Tech Company Financing Transactions
Duo Security Funding Round
On 9/22/2014, Duo Security raised $12 million in Series B funding from Benchmark Capital, GV and Radar Partners.
Transaction Overview
Company Name
Announced On
9/22/2014
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors
Proceeds Purpose
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.
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.
Management Team
Title
Name
Email & Social
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