Duo Security, which is developing a two-factor authentication system for corporate clients, raised $ 30 million in the next stage of financing. Round headed the fund Redpoint Ventures.
Duo Security's development provides large companies with a two-factor employee authentication platform. Anyone who works for a company must not only enter their name and password, but also verify their identity using a personal device.
Today, 6,000 organizations use Duo Security services. The company, the developer of the chat for collaboration, Slack turned to Duo Security after
hacking in February , when user data and correspondence were under threat.
The total investment in Duo Security since 2010 was $ 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 spokesman.