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1Password Takes $200M Accel Investment. Good roundup of links and commentary by the inimitable Michael Tsai. Unit calculator. Lol twitter eu. The 1Password founders seem confident that they can expand rapidly into the enterprise world without losing the soul that has made their indie consumer app so beloved (and trusted).
1password Acceleration
- This investment marks a major milestone for both 1Password and Accel. This is 1Password’s first investment after 14 years of tremendous growth. Like other bootstrapped companies outside Silicon Valley that we've partnered with, including Atlassian, Tenable, and Qualtrics, 1Password has been profitable since day one.
- 1Password is a password manager developed by AgileBits Inc. It provides a place for users to store various passwords, software licenses, and other sensitive information in a virtual vault that is locked with a PBKDF2 -guarded master password. By default, this encrypted vault is stored on the company's servers for a monthly fee.
- Popular password manager company 1Password announced it raised $200 million in Series A funding led by Accel; 1Password — one of the most popular password managers — announced it has raised $200 million in a Series A round of funding led by Accel. And Slack Fund, Atlassian executives, and other notable investors also joined the round.
1password Accelerated
Arun Mathew joined Accel in 2009 and leads growth investments in the enterprise, security, and infrastructure markets. Arun works closely with 1Password, BetterCloud, Code42, Dealer.com (acquired by DealerTrack), ForgeRock, G2 Crowd, PagerDuty, Qualtrics (acquired by SAP), ServiceChannel, Squarespace, Tenable (TENB), Webflow, XebiaLabs, and Yapstone. Arun also leads the firm’s Tech Council initiatives and spends time in India, where he is active with Accel’s investments in Flipkart, BookMyShow, Ola, and Freshworks. Arun is from Nashville, Tennessee and graduated from the University of Pennsylvania and the Stanford Graduate School of Business.