Company Research Report: Secret Double Octopus

Company Overview

• Name: Secret Double Octopus

• Mission: Secret Double Octopus aims to eliminate passwords from daily work environments, creating a more secure and user-friendly ecosystem for organizations while enhancing the user experience for employees. Their mission is to transition enterprises to a completely passwordless reality, urging the shift to happen now.

• Founded By: The company was founded by renowned cryptography researchers and experienced cybersecurity engineers (specific founders not individually named).

• Key People:

• Raz Rafaeli, Co-Founder, CEO & CRO

• Chen Tetelman, Co-Founder & CTO

• Shimrit Tzur-David, Co-Founder & CSO

• Yair Averbuch, CFO & COO

• Farzad Tari, EVP Global Business Development

• Michael Kletskin, VP R&D

• Amit Lavi, VP Customer Success

• Or Finkelstein, Head of Marketing

• Headquartered: 1600 El Camino Real, Suite 280, Menlo Park, CA, 94025

• Number of Employees: No information is available.

• Revenue: No information is available.

• Company Specialization: Secret Double Octopus is known for deploying the Octopus Authentication Platform, which provides an enterprise-wide Passwordless Multi-Factor Authentication (MFA) solution.

Products

• Products Offered:

• Octopus Platform

• A comprehensive MFA platform covering desktop, web, and corporate applications, offering passwordless authentication.

• Octopus Starter

• Traditional MFA with passwords, with the flexibility to transition to passwordless. It covers cloud/web applications, VPN, and VDI.

• Octopus Pro

• Extends to phishing-resistant FIDO2 key authentication for Windows, MAC, and corporate applications.

• Octopus Enterprise

• Full passwordless MFA for the entire workforce, providing robust and proven authentication solutions.

• Key Features:

• Passwordless MFA capabilities.

• Flexibility for enterprise-wide deployment.

• Integration with existing identity workflows without infrastructure changes.

• Phishing-resistant and highly secure authentication system.

• Support for non-SAML enabled applications.

• Deployment options through Octopus Cloud SaaS or a self-managed on-premises virtual appliance.

Recent Developments

• Recent Developments:

• Strategic investment by SBI Holdings to expand global operations.

• Appointment of Timothy Youngblood to the Board of Directors.

• Completion of a Series C funding round to foster global expansion of its passwordless technology.

• Recognition as a leader in passwordless authentication, including winning the 2023 SINET16 Innovator Award.

• New partnerships with companies like KDDI Digital Security in Japan and collaborations with technology partners such as ForgeRock and Wipro.

• Elevated mobile push authentication to the highest assurance level.

• New Products and Features:

• No information is explicitly available regarding new product launches beyond the improvements in existing platforms and features.

• Partnerships:

• Secret Double Octopus has formed strategic partnerships with major tech and security companies like ForgeRock, KDDI Digital Security, and Wipro to enhance and expand the adoption of passwordless authentication services globally.

Please note that this report was generated using available information, and certain sections cannot be filled due to lack of data in the provided material.