Duo Security
Founded Year
2009Stage
Acquired | AcquiredTotal Raised
$121.5MValuation
$0000About Duo Security
Duo Security provides a software-as-a-service (SaaS) information security platform for organizations to defend against breaches. Specifically, Duo Security is a provider of unified access security and multi-factor authentication delivered through the cloud.The company verifies the identity of users, and the health of their devices, before granting them access to applications.
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Research containing Duo Security
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Duo Security in 1 CB Insights research brief, most recently on Mar 26, 2020.
Expert Collections containing Duo Security
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Duo Security is included in 3 Expert Collections, including Regtech.
Regtech
1,341 items
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.
Conference Exhibitors
5,302 items
Cybersecurity
4,937 items
Duo Security Patents
Duo Security has filed 75 patents.
The 3 most popular patent topics include:
- Computer network security
- Computer security
- Cryptography
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
5/14/2019 | 2/21/2023 | Protective service occupations, Data management, Information privacy, Data laws, Privacy | Grant |
Application Date | 5/14/2019 |
|---|---|
Grant Date | 2/21/2023 |
Title | |
Related Topics | Protective service occupations, Data management, Information privacy, Data laws, Privacy |
Status | Grant |
Latest Duo Security News
Feb 27, 2023
Few organizations use a single cloud infrastructure vendor, and figuring out how to configure security across multiple clouds can be a challenge for companies. Cisco announced over the weekend that it intends to acquire Valtix , a startup that helps companies secure their environments across multiple clouds. The terms of the deal were not disclosed, which means it’s not a large enough transaction to have to be reported by a public company. Perhaps it’s not a coincidence that Cisco was an investor in the company, so has seen the company personnel and the product up close. “As a strategic investor in Valtix since 2020, Cisco supports Valtix’s commitment to simplify network security, protecting workloads no matter which cloud they are created or consumed in,” Cisco security business group SVP and chief product officer Raj Chopra wrote in a blog post announcing the deal. “With their cloud-native, easy-to-use control plane, they enable customers with common policy and enforcements of networking across all major public cloud environments,” he added. It’s not hard to see what Cisco likes about this company, especially as it relates to network security in a modern context, an area that Cisco has been trying to get into increasingly as it moves from a pure networking company to one that tries to focus more on software services and the cloud, chiefly through acquisition. Valtix should fit in with other security company acquisitions in recent years including Duo Security in 2018 and Kenna Security in 2021. Valtix launched in 2020. It raised over $26 million along the way, per Crunchbase , including a $12.5 million Series A in 2021 in which Cisco Investments participated. The companies expect the deal to close by the end of Q3 FY2023. For context, Cisco most recently announced Q2 FY2023 earnings on February 15th, so that would be by the next quarterly report if there are no roadblocks. Should all go smoothly, Valtix will be folded into Cisco’s security business group upon closing.
Duo Security Frequently Asked Questions (FAQ)
When was Duo Security founded?
Duo Security was founded in 2009.
Where is Duo Security's headquarters?
Duo Security's headquarters is located at 123 North Ashley Street, Ann Arbor.
What is Duo Security's latest funding round?
Duo Security's latest funding round is Acquired.
How much did Duo Security raise?
Duo Security raised a total of $121.5M.
Who are the investors of Duo Security?
Investors of Duo Security include Cisco, True Ventures, Redpoint Ventures, Lead Edge Capital, Index Ventures and 10 more.
Who are Duo Security's competitors?
Competitors of Duo Security include Imageware, Netskope, ForgeRock, Ping Identity, Ironchip, Secfense, Prove Identity, JumpCloud, OneLogin, Auth0 and 12 more.
Compare Duo Security to Competitors
JumpCloud is a cloud-based on-prem directory platform that secures identities, manages devices, and provides safe access to all types of IT resources - on-prem, in the cloud, across Windows, Mac, or Linux. The company serves IT departments in businesses across a variety of industries. JumpCloud was formerly known as SafeInstance. The company was founded in 2012 and is based in Louisville, Colorado.
Delinea provides privileged access management (PAM) solutions for modern, hybrid enterprises. Its solutions secure critical data, devices, code, and cloud infrastructure to help reduce risk, ensure compliance, and simplify security. The company's customers range from small businesses to large financial institutions, intelligence agencies, and critical infrastructure companies. Delinea was formerly known as Centrify and rebranded in April 2021 as part of its merger with Thycotic Software. Delinea was founded in 2004 and is based in Redwood City, California.
ReachFive is a customer identity management platform. ReachFive's Customer Identity and Access Management (CIAM) platform offers taspectrum of capabilities related to delivering a secure, seamless, and personalized customer experience. Businesses can allow customers to securely register, authenticate, and manage identities across multiple channels; collect rich demographic and behavioral profile information from the customers' social login or registration method; and turn that information into insightful data for marketing, web analytics, targeting, CRM, and eCommerce.
SurePassID a provider of identity, access management, cloud and mobile security solutions.
WorkOS provides APIs to make applications enterprise-ready, with pre-built features and integrations required by IT admins. It offers software companies an all-in-one solution with multiple features, including enterprise SSO, directory sync, and an admin portal. With WorkOS, companies can start selling to enterprise customers with just a few lines of code. WorkOS was founded in 2019 and is based in San Francisco, California.
SailPoint (SV7:FRA) provides an identity security cloud platform that discovers, manages, and secures identities and access. Through its AI-driven intelligence, SaaS-based security, cloud access management, file access management, password management, and real-time access risk analysis it enables the enterprises to gain complete access visibility to all their systems. The company was founded in 2005 and is based in Austin, Texas. In August 2022, SailPoint was acquired by Thoma Bravo at a valuation of $6.9B.
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