MENLO PARK, CA, Secret Double Octopus, the market leader in Passwordless solutions for the enterprise workforce, announced today the successful closure of a Series C funding round.
Since 2022, the company has raised another $15 million in capital, including this most recent equity round led by BGV. The investment, which has the backing of both new and existing strategic investors including JVP, SCV & KDDI, will help the company satisfy the increasing demand for its workforce-centered Passwordless authentication solution.
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.
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