Secret Double Octopus was featured in Forbes again, as one of the Israeli startups helping businesses to adopt passwordless authentication using its passwordless authenticator solution.
To read the full article, please click here.
Excerpt from the posted article:
“Another fast growth, VC-funded security firm benefiting from the new era of the distributed workforce is Secret Double Octopus. Based in Beersheba, in Israel, it enables businesses to adopt passwordless authentication using its passwordless authenticator solution. From being named a Gartner ‘Cool Vendor’ in 2016, its third-generation platform is now serving mid-sized to Fortune 500 customers around the globe.
“Unfortunately, a situation like a pandemic, where people are working from home, encourages malicious actors and makes them more resourceful and aggressive,” says CEO and cofounder Raz Rafaeli. “This has sparked a huge amount of interest in passwordless technology, especially for the remote workforce. Our solution not only removes the threat of most corporate cyber-attacks but also makes authentication throughout the enterprise easier and faster for all parties, IT teams, and end-users.”
Secret Double Octopus has raised a total of $22.5 million, including a $15 million Series B round from corporate venture funds Sony Financial Ventures, KDDI, and Global Brain, in April.
COVID-19’s impact on people’s lives has accelerated digital transformation in many areas of business, and tech startups that can innovate responsively are benefiting tremendously.”
