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Secret Double Octopus closes cloaked series C fundraise amid passwordless tailwind
Jan. 16, 2024, 10:35 p.m. | Jim Nash
Biometric Update www.biometricupdate.com
A series C round has been closed by Secret Double Octopus, maker of enterprise workforce Passwordless MFA authentication software.
SDO executives have not said how big the funding was, only saying that the company has raised $15 million since 2022.
Everyone involved might be swinging with the wind. A new market analysis by SNS Insider says the FIDO authentication market will grow 22.8 percent from 2023 to 2030. SDO is an associate level member in the FIDO Alliance.
The …
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