1Password, founded in 2005 and headquartered in Toronto, Ontario, is a prominent password management and security company. Initially developed as a consumer-focused password manager, it has evolved to serve both individuals and businesses, offering solutions that secure sensitive information across various platforms. The company’s services include password management, secure document storage, and Extended Access Management, aiming to protect users from credential attacks and manage access risks effectively.
Over the years, 1Password has experienced significant growth and recognition. In January 2022, it secured a $620 million Series C funding round, elevating its valuation to $6.8 billion. This funding has enabled the company to expand its workforce and enhance its product offerings. Notably, in November 2022, 1Password acquired Passage, an ID authentication startup, to bolster its capabilities in providing passkey tools, marking a strategic move towards a passwordless future. Trusted by over 180,000 businesses and millions of individuals globally, 1Password continues to lead in delivering human-centric security solutions.
Website: https://1password.com
Highlights
1Password is a leading password management solution trusted by over 180,000 businesses and millions of individuals worldwide.
In January 2022, 1Password raised a $620 million Series C funding round, increasing its valuation to $6.8 billion.
The company offers cross-platform support, including Windows, macOS, Linux, iOS, Android, and major web browsers.
1Password has expanded its services to include Extended Access Management, securing access for every identity, device, and app.
In November 2022, 1Password acquired Passage, enhancing its capabilities in offering passkey tools and advancing towards a passwordless future.
