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.
Browse other categories
- Managed security services 466
- GRC and compliance automation 230
- AI and LLM security 217
- Security consulting and vCISO 213
- Fraud and payment fraud prevention 165
- Application security testing 162
- Identity and access management 159
- Encryption and key management 156
- Threat intelligence 148
- Security awareness and human risk 138
Deals
Showing 1 to 6 of 6
| Date | Deal | Amount | Source |
|---|---|---|---|
| December 2025 | ServiceNow acquired ArmisArmis provides cyber exposure management and security for connected devices and operational technology. | $7.8bn | Report on ServiceNow buying Armis, December 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| December 2025 | Arteris acquired CycuitySemiconductor cybersecurity assurance specialist | Undisclosed | Report on Arteris buying Cycuity, December 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| July 2025 | Axonius acquired CynerioSecures medical devices in healthcare environments | $100m | Report on Axonius buying Cynerio, July 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| March 2025 | Riverside Research acquired Cog SystemsSecure virtualization and cryptographic solutions for mobile and IoT devices | Undisclosed | Report on Riverside Research buying Cog Systems, March 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| January 2025 | Enigma acquired DellferFirmware security company for automotive and IoT devices | Undisclosed | Report on Enigma buying Dellfer, January 2025 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| January 2025 | Cadence acquired Secure-ICProvides embedded security IP, tools and evaluation services for chips | Undisclosed | Report on Cadence buying Secure-IC, January 2025 (opens in a new tab)via SecurityWeek (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.