ISRAEL - Startup Firm to End Passwords Raises $15 Million

Arno Froese

Secret Double Octopus, a global leader in password-free authentication, announced in a press release that it has raised $15 m., entering a Series B financing round and exiting the startup stage. Series B refers to the second round of funding through investment from private equity and venture capitalists. 

The Octopus Authentication Server, its central network, allows employees to skip the password stage when logging into workstations, cloud services, applications and other devices. The development of Secret Double Octopus comes amid an increasing demand from companies to secure wireless networks and prevent hacking on corporate networks and assets. Accordingly, the company suggests that the elimination of passwords will help prevent credentials theft, Man-in-the-middle attacks, identity theft, phishing and other forms of popular hacking methods and cyber-crime. 

Naoki Kamimaeda, Partner at Global Brain Corporation, said “we see great value in the unique approach taken by Secret Double Octopus and are excited to be a part of this funding round along with other distinguished investors. We look forward to supporting Secret Double Octopus as it strives to eliminate passwords from user authentication and continues to secure enterprise remote access with its state-of-the-art, passwordless technology.”

-www.jpost.com, 1 May 2020

Arno's commentary

While passwords are designed to protect individual privacy, it has become evident that such can contribute toward hacking methods and cyber-crime. Non-password technology is based on the simple fact that every person on planet earth is a unique identity—never fully duplicated. It is for this and other reasons, every person on planet earth will become subject to the global identity system now being established. In the end, Revelation 13:15 will be fulfilled: “And he had power to give life unto the image of the beast, that the image of the beast should both speak, and cause that as many as would not worship the image of the beast should be killed.” 

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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