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Secret Double Octopus, Renowned Leader in Enterprise Workforce Authentication, Secures a Series C Funding Round to Propel Global Expansion of Innovative Passwordless Technology

PRIVATEJan 16, 2024

Amount Raised

$15 Million

Round Type

Series C

Menlo ParkSecurity

Investors

KddiScvJvpBgv

Description

Secret Double Octopus announced the successful closure of a Series C funding round, raising $15 million in capital led by BGV, with backing from new and existing strategic investors including JVP, SCV & KDDI, to propel global expansion of innovative Passwordless technology.

Quick answer

Secret Double Octopus raised $15 Million in a Series C round, dated January 16, 2024. Investors: Kddi, Scv, Jvp and Bgv. Secret Double Octopus is based in Menlo Park, California, United States.

How much did Secret Double Octopus raise?
Secret Double Octopus raised $15 Million in a Series C round on January 16, 2024.
Who invested in Secret Double Octopus?
Kddi, Scv, Jvp and Bgv are named as investors in this round.
What does Secret Double Octopus do?
Secret Double Octopus is a leader in next-generation workforce authentication solutions.
Where is Secret Double Octopus based and how big is it?
Secret Double Octopus is based in Menlo Park, California, United States.
Who are the decision-makers at Secret Double Octopus?
Fundz holds 1 contact at Secret Double Octopus. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security around the same time

Companies in the same sectors as Secret Double Octopus that raised within 45 days of this round, from Fundz verified event records.

  • SCATR raised $5M (Seed) on February 29, 2024.
  • Venus Concept Inc. raised $1.1M (Seed) on February 27, 2024.
  • Ondas raised $4.5M (Seed) on February 26, 2024.
  • BreachBits, Inc. raised an undisclosed amount (Seed) on February 26, 2024.
  • Prowler raised $6M (Seed) on February 26, 2024.
  • Rocket Lab Corporation raised $120M (Funding Round) on February 20, 2024.

Who to call at Secret Double Octopus, and when

A new round usually means Secret Double Octopus is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Secret Double Octopus

Location

Menlo Park, California, United States

About

Secret Double Octopus is a leader in next-generation workforce authentication solutions. The Octopus platform enables organizations to bolster security while making the authentication experience seamless and universal for employees. Secret Double Octopus’ solution is remarkably unique in 3 key areas: the range of enterprise use cases covered, ease of deployment on any infrastructure, and the customized transition options to being fully Passwordless. Fortune 100 enterprises and mid-sized companies use the Octopus platform to manage all employee authentications for better security, better productivity, and lower costs. The company has been designated a Gartner "Cool Vendor," named “Best-in-Class" Passwordless provider by AITE Group, and a 2023 SINET16 Innovator.

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Secret Double Octopus raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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