Secret Double Octopus

Secret Double Octopus builds passwordless, phishing-resistant authentication for enterprise workforces, positioning itself around extending passwordless access not just to modern SaaS applications but to the legacy and hybrid systems — VPNs, VDI, mainframes, on-premises Active Directory — that most cloud-native passwordless vendors don’t reach. The platform issues cryptographic credentials tied to a device or authenticator rather than a shared secret, aiming to eliminate the credential-theft and phishing risk that passwords and even some MFA methods still carry.

Founded in 2015 and headquartered in Tel Aviv, Israel, the company has raised funding across multiple rounds, including a $15 million Series B in 2020 backed by Sony Financial Ventures, KDDI, and Global Brain alongside earlier investors Jerusalem Venture Partners and Benhamou Global Ventures, and a Series C round announced in January 2024 led by Benhamou Global Ventures. The involvement of strategic corporate investors like Sony and Japanese telecom KDDI is a notable signal, though total disclosed funding remains modest relative to large IAM platform vendors.

Secret Double Octopus is a FIDO Alliance member and was named “Best in Class” in an Aite Group matrix evaluation of enterprise passwordless authentication vendors, with Aite’s analysts reporting large-scale deployments among enterprise customers. As identity remains the leading initial-access vector in breaches, phishing-resistant passwordless authentication is a high-relevance category, though the company competes against both point-solution passwordless specialists and large platform vendors (Microsoft, Okta, Ping Identity) increasingly building native passwordless support.