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Secret Double Octopus
The passwordless authentication solution for the enterprise
About Secret Double Octopus
Secret Double Octopus is a cybersecurity company that specializes in passwordless authentication for the workforce. The company offers the Octopus Authentication Platform, which is designed to provide a high level of security and a frictionless user experience for employees of mid-market to Fortune 100 enterprises.
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The platform's core technology is based on secret sharing algorithms, which eliminate the need for passwords and protect against phishing attacks. It provides a unified authentication solution that covers a wide range of use cases, including access to cloud applications, legacy systems, and workstations. The business model is likely a subscription-based service (SaaS) where clients pay for access to the authentication platform for their employees.
Secret Double Octopus serves clients who are looking to enhance their security posture by moving away from traditional password-based authentication methods. The company operates in the global cybersecurity market, with a focus on identity and access management (IAM). By removing the password, the company aims to reduce the risks associated with credential theft and improve the overall security and productivity of its clients.
At a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Tel Aviv-Yafo, Israel
- Employees
- 35
- Open positions
- None listed
- Dealroom signal
- 69.5/100
- Industry
- Security
- Sub-industry
- Identity & Access
- Sector
- Encryption, Cloud Security, Identity Management, Data Protection, Network Security, Cybersecurity, Hard Tech
- Technology
- IoT InternetOfThings
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Oct 2024 | — | — | Benhamou Global Ventures · SBI Group · Jerusalem Venture Partners · Space Center Ventures | ↗ |
| SERIES C✓Equity / VC | Jan 2024 | $15M | $60M | KDDI · Space Center Ventures · Benhamou Global Ventures · Jerusalem Venture Partners | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Secret Double Octopus is 19K monthly website visits, down 20.8% over the last three months. Secret Double Octopus's team declined 10.3% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A10 investors entered at this stage
Benhamou Global Ventures
Yaniv Tal
IRIS
Jerusalem Venture Partners
Liberty Israel Venture Fund
KDDI
Global Brain Corporation
Sony Financial Ventures
Liberty Media
SC Ventures
Series B and later2 investors entered at this stage
- SVSpace Center Ventures
SBI Group
Other known investors2 additional known investors
KDDI Open Innovation Fund
Yaron Rosenbaum
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Secret Double Octopus on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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