Comment on Fourteen years after launching 1Password takes a $200M Series A

Fourteen years after launching 1Password takes a $200M Series A

1Password has been around for 14 years, and the founders grew the company the old-fashioned way without a dime of venture capital. But when it decided to take venture help, it went all in. Today, the company announced a $200 million Series A from Accel, the largest single investment in the firm’s 35-year history. Dave Teare says he and his co-founder Roustem Karimov were resolving a major pain point for users around password creation and management when they launched in 2005, and that the Toronto company has been profitable from day one.

 

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