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Secret Double Octopus

Israeli software company From Wikipedia, the free encyclopedia

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

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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]

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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

  • 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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