Bitwarden
Password management and secure information storage
Santa Barbara, California, United States
About Bitwarden
Bitwarden provides password management and secure information storage for individuals and businesses, helping users protect sensitive data like passwords and secure notes. It operates on a freemium model, offering a free version with basic features and a premium version with advanced options such as multi-factor authentication. Bitwarden stands out from competitors due to its open-source nature and commitment to transparency, as it allows public scrutiny of its code and undergoes regular security audits. The company's goal is to deliver a reliable solution for safeguarding sensitive information.
Santa Barbara, CaliforniaHeadquarters
2015Year Founded
$97.3MTotal Funding
GROWTH_EQUITY_VCCompany Stage
CybersecurityIndustries
51-200Employees
Benefits
Work from home
Home office reimbursement
401k
20 days of PTO + 10 flexible holidays
Medical, dental, & vision
Risks
Increased competition from other open-source password managers like KeePass and LastPass.
Potential vulnerabilities in the newly launched Bitwarden Authenticator app.
Reliance on third-party integrations like Splunk could expose Bitwarden to risks.
Differentiation
Bitwarden is open-source, enhancing transparency and trust among users.
The company offers a freemium model, attracting both individual and enterprise users.
Bitwarden integrates with Splunk for advanced security monitoring and event management.
Upsides
Growing demand for open-source solutions boosts Bitwarden's market appeal.
Increased adoption of passwordless authentication supports Bitwarden's innovative features.
Rising importance of MFA aligns with Bitwarden's security offerings.
Funding
Total raised$97.27 M
StageGROWTH_EQUITY_VC
GROWTH EQUITY VC
8/31/2022$100