Duo Security Brings In $70 Million

Security startup Duo Security announced it has secured $70 million in Series D financing led by Meritech Capital Partners and Lead Edge Capital. Redpoint Ventures, True Ventures, Geodesic Capital, Index Ventures, and Workday also participated in the offering.

A cloud-based access security provider that provides two-factor authentication plus policy control over the security hygiene of every device, Duo Security offers a secure single sign-on experience for every user and supporting cloud and on-premise applications. More than 1,000 organizations in more than 80 countries rely upon Duo Security to prevent online account takeover and data theft.