Toronto password management platform 1Password has closed a massive USD $620 million Series C funding round that raises the company’s valuation to USD $6.8 billion. The investment was led by Iconiq Growth, with participation from Tiger Global, Lightspeed Venture Partners, Backbone Angels, and Accel, which led the company’s Series A and B rounds. Other investors taking part include CrowdStrike […]
1Password
Password Management Platform 1Password Raises $100 Million As Business Booms
Toronto password management platform 1Password has raised $100 million in an Accel-led round of funding at a $2 billion valuation. A slew of new institutional and angel investors joined Accel, including Ashton Kutcher’s Sound Ventures, Kim Jackson’s Skip Capital, Slack CEO Stewart Butterfield, Shopify CEO Tobias Lutke, Squarespace CEO Anthony Caselana, and Eventbrite cofounder Kevin Hartz. The […]
Totally Remote 1Password Raises $200 Million
In the last three months, Vancouver’s Clio, Montreal’s Element AI, and Quebec City’s Coveo have raised over US$500 million combined. This week Toronto got into the action. 1Password has raised a $200 million Series A funding round led by Accel that also included Slack Fund, WndrCo and Atlassian founders Scott Farquhar and Mike Cannon-Brookes. This […]