Capricode

Name

Capricode

Legal name

Capricode

Website

https://capricode.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

OT Cybersecurity Software

NAICS

Computer Systems Design and Related Services (5415), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

OT Patch Management & Change Control (HDADAJAK)

akta.pro secondary industries

OT Asset Discovery, Inventory & Vulnerability Management (HDADAJAE), Vulnerability & Patch Management for OT Assets (EUADANAF), Cybersecurity, Identity & OTA Update Management for Connected Vehicles (TLAEAFAO)

Keywords

• Secure OTA updates
• Device lifecycle management
• OT cybersecurity software
• Mission-critical device security
• IT/OT integration platform

Headquarters

HQ city

Oulu

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Platform Licensing: Enterprise software platform licensing for secure device management and lifecycle governance. The company appears to operate on an enterprise licensing model targeting defence and critical infrastructure operators.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Capricode develops and sells SyncShield, a patented device management platform that provides secure Over-the-Air (OTA) software updates, lifecycle governance, and IT/OT network integration for defence and critical infrastructure operators. The platform is delivered via enterprise licensing to organizations running mission-critical connected systems in energy, water, transport, and communications. It enables remote provisioning, policy enforcement, secure decommissioning, and auditability without expanding the attack surface.

Product overview

SyncShield is a single unified product — a patented, award-winning device management platform providing secure operational control for mission-critical environments. The platform enables trusted OTA updates, policy-driven lifecycle governance, remote provisioning, secure decommissioning, and resilient IT/OT separation across defence and critical infrastructure sectors (energy, water, transport, communications). The solution is purpose-built for secure IT/OT environments rather than retrofitted from consumer IoT, and is designed to align with NIS2 EU cybersecurity requirements. Capricode's patent portfolio related to OTA updates, device lifecycle management, cybersecurity, and large-scale device operations was largely acquired by SIM IP.

Differentiator

Problem solved

Functional benefit

Products and services

• SyncShield

Quantifiable outcome

• Over 1 million devices securely managed across demanding operational environments

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• SIM IPmajorTechnology or IntegrationSIM IP has signed an agreement to acquire the majority of the SyncShield patent portfolio assets from Capricode, including patents related to OTA (Over-the-Air) updates, device lifecycle management, cybersecurity, and large-scale device operations. This represents a significant IP licensing transaction where Capricode/SyncShield is divesting its patent portfolio to SIM IP.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Dragos: Dragos specializes in OT cybersecurity for industrial and critical infrastructure operators, with a focus on threat detection, incident response, and asset visibility. It is a direct competitor in the same regulated critical-infrastructure buyer base that Capricode's SyncShield targets.
• Claroty: Claroty is a leading OT cybersecurity platform providing asset discovery, vulnerability management, and secure remote access for industrial and critical infrastructure environments. It directly competes with SyncShield in the same defence and critical-infrastructure buyer set, with overlapping capabilities in lifecycle governance and IT/OT segmentation.
• Radiflow: Radiflow provides OT cybersecurity solutions for critical infrastructure operators, including network monitoring, asset discovery, and secure remote access. It targets the same European critical-infrastructure and industrial customer base as SyncShield with overlapping lifecycle and segmentation capabilities.
• Opscura: Opscura focuses on OT network segmentation and secure data flow between IT and OT environments, with specific use cases in industrial and critical-infrastructure cybersecurity. It directly overlaps with SyncShield's secure IT/OT integration and policy-driven communication segmentation features.
• Nozomi Networks: Nozomi Networks provides OT and IoT security and visibility, including asset inventory, vulnerability management, and intrusion detection for critical infrastructure operators. It targets the same European critical-infrastructure customers as SyncShield and overlaps in lifecycle and patch governance functionality.
• Armis: Armis offers an asset intelligence and security platform for OT, IoT, and connected device environments, including lifecycle management and vulnerability remediation. It is highly comparable to SyncShield's positioning as a vendor-neutral control layer managing connected devices across IT and OT.

Broad incumbents

• Tenable OT Security: Tenable's OT Security (formerly Indegy) provides asset discovery, vulnerability management, and threat detection for industrial environments as part of Tenable's broader exposure management platform. It is comparable as a larger, broader incumbent offering overlapping functionality in OT asset and patch visibility.
• Cisco Cyber Vision: Cisco Cyber Vision provides OT visibility, asset inventory, and threat detection as part of Cisco's industrial networking portfolio. It competes with SyncShield for industrial and critical-infrastructure buyers seeking IT/OT integration, though Cisco is a much broader incumbent spanning networking, security, and collaboration.

Emerging players

• SIGA OT Solutions: SIGA OT Solutions provides anomaly detection and OT monitoring for critical infrastructure operators, including electric, water, and industrial sites. It is comparable to Capricode as a niche OT security vendor focused on regulated critical-infrastructure buyers, though with a narrower technical scope.
• Ivanti (MobileIron heritage): Ivanti acquired MobileIron, which shares Capricode's mobile device management heritage and provides enterprise mobility management with OTA update and policy enforcement capabilities. Comparable to SyncShield on the device-lifecycle and policy-governance mechanics, though targeted at enterprise IT rather than OT/defence specifically.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Capricode
• LinkedInlinkedin.com/company/capricode

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capricode