Tech Data Europe Announces New Distribution Agreement With Secret Double Octopus

Azlan strengthens security offering with specialist solution for keyless authentication technology

Barcelona, 19th June, 2017 – Tech Data Corporation (Nasdaq: TECD) today announced that Azlan, Tech Data Europe’s specialist brand for the value-added distribution of enterprise networking, server, storage and software solutions, today announced a pan-EMEA distribution agreement with Secret Double Octopus, a pioneer of keyless multi-shield authentication technology. Secret Double Octopus has developed a solution for the market that applies keyless authentication and identity protection for cloud, mobile, and IoT solutions.

Secret Double Octopus’ app helps companies to scale their network security shift away from key-based authenticators, to a more secure keyless solution. With one tap, the authenticator app initiates a multi-shield authentication process for users in order to verify or reject the login attempt, payment or transaction.

David Harvey, director, Security and Enterprise Networking Solutions at Azlan, says “By bringing Secret Double Octopus into our vendor portfolio, Azlan enriches its security offering with an innovative solution that addresses customers’ authentication challenges, is scalable and easy to deploy, and helps provide cost-effective security.”

“For years, organizations have sought to educate employees about the importance of secure passwords and resisting phishing attacks, both of which have failed. It is time to replace the password.” said Raz Rafaeli, CEO of Secret Double Octopus. “We are excited to expand our global footprint through this partnership with Azlan. We can offer the European market a strong authentication solution that will eliminate the need for passwords – a security vulnerability that accounts for two-thirds of data breaches.”

About Tech Data

Tech Data Corporation is one of the world’s largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value-added services enable 115,000 resellers to efficiently and cost-effectively support the diverse technology needs of end users in more than 100 countries. Tech Data generated $26.2 billion in net sales for the fiscal year ended January 31, 2017. It is ranked No. 107 on the Fortune 500® and one of Fortune’s “World’s Most Admired Companies.” To learn more, visit www.techdata.com, or follow us on Facebook and Twitter.

About Secret Double Octopus

Secret Double Octopus is the world’s only password-free, keyless authentication technology to protect identity and data across cloud, mobile and IoT environments. Based on Secret Sharing algorithms, originally developed to protect nuclear launch codes, Secret Double Octopus’ technology prevents cyber attackers from accessing enough critical information to be useful for attacks, eliminating brute force, man-in-the-middle, PKI manipulation, key theft and certificate authority weaknesses. The Company was founded in 2015 by a seasoned leadership team with more than 100 years combined academic and industry experience. Secret Double Octopus is backed by Jerusalem Venture Partners, Iris Capital, Liberty Media and Benhamou Global Ventures.

To learn more, visit www.doubleoctopus.com, or follow us on Facebook and Twitter.

For further information contact:

George Troughton

Communications Manager

Tech Data Europe

george.troughton@techdata.eu

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A Defining Moment for Cybersecurity, for JVP, and for Israel/US Cooperation: CyberArk’s $25B Merger with Palo Alto Networks

Last week marked a moment of both pride and reflection for all of us at JVP. The announcement of CyberArk’s $25 billion acquisition by Palo Alto Networks is not just a landmark deal in the cybersecurity landscape—it’s a powerful validation of the JVP Way, our approach to company building that continues to define our firm today.

While we are no longer CyberArk shareholders, having exited our position a few years after its IPO, we were proud to have been CyberArk’s leading and largest shareholder from its early days to several years after it became a public company and its emergence as an international category leader. While I was Chairman of the company, we partnered closely with the founders during the most formative years of its journey. Back in 2011, when many investors were ready to sell the company for $120 million, JVP chose to reinvest and increased our position to 47%, buying out early shareholders, bringing in Goldman Sachs as an equity investment partner, and partnering with management to lay the foundation for a strong international expansion. That pivotal moment gave the company the opportunity to scale into a true global market leader.

CyberArk has always been ahead of the curve—pioneering insider threat protection, secrets management, machine-to-machine authentication, and most recently, preparing the world for secure Agentic-AI infrastructure. Its merger with Palo Alto Networks positions it to lead the AI era with a fully integrated, end-to-end security platform.

We invite you to revisit JVP’s unique role in CyberArk’s growth in this Forbes feature, Reuters press, and from CyberArk’s newsroom.

This milestone is a reminder that JVP’s tried and true approach – invest, reinvest, roll up our sleeves, and work diligently alongside founders and management teams to build category leading global companies – works. The JVP Way, developed over 30 years, is what enables JVP to build companies that lead and transform industries to the benefit of our investors.

Today, we continue to apply the same methodology to our current portfolio with company after company surpassing the $100 million revenue threshold, with JVP owning 40% or more, as they too become category-leading international businesses.