Secret Double Octopus

Passwordless Authentication Solution

Cyber Security
Private

Company Overview

Snapshot

Founded in May 2015 by Raz Rafaeli and Shimrit Tzur-David, Secret Double Octopus operates with 11–50 employees. The company has raised a total of $41.5 million across 7 funding rounds from 13 investors. In January 2024, Secret Double Octopus secured a Series C funding round to support its global expansion.

Business overview

Secret Double Octopus provides a passwordless multi-factor authentication (MFA) platform designed to enhance security and streamline user access for enterprises. Its core technology focuses on eliminating passwords across various workforce use cases, offering a progressive path from MFA to end-to-end unified passwordless authentication. The company serves mid-market to Fortune 100 enterprises, operating within the Cyber Security sector, specifically in Identity Security, and leveraging Platforms & Interfaces, Software, and Mobile technologies. Secret Double Octopus aims to enable compliance and reduce cyber insurance premiums through its phishing-resistant solutions.

Strategic signal

In October 2024, Secret Double Octopus secured a strategic investment from. This investment signals strong market validation for its technology and a strategic push into new international markets, particularly as demand for robust, phishing-resistant authentication solutions continues to grow.

Company Intelligence Q&A

What was a significant recent strategic investment for Secret Double Octopus?
In October 2024, Secret Double Octopus secured a strategic investment from.
When did Secret Double Octopus secure its Series C funding round?
Secret Double Octopus secured a Series C funding round in January 2024, with lead investor Benhamou Global Ventures, to support the global expansion of its innovative passwordless technology.
Has Secret Double Octopus formed any recent strategic partnerships?
In September 2022, Secret Double Octopus announced a strategic partnership with PwC India to promote passwordless and desktop MFA for compliance.
What recognition did Secret Double Octopus receive in 2023?
Secret Double Octopus won the esteemed 2023 SINET16 Innovator Award in September 2023, recognizing its leadership in passwordless authentication.
When did Secret Double Octopus partner to offer passwordless authentication in Japan?
In August 2023, Secret Double Octopus and KDDI Digital Security signed an agreement to offer passwordless authentication services in Japan.

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