Top 10 Internet of Things (IoT) Startups You Need to Know

The list of top 10 IoT startups that have been successful with their products so far.

By Shashank Dave Last updated May 2, 2019

We are living in an era where people are after the latest trends in the field of innovation that can ease the tasks that were once considered trivial. The onset of the Internet of Things (IoT) fuelled by the creative minds at work has facilitated the ability to turn ordinary devices to smart.

And the best part about it is that it isn’t just the big corporates that are paving the way for this new technological wonder, but young and new creative minds have started to put in the effort to scale this particular area creating new startups that have seen some of the biggest surges in the markets.

A successful IoT startup is one in which the business model has succeeded in meeting the demands of the customer and the effectiveness of the product. And here we combine the list of top 10 IoT startups that have been successful with their products so far.

Particle | Founded in November 2012

Particle is a cutting edge Internet of Things platform that enables various institutions to form and vary the connectivity across various processes. They undergo this process by the use of scalable APIs and other resources used to develop the required software.

Particle is so successful that half of the Fortune 500 companies have utilized the services provided by this startup to fuel the connectivity between various devices. These companies include giants like NASA and SpaceX.

They provide their clients with tools that undergo solutions in the fastest and the most secure way possible.

Myriota | founded in 2015

The biggest #space R&D investment in #Australia‘s history was announced today. @CIO_Australia & @MyriotaGlobal CEO Alex Grant share how the SmartSat CRC will support research communities to develop new tech that addresses real world needs: https://t.co/FKf4awLq6x #Myriota #IoT pic.twitter.com/ChgSllyI6p

— Myriota (@MyriotaGlobal) April 15, 2019

Myriota has been recently on news due to its innovative advances in the field of Internet of Things with the help of ultra-low-cost satellites. In fact, they are working in alliance with the SpaceX program and have even launched a Nanosatellite into space with the help of the Falcon 9 rocket of the SpaceX program in December 2018.

They use the Low Earth Orbit satellite spectrum to tackle and fire up its connectivity solutions and has emerged in recent years as the global leaders in providing low-cost satellite connectivity and other services.

Highway1: | founded in 2013

Highway1 is a hardware startup accelerator that helps support new hardware companies by increasing their fundraising campaigns, speeding up their product launch, and supporting all stages of development. Their distinctive field of expertise has made Highway1 one of the best IoT startups in the hardware sector.

They provide a solid and effective working business model suitable for the hardware companies and help them in executing the goals of the latter.

Element Analytics | Founded in 2014

Element Analytics is one of the established startups that has pioneered in the fields of chemicals and its refining, the manufacturing sector, production of paper and pulp, mining and metal extraction, and in the field of oil and gas. They collect and sort industrial time series data and compare it with the analytical context to generate better insights into the productivity and sustainability of both its products and the operations.

The main aim is to increase the efficiency of the production and the quality of its products.

MagicCube | Founded in 2014

MagicCube is an IoT startup that focuses on the field of security on devices, cloud and other networks within an institution. It is a device independent platform that extends its protection with the ultimate level of security against all sorts of attacks.

It has the ability to secure digital transactions carried out by a particular device and in the cloud systems with a high level of security as hardware solutions without the expense associated with the aforementioned deployments.

Zuli | Founded in 2012

Zuli is an IoT startup that aims to make smart plugs for homes. The fact that they have tie-ups with various brands like Nest have eased the way in which this device sets up a connection between them. The application that comes with the smart plug lets the user control the appliances using a mobile app.

Karamba Security | Founded in 2015

Karamba Security is an Internet of Things startup in the field of automobiles and vehicles. Its main aim is to provide security to the connected vehicles in the field. They have a patented technology where they protect a vehicle from IoT-based attacks by locking the connection or IP address through an Electronic Control Unit (ECU).

You don’t need extensive internet connectivity between the entire fleet of vehicles to implement the security solutions provided by Karamba.

Armis | Founded in 2015

Armis is a cutting edge security solutions IoT startup that helps in maintaining all the unmanaged devices that enter into a business environment. This enterprise detects and gains control of devices such as smartphones, smart cameras, printers, smartwatches, tablets and even Amazon Echo devices that enter its designated area.

Their security measures have earned them a reputable space among the leading IoT startups across the globe.

MachineMetrics | Founded in 2014

When it comes to infusing the progress in the field of Artificial Intelligence and the current growth of the Internet of Things systems to boost the product quality and the performance within a manufacturing establishment, MachineMetrics has quite proved its mettle.

It has helped heavy equipment builders and manufacturers a platform to scale and evaluate their work-related data to increase their efficiency. The integration of Artificial Intelligence to predict and also to prescribe alerts and other valuable info to the manufacturers has quite proven the reasons for their startup’s success.

Plum | Founded in 2012

Plum is an IoT startup that helps in increasing and improving the connectivity within smart lightings within your house. With the basic requirement of a WiFi connection, the Plum can manage and operate the various lighting within your home with just using your smartphone.

The multifunctional touchpad and user interface that comes with the mobile app can do a lot of things which range from controlling the light intensity to optimal lighting solutions to reduce the power consumption.

Conclusion

IoT or Internet of Things is being used on a global scale, on a variety of fields. And the IoT startups like these pave the way for more devices, new technologies, and future innovations. As the users of this technology, we should support them so that they can strive for more, ultimately, contributing to the consumers themselves!