Duo intends to expand global operations and fund increased innovation in the Trusted Access and BeyondCorp spaces with the round. In addition, a new strategic partner, Workday, also participated. The round was led by Meritech Capital Partners and Lead Edge Capital.
Duo beyondcorp plus#
Raised $70M Series D Round: In Fall 2017, the company raised $70 million in Series D funding at a $1 billion plus valuation. Surpassed $100M ARR* Threshold: The company has consistently grown its annual recurring revenue (ARR) at a rapid pace, far-exceeding $100M in ARR at the end of 2017. We anticipate continued rapid growth in 2018, as we disrupt the security status quo by being a leader in innovating and commercializing the future of security through BeyondCorp." We are incredibly pleased to welcome some of the top technology executives in the world to our board as well as a cadre of renown talent to our world-class leadership team. To do this, we are investing aggressively in R&D and deepening our bench. "Our goal is a lofty one: to change the way the world thinks about security, the largest geopolitical issue of our time. "2017 was an important and exciting year for Duo, during which we expanded our leadership position and further solidified our place as an enduring global company for our customers," said Dug Song, Duo Co-founder and Chief Executive Officer. 01, 2018 (GLOBE NEWSWIRE) - Duo Security, the leading cloud-based Trusted Access provider and pioneer in commercializing the BeyondCorp architecture, today announces a major annual recurring revenue (ARR) milestone, investments in additional leadership, and strategic partnerships with some of the largest players in the technology world in 2017. Leading Trusted Access provider surpasses $100M annual recurring revenue milestone and welcomes industry luminaries to leadership team and board of directorsĪNN ARBOR, Mich., Feb.
0 kommentar(er)
