Duo Security Obtains $12,000,000 Series B Funding Round

  • Feed Type
  • Date
    9/22/2014
  • Company Name
    Duo Security
  • Mailing Address
    617 Detroit St. Ann Arbor, MI 48104 USA
  • Company Description
    Duo Security provides strong two-factor authentication as a service built to prevent account takeover and data theft. Duo uses a mobile phone as the second factor to make authenticating easy and convenient. At Duo, we aim to frustrate attackers — not your users!
  • Website
    http://www.duosecurity.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Duo Security will leverage the funding to address the emerging security challenges faced by businesses of all shapes and sizes, who struggle to secure their users against a breach in a modern IT environment.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

Trending on Xconomy