Enterprise IoT Security Platforms sector
Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise IoT Security Platforms
1.1 - About Enterprise IoT Security Platforms sector
Companies in the Enterprise IoT Security Platforms category build software and services that discover, secure, and monitor connected devices across OT and IT networks. These strategic buyers in IoT security provide continuous asset visibility, risk assessment, and policy enforcement for sensors, gateways, medical devices, and industrial controllers. They reduce attack surface and enable compliant operations while protecting mission-critical processes without disrupting uptime or performance.
In manufacturing plants, automated device discovery and fingerprinting map every PLC and sensor. Continuous posture assessment with vulnerability and firmware risk scoring prioritizes remediation, while network micro-segmentation isolates high‑risk assets. Vendors pair IoT intrusion detection and anomaly analytics with device identity and certificate management to enforce zero‑trust onboarding, then manage over‑the‑air patches and configurations. Many secure gateways and edge nodes, integrate with SIEM/SOAR, and expose APIs for CMDB and NAC workflows.
Primary buyers include industrial and manufacturing enterprises, healthcare providers with connected medical devices, and utilities and critical infrastructure operators. Outcomes include full asset visibility across OT/IoT estates, reduced breach risk and dwell time through rapid detection, improved regulatory compliance and audit readiness, and higher operational uptime by containing threats without shutting down production lines or clinical equipment.
2. Buyers in the Enterprise IoT Security Platforms sector
2.1 Top strategic acquirers of Enterprise IoT Security Platforms companies
SandboxAQ
- Description: Provider of artificial intelligence and quantum technology software whose Large Quantitative Models drive advances in life sciences, financial services, navigation, cybersecurity and other sectors, helping enterprises tackle complex scientific and business challenges.
- Key Products:
- AQBioSim: AI-powered molecular simulation platform using Large Quantitative Models to accelerate drug discovery, generate physics-based data for target identification and treatment response
- AQChemSim: Simulation software driven by Large Quantitative Models that models chemical interactions with high accuracy to speed product and materials development across industries
- AI LQM Simulation Solutions: Comprehensive AI simulation offerings that extract new clinical hypotheses from literature and enhance speed and accuracy of drug discovery processes.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
2.2 - Strategic buyer groups for Enterprise IoT Security Platforms sector
M&A buyer group 1: Industrial Security
Dragos
- Type: N/A
- Employees: ●●●●●
- Description: Provider of industrial cybersecurity solutions that safeguard critical infrastructure, offering OT asset visibility and vulnerability detection capabilities through its platform, alongside ICS-specific threat intelligence and professional services that equip industrial defenders to protect operational technology systems efficiently.
- Key Products:
- Dragos Platform: OT-native industrial network security monitoring that collects east-west traffic, detects anomalies
- TTPs and IOCs, supports investigation with historical evidence and expert playbooks, and securely retains data for audits and incident response
- OT Threat Intelligence: Curated, industry-leading ICS/OT threat intelligence codified into the platform and delivered through briefings and reports, giving teams actionable insights on adversary behaviors, vulnerabilities and emerging risks
- Incident Response Services: Specialized industrial cybersecurity incident response that helps asset owners plan, triage and remediate OT breaches, reducing financial risk and downtime by applying proven frameworks and on-site expertise
- Research & Reports: In-depth OT/ICS cybersecurity publications such as the Year in Review
- Ransomware Report and OT Security Financial Risk Report that quantify breach costs, reveal threat trends and recommend critical defensive controls.
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●● companies3. Investors and private equity firms in Enterprise IoT Security Platforms sector
3.1 - Buyout funds in the Enterprise IoT Security Platforms sector
2.2 - Strategic buyer groups for Enterprise IoT Security Platforms sector
4 - Top valuation comps for Enterprise IoT Security Platforms companies
4.2 - Public trading comparable groups for Enterprise IoT Security Platforms sector
Valuation benchmark group 1: Enterprise Network Security Companies
Palo Alto Networks
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of cybersecurity solutions designed to protect organizations across clouds, networks, and mobile devices through advanced platforms for network security, cloud security, and AI-driven security operations.
- Key Products:
- Next-Generation Firewalls: Integrated network security solutions for traffic inspection and threat prevention
- Cloud Security: Solutions for securing applications and data across multi-cloud environments
- SASE: Secure Access Service Edge for secure networking and cloud-delivered security
- Threat Intelligence and Security Consulting: Services for threat detection, incident response, and risk management
- Cortex XSIAM: AI-driven security operations platform for improving security outcomes.