Secret Double Octopus

Secret Double Octopus (SDO) is a cybersecurity software company that specializes in phishing-resistant passwordless authentication for enterprise environments. The company's core product is based on proprietary password alternatives for password-based legacy systems and secure communications using secret sharing algorithms, originally developed to protect nuclear launch codes.[1] SDO uses proprietary phone-as-a-token technology to prevent unauthorized use of systems while preventing identity theft.[2]

History

The company was founded in 2015 by a team of experienced entrepreneurs and security researchers.

In April 2020, the company announced a $15 million Series B round to expand their passwordless authentication and remote-access security solutions for enterprises.[3][4] Additional $15 million were raised in January 2024.[5]

Awards and recognition

  • Gartner 'Cool Vendor' in 2016[6]
  • "50 startups that will boom according to VCs", Business Insider [7]
  • "Best in Class" for enterprise passwordless authentication by the Aite Group.[8]
  • 2023 SINET 16 Innovator Award[9]

References

  1. Privacy-Preserving_Secret_Shared_Computations_using_MapReduce_IEEE_TDSC^
  2. Cybersecurity co Secret Double Octopus raises $15 m, Globes^
  3. Israeli startup Secret Double Octopus raises $15 m. to help end passwords, Jerusalem Post^
  4. Secret Double Octopus raises $15 million to authenticate employees without passwords VentureBeat, 2020-04-28, retrieved 2021-02-10^
  5. Passwordless Authentication Start-up Raises $15 million, Calcalist^
  6. Cool Vendors in Communications Service Provider Security Solutions, 2016 Gartner, retrieved 2020-04-06^
  7. Julie Bort. 50 startups that will boom in 2018, according to VCs Business Insider, retrieved 2020-04-06^
  8. Secret Double Octopus. Secret Double Octopus Named "Best in Class" for Enterprise Passwordless Authentication in New Aite Group Matrix Report www.prnewswire.com, retrieved 2021-06-27^
  9. Passwordless Authentication Leader Secret Double Octopus Wins Esteemed 2023 SINET 16 Innovator Award retrieved 2025-07-30^