Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Cloud
    • Cloud
    • Cybersecurity

    Duo Security Raises $12 Million for Two-Factor Authentication

    Written by

    Sean Michael Kerner
    Published September 23, 2014
    Share
    Facebook
    Twitter
    Linkedin

      eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

      One of the most common pieces of advice given by security experts in the wake of the recent rash of high-profile data breaches is for users to deploy two-factor authentication. It’s a message that is helping to grow Duo Security’s business, which is all about two-factor authentication.

      Duo Security announced on Sept. 22 that it has raised a $12 million Series B round of funding led by Benchmark. In total, Duo Security has now raised $20 million in venture funding.

      Dug Song, co-founder and CEO of Duo Security, told eWEEK that the new funding will be used to help grow the business and the company’s engineering team. Song commented that the funding was a pre-emptive round and that he was not actually looking for funding. Interest in the market for two-factor authentication technology has driven interest in Duo Security—from users as well as investors.

      Song is no stranger to the security world. Prior to co-founding Duo Security, he was the principal security architect at Arbor Networks. Song noted that Duo Security’s focus is very different from Arbor Networks’ focus. At Arbor, the focus was on global carriers and large organizations; in contrast, Duo Security has a much larger target audience, he said.

      “We believe that security is now a much broader problem that affects many more people than it ever has before,” Song said. “These days, even your corner coffee shop is an IT operation, and when IT is pervasive, security is now everybody’s concern.”

      The goal at Duo Security is to democratize security solutions for underserved segments of the IT-using community, according to Song.

      The recent Apple celebrity photo hacking incident earlier this month was perhaps one of the most dramatic security events in recent years that highlighted the need for two-factor authentication. While the Apple incident generated a lot of headlines, there have been many breaches in the last year, including ones at Home Depot, Target and others, that prove that attackers have shifted their focus, Song said. Attackers now largely go after users as a way to gain access to environments and information.

      “Attackers no longer bang their heads on the front door of organizations to get in; they go after users and ride that legitimate access in,” he said.

      What two-factor authentication provides is an additional layer of protection beyond just a simple username and a password. While major online Internet properties including Google and Apple have now deployed two-factor authentication for end users, there is a need for broader deployment to protect organizations of all sizes.

      Song explained that the Duo Security platform is a cloud-based service that can integrate with an organization’s existing systems. Two-factor authentication can be enabled for multiple forms of remote access, whether that access is a Web log-in, a virtual private network (VPN) or even a virtual desktop.

      Duo Security’s own back-end infrastructure is a distributed one, with operations in 100 countries. Song noted that his company also uses multiple cloud vendors, including Amazon, Verizon Terremark and Rackspace.

      Looking forward, Song’s goal is to continue to broaden the IT security landscape that his company can address.

      “As a company our biggest challenge and opportunity is to think about security more broadly,” he said. “While we are a two-factor authentication vendor today, we have always had ambitions to leverage two-factor authentication as the foundation of a much broader platform.”

      Sean Michael Kerner is a senior editor at eWEEK and InternetNews.com. Follow him on Twitter @TechJournalist.

      Sean Michael Kerner
      Sean Michael Kerner
      Sean Michael Kerner is an Internet consultant, strategist, and writer for several leading IT business web sites.

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      MOST POPULAR ARTICLES

      Artificial Intelligence

      9 Best AI 3D Generators You Need...

      Sam Rinko - June 25, 2024 0
      AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
      Read more
      Cloud

      RingCentral Expands Its Collaboration Platform

      Zeus Kerravala - November 22, 2023 0
      RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
      Read more
      Artificial Intelligence

      8 Best AI Data Analytics Software &...

      Aminu Abdullahi - January 18, 2024 0
      Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
      Read more
      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Video

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2024 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×