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Tuesday, February 28, 2012
Google Ventures And Others Put $5M In Enterprise Mobile Security Company Duo
Enterprise mobile security company Duo Security has raised $5 million from Google Ventures, True Ventures, and Resonant Venture Partners. This brings the startup's total funding to $6 million. Duo Security essentially provides a two-factor authentication service to companies who want to protect employee phones, with not just one but two secure log-ins. The company says that deploying two-factor authentication has traditionally been expensive and time-consuming with hardware requirements and other protocols. Duo Security lowers this barrier and expedites deployment with self-service enrollment.
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