1Password password manager

1Password is a password management software developed by AgileBits Inc., a Canadian company headquartered in Toronto, Ontario. Founded in 2005 by Dave and Sara Teare, and Roustem and Natalia Karimov, 1Password provides a secure platform for users to store various passwords, software licenses, and other sensitive information in a virtual vault protected by a master password. The software is available on multiple platforms, including iOS, Android, Windows, Linux, and macOS, and integrates with web browsers such as Chrome, Safari, Edge, Firefox, and Brave. Over the years, 1Password has expanded its offerings, introducing features like Travel Mode to enhance user security during travel. In 2019, the company secured a $200 million Series A funding round led by Accel, marking the first external investment in its history. This was followed by a $100 million financing round in 2021, valuing the company at $2 billion. In January 2022, 1Password raised a $620 million Series C round, increasing its valuation to $6.8 billion. Notable individual investors include Ryan Reynolds, Robert Downey Jr., and Justin Timberlake. In November 2022, 1Password acquired Passage, a Texas-based passkey tool provider, to enhance its capabilities in offering passwordless authentication solutions. As of September 2023, 1Password surpassed $250 million in annual recurring revenue, with over 100,000 business customers. The company continues to innovate in the field of digital security, aiming to build a safer, simpler digital future for everyone.