Duo Security
Valuation
$1.1B
2021 Revenue
$57.2M
Customers
10K
Funding
$121.5M
Avg ACV
$5.7K
Team
706
Founded
2010
How Duo Security CEO Dug Song grew Duo Security to $57.2M revenue and 10K customers in 2021.
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
Duo Security Revenue
In 2021, Duo Security's revenue reached $57.2M. Since its launch in 2010, Duo Security has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2021 | Duo Security Hit $57.2m revenue in April 2021 |
| 2010 | Launched with $0 revenue |
Duo Security Valuation, Funding Rounds
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 |
|---|---|---|---|---|
| 2017 | Series D | $70M | $1.1B | 6% |
| 2016 | Grant | $2.5M | - | - |
| 2015 | Series C | $30M | - | - |
| 2014 | Series B | $12M | - | - |
| 2012 | Series A | $6M | - | - |
| 2010 | Seed Round | $1M | - | - |
Duo Security Employees & Team Size
Duo Security employs approximately 706 people as of 2026, up from 681 in 2021.
Duo Security has 706 total employees in different roles and functions and 162 sales reps that carry a quota. They have 10K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2023 | Reached 706 employees (July 2023) |
| 2021 | Reached 681 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Duo Security acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Duo Security
What is Duo Security's revenue?
Duo Security generates $57.2M in revenue.
Who is the CEO of Duo Security?
The CEO of Duo Security is Dug Song.
How much funding does Duo Security have?
Duo Security raised $121.5M.
How many employees does Duo Security have?
Duo Security has 706 employees.
Where is Duo Security headquarters?
Duo Security is headquartered in Ann Arbor, Michigan, United States.
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Compare Duo Security to the industry
Duo Security operates across multiple industries. Browse revenue, funding, and growth data for Duo Security in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .