Secret Double Octopus

Last updated
Secret Double Octopus
Company typePrivate
IndustrySecurity Software
Founded2015
Headquarters,
USA
Area served
Worldwide
ServicesPasswordless MFA
Number of employees
50
Website Official website

Secret Double Octopus (SDO) is a cybersecurity software company specializing in phishing-resistant passwordless authentication for enterprise environments.

Contents

History

The company was founded in 2015 by a team of experienced entrepreneurs and security researchers.

The company's core product is based on proprietary password alternatives for password-based legacy systems and secure communications using secret sharing algorithms, originally developed to protect nuclear launch codes, [1] now used to prevent cyber attacks.

The company uses proprietary phone-as-a-token technology to prevent unauthorized use of systems while preventing identity theft. [2]

Product and funding

In April 2020, the company announced a $15 million Series B round to expand their passwordless authentication and remote-access security solutions for enterprises. [3] [4] Additional $15 were raised in January 2024. [5]

Awards and recognition

References

  1. "Privacy-Preserving_Secret_Shared_Computations_using_MapReduce_IEEE_TDSC".
  2. Cybersecurity co Secret Double Octopus raises $15 m, Globes
  3. Israeli startup Secret Double Octopus raises $15 m. to help end passwords, Jerusalem Post
  4. "Secret Double Octopus raises $15 million to authenticate employees without passwords". VentureBeat. 2020-04-28. Retrieved 2021-02-10.
  5. Passwordless Authentication Start-up Raises $15 million, Calcalist
  6. "Cool Vendors in Communications Service Provider Security Solutions, 2016". Gartner. Retrieved 2020-04-06.
  7. Bort, Julie. "50 startups that will boom in 2018, according to VCs". Business Insider. Retrieved 2020-04-06.
  8. Octopus, Secret Double. "Secret Double Octopus Named "Best in Class" for Enterprise Passwordless Authentication in New Aite Group Matrix Report". www.prnewswire.com (Press release). Retrieved 2021-06-27.
  9. "Passwordless Authentication Leader Secret Double Octopus Wins Esteemed 2023 SINET 16 Innovator Award". Archived from the original on 2024-09-11. Retrieved 2025-07-30.