Tech Company Financing Transactions
Duo Security Funding Round
Duo Security closed a $30 million Series C investment round on 4/14/2015. Investors included Redpoint Ventures, Benchmark Capital and GV.
Transaction Overview
Company Name
Announced On
4/14/2015
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors
Proceeds Purpose
The Series C round brings Duo Security's total funding to approximately $48 million, which the company will use to accelerate investment in engineering and international expansion as it rolls out the most effective solution to prevent security breaches and data theft.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
123 North Ashley St. 200
Ann Arbor, MI 48104
USA
Ann Arbor, MI 48104
USA
Phone
Website
Email Address
Overview
Duo Security is the easiest two-factor authentication service to deploy, administer, and use. The company s service can be deployed in as little as 30 minutes and can be used immediately by any user with a phone. Over 1,000 organizations in over 80 countries rely upon Duo to prevent online account takeover and data theft.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Douglas Song
Chief Financial Officer
Sydney Carey
Chief Information Officer
Raffaele Mautone
Chief Technical Officer
Jon Oberheide
VP - Bus. Development
Paul DiMarzo
VP - Customer Service
Lisa Paul
VP - Marketing
Jeff Wiss
VP - Sales
James Cyb
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Our team works diligently to record all VC transactions involving tech companies. VC investment data records reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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