Two-factor authentication startup Duo Security raises $30M to launch a platform
ByToday enterprise-level two-factor authentication startup Duo Security announced a $30 million raise and the launch of new services.
Duo, which means “two” in Latin, focuses on identity security that requires two methods of login — for instance, a password and a PIN sent to your phone. With this fresh round of funding, the company is building out its service into a platform, where IT departments can see what devices and users are connected to the network and manage what they have access to.
It’s a play for businesses with a bring-your-own-device policy, which an increasing number of enterprises offer.
The new offering, Platform Edition, is $6 per user per month and will give enterprises a more global view of their network. In comparison, Duo offers company-wide deployment of its two-factor authentication services for $3 per user per month…
Two-factor authentication startup Duo Security raises $30M to launch a platform
