About IoT Infrastructure Development Platforms
The IoT Infrastructure Development Platforms comprises 397 companies, including 89 funded companies having collectively raised $746M in venture capital money and private equity. Out of these, 41 are Series A+ funded.
IoT Infrastructure Development Platforms sector has seen 18 acquisitions and 6 IPOs. This represents almost 6.0% of all such companies - which is higher than the 4.2% exit rate of tech companies in general.
This sector includes companies that provide cloud platforms which enable IoT application development.
IoT Infrastructure Development Platforms sector is also known as IoT Infrastructure Development Platforms Solutions, Advanced IoT Infrastructure Development Platforms or Digital IoT Infrastructure Development Platforms.
Companies included in IoT Infrastructure Development Platforms
Includes companies that offer cloud platforms for IoT application developmentCompanies excluded in IoT Infrastructure Development Platforms
Excludes companies offering on-premise software for IoT app developmentTop Companies in IoT Infrastructure Development Platforms
There are more than 397 companies in IoT Infrastructure Development Platforms. Tuya is the top IoT Infrastructure Development Platforms company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top IoT Infrastructure Development Platforms companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of AI cloud platform services for smart product development | Santa Clara (United States) | 2014 | Public | $200M | |
Provides a cloud-based platform for IOT application development | Cincinnati (United States) | 2015 | Acquired | $25.2M | |
Provider of infrastructure and APIs for real-time interactive application development | San Francisco (United States) | 2010 | Series E | $135M | |
Provider of 5G/6G network application services | Waltham (United States) | 2012 | Series B | $41.5M | |
Provider of cloud-based edge computing platform | Austin (United States) | 2007 | Series A | $12.8M |
Companies founded year-on-year in IoT Infrastructure Development Platforms
1 new startup has been founded so far in 2026 in IoT Infrastructure Development Platforms. 37 IoT Infrastructure Development Platforms startups were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 1 |
2024 | - |
2023 | 7 |
2022 | 18 |
2021 | 17 |
2020 | 20 |
2019 | 19 |
2018 | 30 |
2017 | 37 |
Companies founded across countries in IoT Infrastructure Development Platforms
United States has 110 IoT Infrastructure Development Platforms startups, the most by any country, followed by India which has 42 startups and China which has 23.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 110 |
India | 42 |
China | 23 |
Germany | 21 |
United Kingdom | 18 |
Australia | 10 |
France | 10 |
Canada | 8 |
Switzerland | 8 |
Japan | 7 |
Stage-wise distribution of IoT Infrastructure Development Platforms
Out of the total 397 IoT Infrastructure Development Platforms companies, 89 have secured funding. Among them, 41 have reached Series A or higher, and 30 to Series B or beyond.
Founded - 397
Funded - 89
Series A+ - 41
Series B+ - 30
Series C+ - 27
Company Stage | No. of companies |
|---|---|
Founded | 397 |
Funded | 89 |
Series A+ | 41 |
Series B+ | 30 |
Series C+ | 27 |
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- 395+ Total Companies
- $746M+ Total Funding
- 85+ Funded Companies
- 5+ IPOs
- 15+ Acquisitions
Funding Trends in IoT Infrastructure Development Platforms
Total funding year-on-year in IoT Infrastructure Development Platforms
IoT Infrastructure Development Platforms saw a total funding of more than $557M in the last 10 years. The most amount of funding was in 2018 at more than $220M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $13.2M |
2024 | - |
2023 | $15.3M |
2022 | $75.7M |
2021 | $96.3M |
2020 | $20.7M |
2019 | $44.3M |
2018 | $220M |
2017 | $47.5M |
Total funding across countries in IoT Infrastructure Development Platforms
In the last 10 years, IoT Infrastructure Development Platforms startups in United States have recieved the highest funding among all countries - $416M. Israel follows with $38M and China with $14.3M.
- Total Funding
Country | Total Funding |
|---|---|
United States | $416M |
Israel | $38M |
China | $14.3M |
Canada | $13.7M |
Japan | $7.8M |
Germany | $4.61M |
France | $1.16M |
India | $700K |
Singapore | $92.2K |
United Kingdom | - |
Total funding amount raised by stage in IoT Infrastructure Development Platforms
Over the last 10 years, IoT Infrastructure Development Platforms have seen $35.4M into Seed Stage funding rounds, $146M into Early Stage funding rounds and $302M go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $302M |
Early Stage | $146M |
Seed Stage | $35.4M |
Debt | $10.7M |
Grant | $6.83M |
Recent Funding Rounds in IoT Infrastructure Development Platforms
In the year 2025, till July 2025, IoT Infrastructure Development Platforms companies have raised $8.2M in equity funding across 2 rounds.
In the same period last year (i.e. till June 2024), IoT Infrastructure Development Platforms companies had raised equity funding across 1 round.
Here are some recent, important funding rounds in IoT Infrastructure Development Platforms:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 8753 | Jul 22, 2025 | ||
Series B | 6667 | Apr 01, 2025 | ||
Series B | 7064 | 2024 | ||
Series B | 9640 | Oct 11, 2023 | - | |
Seed | 2317 | May 04, 2023 |
Top Investors in IoT Infrastructure Development Platforms
Europa is the top investor in IoT Infrastructure Development Platforms companies based on number of companies invested.
Here are some top investors in IoT Infrastructure Development Platforms:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Toronto (Canada) | ||
Foster City (United States) | ||
Dallas (United States) | ||
Boston (United States) |
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M&A activity in IoT Infrastructure Development Platforms
In the year 2026, till February 2026, 1 acquisition happened in IoT Infrastructure Development Platforms. Last year, in 2025, a total of 1 acquisition happened in IoT Infrastructure Development Platforms.
Here are some recent, important acquisitions in IoT Infrastructure Development Platforms:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Feb 19, 2026 | ||
Business Acquisition | Oct 09, 2025 | ||
Business Acquisition | Jun 21, 2022 | ||
Business Acquisition | May 11, 2022 | ||
Business Acquisition | Mar 10, 2022 |
Acquisition trends in IoT Infrastructure Development Platforms
Here are the acquisition trends in IoT Infrastructure Development Platforms:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 1 |
2024 | - |
2023 | - |
2022 | 4 |
2021 | 1 |
2020 | 1 |
2019 | 2 |
2018 | 1 |
2017 | 3 |
IPOs in IoT Infrastructure Development Platforms
In the year 2025, till March 2025, 1 IPO happened in IoT Infrastructure Development Platforms.
Here are some recent, important IPOs in IoT Infrastructure Development Platforms:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Mar 21, 2025 | Tokyo Stock Exchange (TYO) | |
Jul 05, 2022 | Hong Kong Exchanges (HKG) |
Colleges which produce the most IoT Infrastructure Development Platforms companies
Companies founded by alumni from top colleges in IoT Infrastructure Development Platforms
Most number of IoT Infrastructure Development Platforms startups have been founded by alumni from IIT Bombay, Massachusetts Institute of Technology and Tel Aviv University.
College | No. of companies |
|---|---|
IIT Bombay | 2 |
Massachusetts Institute of Technology | 2 |
Tel Aviv University | 2 |
BITS Pilani | 1 |
Carnegie Mellon University | 1 |
Columbia Business School | 1 |
IIM Ahmedabad | 1 |
IIT Kharagpur | 1 |
IIT Madras | 1 |
IIT Roorkee | 1 |
Total funding in companies founded by alumni from top colleges in the IoT Infrastructure Development Platforms
In the last 10 years, Massachusetts Institute of Technology graduates' IoT Infrastructure Development Platforms companies have raised the most funding among top colleges. Columbia Business School alumni are second, and Technion Israel Institute Technology alumni are third.
College | Total Funding |
|---|---|
Massachusetts Institute of Technology | $46.5M |
Columbia Business School | $45.5M |
Technion Israel Institute Technology | $40.5M |
University of Toronto | $13.7M |
IIT Bombay | $12.4M |
IIT Kharagpur | $7.5M |
Tel Aviv University | $7.5M |
Tsinghua University | $90K |
IIM Ahmedabad | $2.23K |
BITS Pilani | - |
Top News in IoT Infrastructure Development Platforms
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XMPro Partners with AVEVA to Scale AI and Digital Transformation for Industrial CompaniesAiThority•Nov 03, 2025•AVEVA, XMPro
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PubNub Evolves Platform with Native AI Development, Real-Time Moderation, and Decision IntelligenceBusiness Wire•Jun 13, 2025•PubNub
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WeSuite Integrates With System Surveyor for Streamlined Sales ProcessSDM Magazine•Apr 08, 2025•WeSuite, System Surveyor
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Finwave Semiconductor Announces Global Distribution Agreement with RFMWMicrowave Journal•Mar 04, 2025•Finwave, RFMW
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Finwave announces global distribution agreement with RFMWSemiconductor Today•Mar 04, 2025•Finwave, RFMW
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Finwave Semiconductor Announces Global Distribution AccessibilityGlobeNewswire•Mar 03, 2025•Finwave, RFMW
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SensiML to open source Analytics Studio for TinyML code for IoT sensor appsFierceElectronics•May 30, 2024•SensiML
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Sensiml Launches First Complete Open-source Automl Solution For Edge Ai/ml DevelopmentPR Newswire•May 14, 2024•SensiML
