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Ann Arbor, Michigan, United States
Duo Security, now a part of Cisco, is a cybersecurity company that provides cloud-based access security and multi-factor authentication solutions. The company's solutions aim to protect against data breaches, phishing attacks, and other security threats. Duo's customers include businesses, government organizations, and educational institutions, and the company has a presence in various industries, including healthcare, finance, and retail.
Last updated
In 2021, Duo Security's revenue reached $57.2M. Since its launch in 2010, Duo Security has shown consistent revenue growth.
Duo Security reached a $1.1B valuation in 2017, set during its Series D round.
Duo Security has raised $121.5M in total funding across 6 rounds, most recently a $70M Series D round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Series D | $70M | $1.1B | 6% | |
| 2016 | Grant | $2.5M | - | - | |
| 2015 | Series C | $30M |
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Duo Security serves 10K customers.
Duo Security employs approximately 706 people as of 2026, up from 681 in 2021, including 162 sales reps that carry a quota. It serves 10K customers that rely on its solutions.
Duo Security generates $57.2M in revenue.
The CEO of Duo Security is Dug Song.
Duo Security raised $121.5M across 6 rounds.
Duo Security has 706 employees.
Duo Security is headquartered in Ann Arbor, Michigan, United States.
Duo Security operates across multiple industries. Browse revenue, funding, and growth data for Duo Security in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$1.1B
2021 Revenue
$57.2M
Customers
10K
Funding
$121.5M
Avg ACV
$5.7K
Team · 2023
706
Founded
2010
| Year | Milestone | Source |
|---|---|---|
| 2021 | Duo Security Hit $57.2m revenue in April 2021 | |
| 2010 | Launched with $0 revenue |
| - |
| - |
| 2014 | Series B | $12M | - | - |
| 2012 | Series A | $6M | - | - |
| 2010 | Seed Round | $1M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 706 employees (July 2023) | |
| 2021 | Reached 681 employees (April 2021) |
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