Top Qs
Timeline
Chat
Perspective
Secret Double Octopus
Israeli software company From Wikipedia, the free encyclopedia
Remove ads
Secret Double Octopus (SDO) is a cybersecurity software company specializing in passwordless authentication for enterprise environments.[1]
Remove ads
History
The company was founded in 2015 by a team of entrepreneurs and security researchers from Ben-Gurion University of the Negev in Beersheba. The team was led by Prof. Shlomi Dolev and Dr. Shimrit Tzur-David.[2][3]
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,[4] now used to prevent cyber attacks. Secret Double Octopus' technology is regarded as a universal replacement for passwords, OTPs, physical security keys, smart cards, and other authentication mechanisms.
The company uses proprietary phone-as-a-token technology to prevent unauthorized use of systems while preventing identity theft.[5]
Secret Double Octopus has offices in Europe and the U.S. Its headquarters are in Tel-Aviv and Palo Alto, California.
Remove ads
Product and funding
The company offers an enterprise authentication platform that covers on-premises assets, cloud applications, remote tools (e.g. VPNs and RDPs), desktop/laptop workstation authentication and an authenticator app for passwordless authentication or multi-factor authentication.
The company raised a $6 million A round from JVP, Iris Capital, Liberty Israel and Benhamou Global Ventures.[6]
In April 2020, the company announced a $15 million Series B round to expand their passwordless authentication and remote-access security solutions for enterprises.[7][8] The new round brings the company's total funding to $22.5 million.[9]
Remove ads
Awards and recognition
Double Octopus was named a Gartner 'Cool Vendor' in 2016[10] and in 2017, Business Insider listed it on its "50 startups that will boom according to VCs".[11]
In 2021 the company was named "Best in Class" for enterprise passwordless authentication by the Aite Group[12]
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads