It was recently announced that General Motors CEO Mary Barra participated in the latest Series C funding for 1Password, a human-centric digital security company.
The Series C funding round raised nearly $620 million, bringing the 1Password company valuation to roughly $6.8 billion. The latest funding round was led by ICONIQ Growth, with participation from Backbone Angels, Salesforce Ventures, Tiger Global, and Lightspeed Venture Partners. Previous funding rounds were led by Accel, with further participation from Slack Fund.
The funding will go towards developing and bringing to scale 1Password’s “human-centric security solutions,” designed to protect customer data in both their work and personal lives.
The funding also attracted a variety of business leaders. In addition the GM CEO Mary Barra, the Series C funding round also attracted Executive Chairman at LinkedIn, Jeff Weiner, Former CEO and Chairman at The Walt Disney Company, Robert Iger, CEO at Articulate, Lucy Suros, and Co-founder and CEO of CrowdStrike, George Kurtz.
GM CEO Mary Barra
What’s more, several celebrities participated in the funding round, such as Scarlett Johansson, Ryan Reynolds, Matthew McConaughey, Robert Downey Jr., Chris Evans, Rita Wilson, Trevor Noah, Pharrell Williams, and others.
“Our mission has always been to ease the tension between security and convenience, and the opportunity to deliver on this has never been bigger for 1Password,” said 1Password CEO, Jeff Shiner. “We create products and solutions that improve upon and easily layer into a company’s existing security infrastructure, nurturing better habits for employees while strengthening a company’s security posture from within.”
1Password Executive Team
Over the course of the last two years, 1Password has grown its B2B business by 70 percent year over year, as well as increased its business customer base to over 100,000 companies, including Snowflake, PGA, Datadog, Intercom, and Wealthsimple. 1Password has also grown its team to include 570 employees, a 300-percent increase, and launched a variety of new products.
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Comments
RESIGN, MARY BARRA, RESIGN ! ……she’s the reason why GM is at the bottom of the food chain today ! GET OUT !
Now if you could do as much for your employees that are possibly going to strike that would be good news!
I can tell none of you work at GM…
I can tell you don’t either.
Anyone that uses one password for everything or a password manager that stores all their various passwords so that they can be lazy and use their password manager’s single password sign-on…. I’m sorry, is an idiot.
A stored password is a hacked password.
Sounds like you have no real understanding of the technology and the environment, or even a basic understanding of how computers and OSs like a Windows store your password. Wonder how Windows knows your password is correct? It’s obviously stored.
I wish people who had no understanding of something wouldn’t comment like they do. It just spreads misinformation.
OMG. No system should be storing actual passwords. And anyone that designed a system to store actual passwords should be fired. Go get some books on security and passwords and read them.
Also, did you even read what I wrote? In effect, I’m talking about apples. You are making comments about oranges.
And I pray you don’t use a single password for all your various logins. Or almost as bad, use a single sign-on password manager app that stores all the passwords for your various logins. Even the better ones that don’t store your actual passwords, good hackers will figure out how to un-salt/un-hash/decrypt the data.
With the influx of so many passwords people are looking for a viable solution. If someone can really provide a new safe way to deal with this they will make a lot of money.
Can I ask all the smarter people out there will this all work with windows 11 they’re just starting to push?
Mary, PLEASE, PLEASE RESIGN. GM needs Car People at the Helm.