Duo Security Analysis
What is Duo Security?
Duo Security offers cloud-based identity security solutions designed to prevent unauthorized access and protect organizations against identity attacks. Their services include multi-factor authentication, secure single sign-on, and device trust, ensuring that only verified users and devices can access sensitive applications and data.
Market Position
Leader
YC Batch
W23
Pricing
Duo Security employs a tiered pricing model for its cybersecurity solutions, offering several editions with different features and pricing per user per month. The pricing is as follows:
- Duo Free: Free for teams of up to 10 users, includes basic multi-factor authentication (MFA).
- Duo Essentials: $3 per user per month.
- Duo Advantage: $6 per user per month.
- Duo Premier: $9 per user per month.
Investment Focus
Technology
Compliance Standards
Duo Security adheres to several compliance standards, including:
- ISO 27001
- SOC 2
- PCI DSS
- NIST 800
- FedRAMP (at the Moderate Impact Level)
Target Customers
Duo Security's target customers primarily include organizations across various sectors such as Information Technology, Education, Healthcare, Finance, Legal, Retail, and Federal agencies. Their solutions are particularly utilized by companies with a workforce ranging from 1,000 to 5,000 employees and those generating over $1 billion in revenue. The platform is designed to help these organizations comply with data privacy, governance, and security regulations.
Key Features
- Multi-Factor Authentication (MFA): Provides flexible authentication options, including phishing-resistant methods using FIDO2.
- Continuous Identity Security: Safeguards against identity threats 24/7 while ensuring a smooth user experience.
- Duo Passport: Streamlines access across applications with minimal authentication interruptions on trusted devices.
- Adaptive Access Policies: Allows customization of access permissions based on role, location, and device.
- Device Trust: Verifies the trustworthiness of devices accessing applications and tracks their health status.
- Single Sign-On (SSO): Simplifies user access to multiple applications with one set of credentials.
- Risk-Based Authentication: Adjusts authentication requirements based on user behavior and risk factors.
