Seasoned executive brings track record of business and financial results to mobile security and authentication company
Ann Arbor, Michigan — August 22, 2012 — Duo Security, an emerging mobile security and authentication company, announced today that Stratton Sclavos has joined its Board of Directors. Sclavos is currently a partner in the investment firm Radar Partners, which also invested $1 million in Duo Security.
Sclavos formerly served as chairman and chief executive officer of VeriSign (Nasdaq: VRSN), the leading provider of trusted infrastructure services to enterprises, e-commerce websites, and individuals. Sclavos also sits on the Board of Directors of SalesForce (NYSE: CRM). He was honored with the Ernst & Young Entrepreneur of the Year Award for Northern California in 2002; he also was named to Forbes' Top 50 CEOs list. In 1998, he was recognized by the Silicon Valley Business Journal as the Entrepreneur of the Year in the emerging companies category.
“Stratton has been integral in building the security infrastructure of the modern web and he understands this industry like no one else,” said Duo Security co-founder Dug Song. “His command of the industry and his history with both security- and SaaS-based Internet companies will be invaluable as we expand our product offering and customer base.”
“Duo Security's technology is solid and their approach is disruptive,” said Sclavos. “As global workforces become increasingly mobile and people move more pieces of their lives online and into the cloud, they need stronger security for their accounts and transactions. Duo's solutions are making it cost effective for companies and simple for users, positioning them as a leader in the security space.”
Duo Security makes two-factor authentication radically easy to deploy, use, and manage. Organizations use Duo's authentication service to add an additional layer of security to any application or service with a login. Rather than relying on a password alone. Duo enables users to secure access to their accounts with a phone. Some recent innovations include Duo's X-Ray for Android mobile security application, which allows any Android user to scan their phone for known security vulnerabilities.
About Duo Security
Duo Security is an authentication and mobile security software company dedicated to preventing online account takeover. The company's two-factor authentication service empowers organizations to protect any remotely accessed resource with a device all users carry, a phone. Over 800 organizations with users in over 80 countries rely on Duo to secure their logins and transactions, including companies like Tumblr, Thompson Reuters, University of Michigan, Central Ohio Primary Care Physicians, and Toyota.
About Radar Partners
Radar Partners is a professional investment firm spanning public and private equity, venture capital, natural resources and real estate. The firm's four partners have over 100 years of combined experience in capital markets, business creation and executive leadership. Radar invests its partners' time, network of relationships and capital to seek out great entrepreneurs and financial managers focused on large opportunities with a unique ability to succeed.