New

aDolus Technology Inc.

The AI engine Fit Assessment

Beta

aDolus develops tools for industrial cybersecurity, focuses on critical infrastructure, and emphasizes supply chain resilience.

Blurb

aDolus provides a cloud platform to safeguard critical infrastructure, brokering information about ICS and IoT software and firmware.

HQ Location

Victoria (Canada)

Founded

2017

Employees

11 - 50

Total funding raised

$3.52M

Funding Status

Acquired by Exiger, July 2024

aDolus provides a cloud platform to safeguard critical infrastructure, brokering information about ICS and IoT software and firmware. There is a $13 billion dollar industry for protecting PC endpoints, but there’s no similar ecosystem for protecting the smart devices used in industries such as energy, medical, and transportation. Multiple vendors, platforms, and geographic locations make the problem complex, yet growing threats to systems and human safety make the need for a solution urgent. Regulation is accelerating this need. With over 50 billion devices connected to the internet, the security market for IoT is projected to reach $74 billion by 2026. This creates a massive opportunity to help critical sectors secure their smart devices. We estimate the annual TAM to be $920 million for the industrial sector alone. The medical, transportation, automotive, and defense sectors present further opportunities.aDolus is the first to market with a solution to analyze and authenticate device software. Early momentum and deep industry ties have yielded a growing database of 32 million records. Our vendor-agnostic platform positions aDolus to capture this lucrative and under-served market.