Secret Double Octopus

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Secret Double Octopus
Company typePrivate
IndustrySecurity Software
Founded2015
Headquarters
Palo Alto, CA
,
USA
Area served
Worldwide
ServicesPasswordless MFA
Number of employees
50
WebsiteOfficial website

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

History

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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

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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

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  • Gartner 'Cool Vendor' in 2016[6]
  • "50 startups that will boom according to VCs", Business Insider [7]
  • "Best in Class" for enterprise passwordless authentication by the Aite Group[8].
  • 2023 SINET 16 Innovator Award[9]

References

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  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.


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