Secret Double Octopus raised additional equity funding in the second tranche of its Series C led by SBI Holdings to accelerate the delivery of its passwordless authentication solutions in new markets.
Secret Double Octopus raised additional equity funding in the second tranche of its Series C led by SBI Holdings to accelerate the delivery of its passwordless authentication solutions in new markets.
10/29/24, 3:04 PM
Location
menlo parkIndustry
security
Round Type
series c
Investors
Sbi Holdings
Secret Double Octopus announced the successful raising of additional equity funding as part of the second tranche of its Series C. These new funds will be utilized to expand the reach of its transformative passwordless authentication platform.
Company Info
Location
menlo park, california, united states
Additional Info
Secret Double Octopus is a leader in next-generation workforce authentication solutions. The Octopus platform enables organizations to bolster security while making the authentication experience seamless and universal for employees.
Secret Double Octopus’ solution is remarkably unique in 3 key areas: the range of enterprise use cases covered, ease of deployment on any infrastructure, and the customized transition options to being fully Passwordless. Fortune 100 enterprises and mid-sized companies use the Octopus platform to manage all employee authentications for better security, better productivity, and lower costs. The company has been designated a Gartner "Cool Vendor," named “Best-in-Class" Passwordless provider by AITE Group, and a 2023 SINET16 Innovator.