Particle Industries, Inc. — Cyborg Score 7/10

Strong
IoT platform-as-a-service (PaaS)

Strategic Profile

Particle was acquired by Digi International on January 27, 2026. The company is used by customers throughout the globe including companies like Keurig, Grainger and Briggs Healthcare. Particle is the leading application infrastructure for intelligent devices, helping thousands of companies bring intelligence to the edge, providing everything needed to deploy software and models to an Edge AI, edge computing, or IoT product in one tightly-integrated platform.

Cyborg Score Rationale

Particle demonstrates strong market positioning as a leading IoT platform-as-a-service provider with enterprise customers and significant funding ($135M raised). The January 2026 acquisition by Digi International validates the platform's strategic value, though post-acquisition integration and performance metrics remain to be demonstrated under new ownership.

Top Insights

  • (January 2026) Acquired by Digi International to accelerate ARR growth and strengthen embedded-as-a-service offerings
  • Launched OTA Asset, a product that manages over-the-air updates for Particle boards and secondary devices
  • Launched Tachyon, a 5G and AI-enabled single-board computer powered by Qualcomm Snapdragon, which raised nearly $520,000 via Kickstarter crowdfunding at $149 per unit
  • Partnership with Edge Impulse, a machine learning development platform, to integrate ML capabilities into the IoT ecosystem

Named Competitors

  • ThingWorx — Industrial IoT platform for enterprise connectivity and management
  • Azure IoT Hub — Cloud IoT platform for device connectivity and management
  • AWS IoT Core — Managed cloud platform for IoT device connectivity
  • Oracle IoT Cloud — Cloud-based IoT platform-as-a-service for device management and data analytics
  • Cumulocity — IoT device management and monitoring platform supporting multivendor edge-to-cloud architecture
  • Google Cloud IoT — Google Cloud's managed IoT platform for connecting and managing IoT devices at scale

Recent Developments

  • (January 2026) Acquired by Digi International for undisclosed terms
  • (August 2024) Tachyon AI single-board computer launched with octa-core processor, 5G, and Wi-Fi 6E capabilities
  • (October 2024) Strategic partnership announced with ByteSnap Design to accelerate IoT innovation
  • (November 2024) Filed notice of exempt offering to raise $12.4M in new equity investment

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