Security News > 2020 > April > Secret Double Octopus raises $15M to address the need for passwordless enterprise authentication

Secret Double Octopus the pioneer of passwordless enterprise authentication, announced the closing of a $15 million Series B round to address the rapidly growing need for passwordless authentication and remote-access security in enterprise environments.

Secret Double Octopus is considered a global leader in password elimination solutions.

As a result of the growing threat aimed at enterprise credentials, passwordless authentication is rapidly becoming the new standard of authentication.

"We look forward to supporting Secret Double Octopus as it strives to eliminate passwords from user authentication and continues to secure enterprise remote access with its state-of-the-art, passwordless technology."

"This investment is further proof of the market need for our innovative product. It is now more important than ever to implement simple, fast solutions like ours that bolster security while simultaneously increasing employee productivity by eliminating the hassle and costs associated with password management," said Raz Rafaeli, CEO and Co-Founder of Secret Double Octopus.

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