ShieldIOT
Shield-IoT provides an agent-less AI-powered SaaS cybersecurity platform (ShieldEdge) that secures IoT, OT, and IT connected edge devices at mass scale, serving telecom operators, utilities, and critical infrastructure operators globally through direct sales and channel partnerships.
- Company typePrivate
- Founded2017
- HeadquartersHerzliya, Israel
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What ShieldIOT does
Shield-IoT is an Israeli cybersecurity company that has built ShieldEdge, an agent-less, AI-powered SaaS platform designed to provide asset visibility, threat management, and compliance monitoring for IoT, modern OT, and IT connected edge devices at mass scale (billions of devices). The platform analyzes device-to-cloud network traffic statistics (TCP/IP metadata) rather than payload data, using its patented Coreset-AI compression technology—based on 15+ years of academic research at MIT and Haifa University with 70+ peer-reviewed papers—to reduce data dimensionality from n to log(n), enabling anomaly detection in minutes rather than hours or days. The multi-engine detection stack combines the proprietary Coreset-AI anomaly engine, an LLM/SLM-powered Agentic AI Security Expert (with RAG augmentation referencing MITRE ATT&CK and CVEs), 30+ pre-built rule sets, and 100+ threat intelligence feeds, with an industry-first integration of NVIDIA Morpheus for edge inference. The platform is delivered as multi-tenant SaaS or customer-deployed public/private cloud and requires no device installation, network changes, or integration—enabling one-day onboarding.
The company operates a hybrid go-to-market spanning direct enterprise sales, a channel/partner program for IoT connectivity service providers (CSPs), and OEM/embedded distribution. Founded in 2017 by Udi Solomon and Ohad Levin in Herzliya (now headquartered in Kfar Saba), Shield-IoT has raised approximately $11 million in total funding across a $3.6M seed (2019, led by Innogy Innovation Hub) and a $7.4M Series A (2021, led by NextLeap Ventures and Bloc Ventures with Akamai Technologies participation). The company targets telecommunications operators, MVNOs, energy/utilities (e.g., E.ON Germany), smart cities, payments (Mastercard IoT Security co-developed platform), EV charging, transportation, medical devices, and government/defense customers. Notable channel partners include Stefanini Cyber Defense (41 countries) and Datora Telecom (Brazil), and strategic relationships include Mastercard (Start Path Security Solutions 2024, 80% adoption reported), Intel, and NVIDIA. Revenue is generated via recurring SaaS subscriptions, CSP value-added security services (claimed 80%+ service margins for partners), and embedded technology licensing.
ShieldIOT firmographics
Firmographics- Name
- ShieldIOT
- Legal name
- Shield-IoT
- Website
- https://shieldiot.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Shield-IoT provides an agent-less AI-powered SaaS cybersecurity platform (ShieldEdge) that secures IoT, OT, and IT connected edge devices at mass scale, serving telecom operators, utilities, and critical infrastructure operators globally through direct sales and channel partnerships.
- Ownership category
- akta.pro rank
ShieldIOT industry classification
Industry- Product category
- IoT/OT Cybersecurity Software
- NAICS
- Security Systems Services (56162)
- akta.pro primary industry
- Managed OT Security Services (MSSP/MDR for ICS/OT) (HDADAJAN)
- akta.pro secondary industries
- OT/ICS & Critical Infrastructure Cybersecurity Services (BPAKAHAN), Vulnerability & Patch Management for OT Assets (EUADANAF)
Keywords
Where ShieldIOT is headquartered
LocationHeadquarters
- HQ city
- Herzliya
- HQ country
- Israel
- HQ region
- Middle East
Offices1 record
Markets served
ShieldIOT business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription - ShieldEdge Platform: Subscription-based access to ShieldEdge platform providing asset visibility, threat management, and compliance monitoring. Multi-tenant software available as SaaS or customer-deployed public/private cloud.
- Value-Added Security Service for CSPs: Connectivity service providers can offer IoT/OT security as a value-added service to their business customers, generating new revenue streams with automated zero-touch sales processes achieving service margins in excess of 80%.
- Mastercard IoT Security Partnership: AI-powered platform launched in 2024 providing visibility and threat detection for billions of connected devices. Shield-IoT reports 80% adoption rate in this partnership.
- Professional Services: Implementation and training services delivered through partnerships (e.g., Stefanini Cyber Defense operating in 41 countries with 4 SOCs in Brazil, Peru, Romania, and India).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise and SMB tiers available with frictionless one-day onboarding |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
ShieldIOT product offering
Product offeringCore offering
ShieldIOT sells the ShieldEdge platform, an agent-less AI-powered SaaS/cloud cybersecurity solution that delivers asset visibility, threat management, and compliance monitoring for IoT, modern OT, and IT connected edge devices and applications. It is sold primarily to enterprises, connectivity service providers (telcos, MNOs, MVNOs), and critical infrastructure operators on annual subscriptions, with a partner-enabled value-added service model that lets connectivity providers resell security to their customers. A separate OEM-style product, Mastercard IoT Security, embeds ShieldIOT's AI technology for cellular IoT protection through Mastercard's distribution network.
Product overview
Shield-IoT offers ShieldEdge, a unified agent-less AI-powered SaaS/cloud cybersecurity platform for IoT, modern OT, and IT networks. The platform consists of core modules: Asset Intelligence (device discovery, risk scoring, network visualization, behavioral analytics), AI Threat Management (multi-engine detection: agentic AI expert, Coreset-AI anomaly detection, rule-based rules, threat intelligence), and Compliance Reporting. The proprietary Coreset-AI Technology underpins anomaly detection by compressing massive network data into analyzable datasets. The platform secures over 1 million connected devices across payments, transportation, energy, healthcare, smart cities, government, and defense sectors. Shield-IoT also delivers specialized solutions including Mastercard IoT Security (partner product), and use-case specific security for EV Charging, Water Utilities, Smart Cities, Payments, Transport & Logistics, Electricity Grid, and Medical Devices.
Differentiator
Problem solved
Functional benefit
Products and services
- ShieldEdge Platform Agent-less cybersecurity AI SaaS/cloud platform providing enterprise-grade visibility, threat management, and compliance across any IoT/OT/IT connected device or application at unlimited scale. Powered by patented Coreset-AI compression, agentic AI security expert, and NVIDIA Morpheus-based AI edge security; analyzes device-to-cloud network traffic statistics (TCP/IP metadata) for real-time anomaly detection and threat prevention. Used by enterprises, SMBs, connectivity service providers, and critical infrastructure operators.
- Mastercard IoT Security AI-powered network-level security solution developed through the ShieldIOT-Mastercard partnership, protecting cellular-connected IoT devices from cyberattacks without requiring hardware installation or network changes. Leverages ShieldIOT's AI platform analyzing non-sensitive network traffic from telecom partners; distributed through Mastercard's channels.
Quantifiable outcome
- 20x reduction in false alarms compared to alternatives
- +5 more outcomes
Companies that use ShieldIOT
Customer profileNamed customers4 records
Segments8 records
Ideal customer profiles4 records
ShieldIOT technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability9 records
Feature5 records
ShieldIOT partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, major and minor.
- MastercardcoreShield-IoT partnered with Mastercard to develop and deploy Mastercard IoT Security, a network-level AI-powered solution protecting cellular-connected IoT devices. The platform launched in 2024 and provides visibility and threat detection for billions of connected devices. Shield-IoT joined Mastercard Start Path's Security Solutions track in 2024. 80% adoption rate reported.
- Stefanini Cyber DefensemajorGlobal partnership where Stefanini Cyber Defense (Stefanini Group company) offers Shield-IoT's Coreset-AI platform as part of their cybersecurity portfolio. Stefanini operates in 41 countries with SOCs in Brazil, Peru, Romania, and India, serving energy, water, gas, oil, airlines, mining, and transportation verticals.
- Datora TelecommajorPartnership to launch IoT security service in Brazil, enabling Datora and its enterprise customers to monitor and secure cellular-connected devices. Datora Telecom is one of Brazil's top MVNO connectivity providers with over 1 million IoT devices connected and operation offices worldwide.
- NVIDIAcoreShieldEdge platform integrates NVIDIA Morpheus AI technology, representing the industry-first NVIDIA Morpheus-based AI edge security solution. This integration enables real-time threat detection across cellular and edge networks.
- IntelmajorIntel partnership for IoT gateway and edge device security. VP SOC Architecture IoT Avner Goren has provided testimonial endorsement, highlighting Shield-IoT's ability to solve critical issues for large-scale deployments including smart cities, smart manufacturing, and transportation.
- GSMAminorGSMA logo appears on Shield-IoT materials indicating partnership or association with the global telecom industry association.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
ShieldIOT competitors and assessment
Company assessmentDirect peers
- Claroty: Leading OT/IoT cybersecurity platform protecting industrial, healthcare, and commercial environments. Direct competitor to ShieldIOT in OT/IoT anomaly detection, asset visibility, and threat management for critical infrastructure operators.
- Nozomi Networks: OT and IoT visibility and security vendor specializing in network-based anomaly detection for industrial and critical infrastructure. Competes with ShieldIOT in asset intelligence, threat detection, and compliance reporting for OT environments.
- Armis: Agentless IoT/OT asset visibility and security platform serving enterprise, healthcare, and industrial customers. Highly comparable to ShieldIOT's agent-less architecture, asset intelligence module, and target customer segments.
- Ordr: Connected device security platform providing asset visibility, threat detection, and zero-trust segmentation for IoT, IoMT, and OT devices. Direct peer competing in agent-less or agent-light deployment models.
Emerging players
- Asimily: IoMT and IoT risk management platform focused initially on medical device security, now expanding to broader IoT. Comparable to ShieldIOT's Medical Devices and Transportation verticals.
- JFrog (Vdoo / Device Security): JFrog acquired Vdoo to extend its platform into device security and software supply chain for connected products. Adjacent competitor to ShieldIOT in IoT/edge device security with focus on firmware and software vulnerability analysis.
Broad incumbents
- Palo Alto Networks (IoT/OT): Major network security incumbent with IoT/OT security offerings via Zingbox heritage and integrated Cortex platform. Competes broadly with ShieldIOT for enterprise OT security budget with much larger installed base and brand.
- Cisco (IoT Threat Defense): Networking incumbent offering IoT Threat Defense and Cyber Vision for OT visibility. Competes with ShieldIOT in industrial and enterprise IoT security via integrated networking-platform distribution.
- Microsoft Defender for IoT (CyberX): Microsoft's OT/IoT security offering built on acquired CyberX technology. Competes in agent-less OT network monitoring for utilities, manufacturing, and critical infrastructure — directly overlapping ShieldIOT's core use cases.
- Forescout Technologies: Long-established network access control and device visibility vendor with deep OT/IoT coverage. Competes with ShieldIOT in agent-less asset discovery, compliance, and segmentation for enterprise and critical infrastructure customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
ShieldIOT social profiles
Digital presenceShieldIOT compliance and trust
Trust signalCompliance7 records
ShieldIOT financial estimates
Financial estimateRevenue estimate
Valuation estimate
ShieldIOT leadership team
Management profileNumber of profiles
Profiles6 records
ShieldIOT funding detail
Funding detailFunding overview
Funding rounds2 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ShieldIOT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ShieldIOT
What does ShieldIOT do?
ShieldIOT sells the ShieldEdge platform, an agent-less AI-powered SaaS/cloud cybersecurity solution that delivers asset visibility, threat management, and compliance monitoring for IoT, modern OT, and IT connected edge devices and applications. It is sold primarily to enterprises, connectivity service providers (telcos, MNOs, MVNOs), and critical infrastructure operators on annual subscriptions, with a partner-enabled value-added service model that lets connectivity providers resell security to their customers. A separate OEM-style product, Mastercard IoT Security, embeds ShieldIOT's AI technology for cellular IoT protection through Mastercard's distribution network.
Is ShieldIOT a public or private company?
ShieldIOT is a private company. It is classified as venture growth investor backed and is currently operating.
When was ShieldIOT founded?
ShieldIOT was founded in 2017. It employs 11 to 50 people.
Where is ShieldIOT based?
ShieldIOT is headquartered in Herzliya, Israel, in the Middle East region.
How does ShieldIOT make money?
Four revenue lines are on record. SaaS Subscription - ShieldEdge Platform is the primary driver. The others are value-Added Security Service for CSPs, mastercard IoT Security Partnership and professional Services.
Who are ShieldIOT's main competitors?
Direct peers on record are Claroty, Nozomi Networks, Armis and Ordr. Emerging players are Asimily and JFrog (Vdoo / Device Security). Broad incumbents are Palo Alto Networks (IoT/OT), Cisco (IoT Threat Defense), Microsoft Defender for IoT (CyberX) and Forescout Technologies.
Does ShieldIOT have an API?
Yes. ShieldEdge provides a comprehensive RESTful Open API enabling export of system information (monitored devices, detected events, network insights, and generated reports) to any third-party systems. The API supports both Push and Pull functionality. Push templates enable export of events (e.g., to customer's SIEM) and preventive actions (e.g., to CSP's connectivity management platform) via HTTP or SMTP in real-time. The Pull RESTful API enables reading, creating, updating any entity in the system (such as managing users, creating rules, updating device information) as well as executing complex queries (such as querying events or devices, fetching device data consumption or events distribution over time). Prevention actions via API include blocking communication with suspicious IPs, throttling traffic during DDoS attacks, redirecting traffic to secure APN, and isolating compromised devices.
What industry is ShieldIOT in?
ShieldIOT's product category is IoT/OT Cybersecurity Software. Its primary akta.pro industry code is HDADAJAN, Managed OT Security Services (MSSP/MDR for ICS/OT), with a secondary code of BPAKAHAN, OT/ICS & Critical Infrastructure Cybersecurity Services. Its NAICS code is 56162.