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