Secret Double Octopus
Secret Double Octopus is a cybersecurity software company specializing in phishing-resistant passwordless authentication for enterprise environments.
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, 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.
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. Additional $15 million were raised in January 2024.Awards and recognition
- Gartner 'Cool Vendor' in 2016
- "50 startups that will boom according to VCs", Business Insider
- "Best in Class" for enterprise passwordless authentication by the Aite Group.
- 2023 SINET 16 Innovator Award