8 acquisitions with a disclosed price
$2.0bnraised in the 52 rounds with a disclosed size
Browse other categories

Deals

Showing 51 to 100 of 100

DateDealAmountSource
November 2023Xage Security raised a Series B roundInvestor SAIC$20mReport on the Xage Security funding round of November 2023 (opens in a new tab)via Security, Funded (opens in a new tab)
October 2023Verkada raised funding$80mReport on the Verkada funding round of October 2023 (opens in a new tab)via Security, Funded (opens in a new tab)
October 2023CyViation raised a seed round$4mReport on the CyViation funding round of October 2023 (opens in a new tab)via Security, Funded (opens in a new tab)
May 2023WingShield raised a corporate roundInvestor Integrity TechUndisclosedReport on the WingShield funding round of May 2023 (opens in a new tab)
May 2023SGT Capital acquired ElatecMakes secure access readers and cloud platform for physical and digital identityUndisclosedReport on SGT Capital buying Elatec, May 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2023OP[4] raised a seed round$2mReport on the OP[4] funding round of March 2023 (opens in a new tab)
March 2023DEKRA acquired Onward SecurityCybersecurity testing and certification for IoT, automotive and industrial devicesUndisclosedReport on DEKRA buying Onward Security, March 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
February 2023Radical Semiconductor raised funding$3.8mReport on the Radical Semiconductor funding round of February 2023 (opens in a new tab)
January 2023MedCrypt raised a Series B roundInvestor Dexcom VenturesUndisclosedReport on the MedCrypt funding round of January 2023 (opens in a new tab)via Security, Funded (opens in a new tab)
January 2023Tianfang Security raised a seed roundInvestor Ying CapitalUndisclosedReport on the Tianfang Security funding round of January 2023 (opens in a new tab)
November 2022Angoka raised a seed roundInvestor 24 Haymarket$2.5mReport on the Angoka funding round of November 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
November 2022MedCrypt raised a Series B roundInvestors Intuitive Ventures and Johnson & Johnson Innovation$25mReport on the MedCrypt funding round of November 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
November 2022Secure-IC acquired Silex InsightProvides embedded cybersecurity solutions for connected devicesUndisclosedReport on Secure-IC buying Silex Insight, November 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2022Codasip acquired Cerberus Security LabsIoT security firm providing technology and experts for secure RISC-V processor designsUndisclosedReport on Codasip buying Cerberus Security Labs, November 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
October 2022Perygee raised a seed roundInvestor Ballistic Ventures$4.8mReport on the Perygee funding round of October 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
October 2022Securithings raised a Series B roundInvestor U.S. Venture Partners$21mReport on the Securithings funding round of October 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
October 2022Eclypsium raised a Series B roundEclypsium provides continuous assurance of critical hardware, firmware, and software across enterprise infrastructure.Investor TenEleven Ventures$25mReport on the Eclypsium funding round of October 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
September 2022Redinent raised a seed roundInvestor Startup India Seed Fund SchemeUndisclosedReport on the Redinent funding round of September 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
September 2022Verkada raised a Series D roundInvestor Linse Capital$205mReport on the Verkada funding round of September 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
July 2022FORT Robotics raised a Series B roundInvestor Tiger Global Management$25mReport on the FORT Robotics funding round of July 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
July 2022Emproof raised a seed roundBochum software firm hardening embedded and ECU firmware binaries against reverse engineering and exploitation, with ASIL-D certification.Investor TIIN Capital$2mReport on the Emproof funding round of July 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
June 2022Rongka Technology raised a Series B roundInvestors Fortune Venture Capital and Ark Capital ManagementUndisclosedReport on the Rongka Technology funding round of June 2022 (opens in a new tab)
June 2022Lynx Software Technologies raised private equity fundingInvestor OceanSound PartnersUndisclosedReport on the Lynx Software Technologies funding round of June 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
June 2022BINARLY raised a seed roundInvestors Acrobator Ventures and WestWave Capital$3.6mReport on the BINARLY funding round of June 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
June 2022Asimily raised fundingAsimily provides a platform to discover, assess, and mitigate risks for IoT, OT, and IoMT devices.Investors MemorialCare Innovation Fund and Ridge VenturesUndisclosedReport on the Asimily funding round of June 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
June 2022Ordr raised a Series C roundOrdr provides a platform that discovers and enforces security policies for connected devices across IT, IoT, OT, and IoMT.Investors Battery Ventures and TenEleven Ventures$40mReport on the Ordr funding round of June 2022 (opens in a new tab)
June 2022Netskope, Inc acquired WootCloudProvides a smart device security platform for enterprise IoT devicesUndisclosedReport on Netskope, Inc buying WootCloud, June 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2022lowRISC acquired NewAE TechnologyEmbedded security solutions provider based in CanadaUndisclosedReport on lowRISC buying NewAE Technology, June 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2022Comcast acquired LevlA young company working on gadget tracking that guards safety and personal data$50mReport on Comcast buying Levl, June 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
May 2022Xage Security raised a Series B roundInvestors Overture VC and SCF Partners$6mReport on the Xage Security funding round of May 2022 (opens in a new tab)
May 2022Barbara IoT raised a seed roundInvestor Caixa Capital Risc$2.5mReport on the Barbara IoT funding round of May 2022 (opens in a new tab)
March 2022Teal Communications raised a Series A roundInvestors StageDotO and Stormbreaker Ventures$10.8mReport on the Teal Communications funding round of March 2022 (opens in a new tab)
February 2022Phosphorus raised a Series A round$38mReport on the Phosphorus funding round of February 2022 (opens in a new tab)
February 2022CyberOwl raised fundingInvestor Brookstreet Equity PartnersUndisclosedReport on the CyberOwl funding round of February 2022 (opens in a new tab)
February 2022Forescout Technologies acquired CyberMDXHealthcare cybersecurity firm protecting connected medical and IoT devicesUndisclosedReport on Forescout Technologies buying CyberMDX, February 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
January 2022Ambient.ai raised funding$52mReport on the Ambient.ai funding round of January 2022 (opens in a new tab)
January 2022DigiCert acquired MocanaUndisclosedReport on DigiCert buying Mocana, January 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
December 2021Claroty acquired MedigateHealthcare IoT security company$400mReport on Claroty buying Medigate, December 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
October 2021Clavister acquired Omen TechnologiesCreates smart security tools for connected industrial devices$1.8mReport on Clavister buying Omen Technologies, October 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
September 2021JFrog acquired UpswiftRuns a system for overseeing gadgets linked to the internetUndisclosedReport on JFrog buying Upswift, September 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2021View, Inc acquired IoTiumRuns secure cloud-based networks linking everyday devicesUndisclosedReport on View, Inc buying IoTium, July 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2021Microsoft acquired ReFirm LabsHelps businesses find and fix weak links in firmwareUndisclosedReport on Microsoft buying ReFirm Labs, June 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2021JFrog acquired Vdoo Connected TrustIoT security company helping deliver software security across releases$300mReport on JFrog buying Vdoo Connected Trust, June 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2021Relay Medical Corp acquired Cybeats TechnologiesIoT cybersecurity firm helping make connected devices more secure$7.2mReport on Relay Medical Corp buying Cybeats Technologies, March 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
February 2021Akamai Technologies acquired InverseHelps organisations identify IoT, mobile and other device typesUndisclosedReport on Akamai Technologies buying Inverse, February 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2020Siemens acquired UltraSoC TechnologiesProvides instrumentation and analytics putting monitoring, cybersecurity and safety into system-on-chip hardwareUndisclosedReport on Siemens buying UltraSoC Technologies, June 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)
June 2020Microsoft acquired CyberXAn IoT security company based in Waltham, MassachusettsUndisclosedReport on Microsoft buying CyberX, June 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)
April 2020Cisco acquired Fluidmesh NetworksWireless backhaul systems for industrial IoT and transit assetsUndisclosedReport on Cisco buying Fluidmesh Networks, April 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)
January 2020Wind River acquired Star LabFirm protecting built-in computer systems with tools against interferenceUndisclosedReport on Wind River buying Star Lab, January 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)
January 2020Insight Partners acquired ArmisArmis provides cyber exposure management and security for connected devices and operational technology.$1.1bnReport on Insight Partners buying Armis, January 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)

Acquisitions 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. Funding rounds from 2022 onwards come from Return on Security's weekly Security, Funded newsletter. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Each Report link goes to the announcement or story the source cites, and the via link to the round-up or newsletter issue. Amounts are in US dollars. The category is what the bought or funded company sells.