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Particle, Inc.: Business Overview, Financials & Competitive Analysis

Particle provides an integrated IoT Platform-as-a-Service that helps businesses connect, manage, and deploy software applications to connected devices, from edge to cloud and back. Over 240k developers and 160+ Enterp...

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AskCyborg analysts argue the bull and bear cases for Particle, Inc. across 11 stress-tested dimensions. Listen on your commute -- faster than reading the 30-page report.

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What's in This Report
Particle, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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7/ 10Strong

Cyborg Score thesis

Particle is a market-leading IoT platform benefiting from accelerating enterprise connected device adoption, now with expanded...

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Industry IoT platform-as-a-service
6 named competitors
1 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: July 13, 2026
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Particle, Inc. Overview

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Particle provides an integrated IoT Platform-as-a-Service that helps businesses connect, manage, and deploy software applications to connected devices, from edge to cloud and back. Over 240k developers and 160+ Enterprise customers are building on Particle, from fast-growing startups to Fortune 100 companies. In January 2026, Particle was acquired by Digi International.

Strategic Profile

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Particle provides developers with tools to prototype IoT solutions quickly as well as a reliable and secure platform for enterprises to scale, with over 150,000 product builders in more than 170 countries and half of the Fortune 500 deploying connected IoT devices powered by Particle. High-profile customers include NASA, SpaceX, Jacuzzi, and Keurig.

Competitive Landscape

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Particle competes in the crowded IoT platform-as-a-service market against specialized cloud IoT providers, general cloud platforms, and embedded connectivity startups. Key competitors include AWS IoT Core, Azure IoT Hub, and Google Cloud IoT, as well as niche IoT platforms like Losant and Helium.

Industry Context

Particle, Inc. operates in IoT platform-as-a-service.

Key facts

Founded: 2012 · Headquarters: San Francisco, US

What the analysts stress-tested

The top findings that survived the multi-agent debate for Particle, Inc..

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

AWS IoT CoreCloud IoT platform for device connectivity and management→Azure IoT HubCloud-based IoT device platform and management service→Google Cloud IoTCloud IoT device connectivity and management platform→VeloticIndustrial IoT platform combining Proficy, Kepware, and ThingWorx for process automation and device connectivity→CumulocityIndustrial IoT platform for device management and application enablement→ExositeIndustrial IoT platform for device connectivity and cloud analytics→

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Industry context

Particle, Inc. operates in IoT platform-as-a-service. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Particle, Inc. do?+
Particle provides an integrated IoT Platform-as-a-Service that helps businesses connect, manage, and deploy software applications to connected devices, from edge to cloud and back. Over 240k developers and 160+ Enterp...
What is Particle, Inc.'s Cyborg Score?+
Particle, Inc. has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Particle, Inc.'s main competitors?+
Named competitors include AWS IoT Core, Azure IoT Hub, Google Cloud IoT, Velotic. The full competitive landscape is in the AskCyborg report.
How can I get the full Particle, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Particle, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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