Best Internet of Things Infrastructure Companies in Massachusetts, United States
The 61 best Internet of Things Infrastructure companies in Massachusetts, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SiGe Semiconductor.
Our analysis of 50 Internet of Things Infrastructure companies
$10.3b in tracked funding; 83% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Internet of Things Infrastructure companies in Massachusetts
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | SiGe Semiconductor RF semiconductor for wireless connectivity | $132M | 229 mo ago | 40 | Sohail Khan President & CEO | — | — | — |
| 2 | Volt Active Data Developer of a data platform for real-time streaming and decisions | $49M | 44 mo ago | 29 29 → 46 (+59%) | David Flower President & Chief Executive Officer | WordPress Site EditorWordPressPlesk+27 | — | — |
| 3 | Elemental Machines Provider of data driven drug discovery and development platform for various industries | $47M | 43 mo ago | 84 | Sridhar Iyengar Co-Founder & Chief Strategy and Technology Officer | WordPress Block EditorWordPressMySQL+18 | 72 patents Patents concentrated in electrical & electronics | — |
| 4 | Finwave Provider of 5G/6G network application services 16Funding top 29%Talent top 38%Global bottom 37%Tech bottom 29% All 6 signals ▾Fundingtop 29% Talenttop 38% Globalbottom 37% Techbottom 29% Newsbottom 21% Marketbottom 18% Funding: Raised $33.3M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 16/100 | $33M | 15 mo ago | 7 | Tomas Palacios Co-Founder | WordPressMySQLPHP+18 | — | — |
| 5 | Blues Provider of technical solutions for various industries, specializing in cellular-related problems 50Funding top 27%Tech top 28%Growth top 35%News top 45% All 10 signals ▾Fundingtop 27% Techtop 28% Growthtop 35% Newstop 45% Moatbottom 49% Talentbottom 49% Patentsbottom 48% Innovationbottom 45% Globalbottom 40% Marketbottom 34% Funding: Raised $32.0M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) Tech: 77 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare rank vs industry peers · Fliar Intelligence Index 50/100 | $32M | 12 mo ago | — | Ray Ozzie Founder & CEO | Cart FunctionalityShopifyYouTube+42 | 17 patents Modular hardware platforms enabling seamless IoT device-to-cloud data connectivity | 1 launch |
| 6 | Tego RF connectivity based chips 53Moat top 21%Growth top 35%Tech top 35%Patents top 35% All 10 signals ▾Moattop 21% Growthtop 35% Techtop 35% Patentstop 35% Fundingtop 36% Producttop 36% Innovationtop 38% Talenttop 38% Globalbottom 45% Marketbottom 22% Moat: Editorial + unicorn rating 7/10 · IP moat: 114 patents Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 53/100 | $30M | 17 mo ago | 12 12 → 25 (+108%) | Su Ahmad VP & Co-founder | WordPressMySQLPHP+24 | 114 patents RFID tag firmware enabling IoT connectivity and asset intelligence platforms | — |
| 7 | WindESCo Provider of IoT-enabled sensor solutions for wind turbines | $26M | 35 mo ago | 17 17 → 10 (-41%) | — | — | 24 patents Coordinated yaw control systems for wind farm performance optimization | — |
| 8 | Pwnie Express Threat detection of IoT & BYOD devices in enterprise | $26M | 103 mo ago | 40 | — | — | — | — |
| 9 | ThingWorx Platform to build and run applications for connected devices | $18M | 161 mo ago | 2,559 | — | — | 3 patents Patents concentrated in computing, sensing & instrumentation | — |
| 10 | Dover Microsystems Provider of embedded security IP solution for RISC-based embedded system | $16M | 35 mo ago | 11 | Bryan Berthy CEO | — | 78 patents Hardware security metadata processing and policy enforcement for secure system initialization | — |
| 11 | Kigen Provider of eSIM and iSIM solutions for connected devices 62Talent top 28%Growth top 35%Funding top 36%Tech top 43% All 9 signals ▾Talenttop 28% Growthtop 35% Fundingtop 36% Techtop 43% Marketbottom 48% Globalbottom 43% Productbottom 39% Moatbottom 38% Newsbottom 21% Talent: 4 named leaders on record · 4 C-suite/founder profiles curated Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 62/100 | $13M | 2 mo ago | 175 | John Page Co-Founder & General Counsel | WordPress Block EditorWordPressApple iCloud Mail+24 | — | 1 partnership |
| 12 | ConnectM Network of companies delivering equipment, mobility, and distributed energy solutions | $12M | 52 mo ago | 34 | Bhaskar Panigrahi Founder & Co-CEO | WordPress Site EditorWordPressMySQL+17 | — | 5 job openings · 1 expansion |
| 13 | Sensera Provider of MEMS-based sensors and modules for IoT applications | $9M | 81 mo ago | 21 | — | — | 7 patents Patents concentrated in mechanical & energy engineering | — |
| 14 | EdgeIQ Provider of device management, orchestration, and observability solutions for businesses | $8M | 37 mo ago | 7 | Michael Campbell Chief Executive Officer | — | — | — |
| 15 | Perygee Provider of a platform for embeddable IoT security solutions | $6M | 44 mo ago | 7 | — | — | — | — |
| 16 | Lexumo Vulnerability assessment & mitigation in embedded software | $5M | 125 mo ago | 15 | — | — | — | — |
| 17 | Blecon Bluetooth connectivity systems | $5M | 20 mo ago | — | Dan Ros Co-Founder | HubSpot CMS HubMaterial Design LiteZURB Foundation+19 | — | — |
| 18 | Edge Intelligence Distributed analytics platform for hybrid cloud and edge computing | $3M | 93 mo ago | 10 | — | — | — | — |
| 19 | PrismTech Wireless communications & IoT solutions | $2M | 196 mo ago | 92 | — | — | 4 patents Optimizing CORBA inter-ORB communication performance in distributed middleware systems. | — |
| 20 | Prescient Devices Provider of an IoT application development solution | $2M | 62 mo ago | 13 | Andy Wang Founder & CEO | Cart FunctionalitySquarespace CommerceSquarespace+16 | — | — |
| 21 | OnBoard Security Provider of embedded IoT security solutions | $2M | 98 mo ago | 25 | Peter Samson CEO | — | — | — |
| 22 | FAIRWAYiQ Golf course operations technology optimizing pace of play and turf | $2M | 91 mo ago | 6 | David Vanslette Founder and CEO | WebflowUnbounceVimeo+21 | 18 patents Venue management software integrating patron interaction, task scheduling, and maintenance operations | — |
| 23 | Technical Machine Hardware and software to connect everyday-use devices to web | $1M | 151 mo ago | — | Jia Huang Co-Founder | — | — | — |
| 24 | Fortifyedge AI based security solution for IoT | $120K | 88 mo ago | 6 | Peter Padd Co-Founder | — | — | — |
| 25 | Onion IoT compute platform providing drop-in solutions for connected products | $118K | 149 mo ago | 5 | — | WordPressMySQLPHP+25 | 12 patents Passwordless, context-aware authentication and secure credential-free access protocols | — |
Top 12 Internet of Things Infrastructure companies in Massachusetts
#1
Seed · Cambridge, Massachusetts · founded 2020 · 175 employees$13.4Mraised▾
Provider of eSIM and iSIM solutions for connected devices. It focuses on security-enabled IoT solutions that are designed for scalability. It enables original equipment manufacturers to implement security on leading IoT chipsets and modules, and works with major IoT and LPWAN connectivity providers across more than 200 networks.
- Apr 2026Venture Debt$13.4M
- Jun 2025Seed—
#2
Series A · Boston, Massachusetts · founded 2018$32Mraised▾
Provider of technical solutions for various industries, specializing in cellular-related problems. It enable wireless communication and cloud connectivity for physical products.
- Jun 2025Series A$8M
- May 2025Series A$25M
- Jan 2023Series A$32M
- 2020Seed—
#3
Series B · Waltham, Massachusetts · founded 2012 · 7 employees$33.3Mraised▾
Provider of 5G/6G network application services
- Apr 2025Series B$8.2M
- Mar 2025Grant (prize money)$5M
- Sep 2022Series B$15.9M
- Jun 2022Series A$14.7M
#4
Series B · Waltham, Massachusetts · founded 2007 · 12 employees$30Mraised▾
Tego has developed Tegochip which provides RF connectivity without the need of battery or power, local data storage, support for security and encryption, and the capability to power a range of sensors. The chip only relays data when asked to thus saving on battery. TegoChip incorporates an I2C bus that is compatible with a wide array of commercially available sensors and transducers. The company's semiconductor and software products are based on an extensive intellectual property portfolio that includes 27 issued patents and dozens of pending patents.
- Feb 2025Series B$3M
- Jul 2019Series B$13.8M
- Nov 2015Series A$6M
- Apr 2015Series A$2.1M
#5
Seed · Cambridge, Massachusetts · founded 2021$4.6Mraised▾
Bluetooth connectivity systems. It enables physical products to communicate with cloud applications using Bluetooth.
- Oct 2024Seed$4.6M
#6
Series B · Boston, Massachusetts · founded 2012 · 17 employees$26.4Mraised▾
Provider of IoT-enabled sensor solutions for wind turbines. It uses smart sensors, optimization algorithms, M2M communication, and IoT cloud computing to make the turbine more efficient. It has developed a platform that analyzes how wind farm operators measure and utilize the wind to maximize performance while protecting major components from damage.
- Jul 2023Series B$9M
- Feb 2022Series B$4M
- Apr 2020Series B$10M
- Feb 2020Series A$5.3M
#7
Series C · Bedford, Massachusetts · founded 2009 · 29 employees$48.6Mraised▾
Developer of a data platform for real-time streaming and decisions. The platform unifies streaming and transactional workloads, providing low latency and data consistency. It supports use cases such as fraud prevention, hyper-personalization, and private networks. The platform also supports industrial internet of things, artificial intelligence, machine learning, and business support systems.
- Oct 2022Series C$2M
- Oct 2019Series C$10M
- Jul 2017Series C$8.2M
- Jul 2015Series C$9.8M
#8
Series B · Cambridge, Massachusetts · founded 2015 · 84 employees$46.6Mraised▾
Provider of data driven drug discovery and development platform for various industries. The company offers cloud-based hardware and software that enable data-driven discovery, development, and delivery within organizations ranging from biopharma labs to biobanks, analytical labs, and manufacturers in the life sciences and beyond.
- Nov 2022Series B$41.9M
- Jan 2016Seed$2.5M
- Aug 2015Seed$2.2M
#9
Seed · Wayland, Massachusetts · founded 2017 · 11 employees$15.7Mraised▾
Provider of embedded security IP solution for RISC-based embedded systems. It offers CoreGuard silicon IP, a processor for monitoring executed instruction for ensuring it complies with a set of security, safety, and privacy rules. It serves multiple markets including fintech, semiconductor, avionics, industrial IoT, aerospace, defense, medical and automotive.
- Jul 2023Grant (prize money)$199.3K
- Apr 2021Seed$3.3M
- May 2019Seed$11.8M
- Jun 2017Seed$593K
#10
Acquired · Andover, Massachusetts · founded 1996 · 40 employees$132Mraised▾
SiGe was a provider of integrated RF semiconductor front-end solutions that enable wireless connectivity for a wide range of applications. Skyworks acquired Sige in 2011 for $275M to focus on wireless connectivity market. Sige claimed to have shipped over 750M products at the time of its acquisition. Sige initially announced it plans to go public in July 2011 but instead choose acquisition.
- May 2007Series E$20M
#11
Series A · Boston, Massachusetts · founded 2012 · 7 employees$8.5Mraised▾
Provider of device management, orchestration, and observability solutions for businesses. The company delivers workflows across device, connectivity, and data operations. It offers a single source of truth and control plane for all device operations. Operational insights, analytics, and data management are also part of the offerings. The company enables users to create and manage workflows across the entire value chain.
- May 2023Series A$150K
- Sep 2022Series A$22.7K
- Jul 2022Series A$8.5M
- Apr 2020Seed$300K
#12
Public · Marlborough, Massachusetts · founded 2007 · 34 employees$12.1Mraised▾
Network of companies delivering equipment, mobility, and distributed energy solutions. The business powers enterprises to deliver next-generation solutions. It offers hardware and software services for electric vehicle fleet management and battery diagnostics. The business provides a digital platform automating back office functions and enabling cross-selling of distributed energy solutions. It licenses data to service providers so they can perform maintenance jobs. The business offers last mile delivery software facilitating the transport of heavy goods.
- Mar 2022Series A$2.1M
- Dec 2020Series A$4M
- Jun 2007Series A$6M
Funding & investor landscape
Ascent Venture Partners2 roundsNotable founders
Market landscape — 10 sub-themes by coverage
Share of Internet of Things Infrastructure coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Iot in Massachusetts is moving
A read on the academic research around Iot in Massachusetts — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 94 papers.
MIT and UMass lead Massachusetts IoT research, optimistically advancing energy-efficient sensor networks and edge computing, with breakthroughs dominating over concerns.
- Massachusetts Institute of Technology44
- University of Massachusetts Amherst24
- University of Massachusetts Lowell12
- University of Massachusetts Dartmouth10
- University of Massachusetts Boston4
- Wireless7→13
- Key (lock)1→3
- Wireless sensor network10
- Internet of Things6
- Computer network3
- Wireless3
- Architecture3
- Internet of Things1→3
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.