The company Slack turned to after hacking raised $ 30 million
Duo Security, a company developing a two-factor authentication system for corporate clients, raised $ 30 million at the next stage of financing. The round led the Redpoint Ventures Foundation.
Duo Security developments provide large companies with a platform for two-factor authentication of employees. Anyone who works in the company must not only enter a name and password, but also confirm their identity using a personal device.
Today, 6,000 organizations use Duo Security services. Slack, a collaboration chat developer, turned to Duo Security after a hack in February , when user data and chat were at risk.
The total investment in Duo Security since 2010 has been $ 48 million. Last September, the company raised $ 12 million. Funds are needed for further development: “The security industry, as it exists today, is already broken,” said a company representative.
Duo Security developments provide large companies with a platform for two-factor authentication of employees. Anyone who works in the company must not only enter a name and password, but also confirm their identity using a personal device.
Today, 6,000 organizations use Duo Security services. Slack, a collaboration chat developer, turned to Duo Security after a hack in February , when user data and chat were at risk.
The total investment in Duo Security since 2010 has been $ 48 million. Last September, the company raised $ 12 million. Funds are needed for further development: “The security industry, as it exists today, is already broken,” said a company representative.