Fundz

Secret Double Octopus raised additional equity funding in the second tranche of its Series C led by SBI Holdings to accelerate the delivery of its passwordless authentication solutions in new markets.

PRIVATEOct 29, 2024

Round Type

Series C

Menlo ParkSecurity

Investors

SBI Holdings

Description

Secret Double Octopus announced the successful raising of additional equity funding as part of the second tranche of its Series C. These new funds will be utilized to expand the reach of its transformative passwordless authentication platform.

Quick answer

Secret Double Octopus raised an undisclosed amount in a Series C round, dated October 29, 2024. Investors: SBI Holdings. Secret Double Octopus is based in Menlo Park, California, United States.

How much did Secret Double Octopus raise?
Secret Double Octopus raised an undisclosed amount in a Series C round on October 29, 2024.
Who invested in Secret Double Octopus?
SBI Holdings is 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.

  • Refute raised $2.9M (Pre-Seed) on December 13, 2024.
  • Sublime Security raised $60M (Series B) on December 12, 2024.
  • ETHIACK raised $4.2M (Seed) on December 12, 2024.
  • Flare raised $30M (Series B) on December 11, 2024.
  • Tuskira raised $29M (Funding Round) on December 4, 2024.
  • Axiado raised $60M (Series C) on December 4, 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.

  • An alert the day Secret Double Octopus raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Secret Double Octopus, from your own LinkedIn network

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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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