The Toronto-based company raised its first (and only) round of funding back in 2019, securing $200 million to help it push further beyond the consumer sphere and cement itself as an integral security tool for the enterprise. It allows consumers and businesses to log into all their online services with a single click (rather than having to manually input passwords) and can also be used to store other private digital data, such as credit cards and software licenses. San Francisco-based Doppler, meanwhile, last month raised $6.5 million in a round of funding led by Alphabet’s venture capital arm GV and launched a bunch of new enterprise-focused features.ġPassword has built a solid reputation over its 16-year history, thanks to a platform that can store passwords securely and simplify log-in. Israeli startup Spectral recently exited stealth with $6.2 million in funding to serve developer operations (DevOps) teams with an automated scanner that finds potentially costly security mistakes buried in code. There has been a flurry of activity across the secrets management space of late. The root cause was an AWS access key hackers discovered in a personal GitHub repository belonging to an Uber developer. By way of example, Uber revealed a major breach back in 2017 that exposed millions of users’ personal data. If this data falls into the wrong hands, it can be used to gain access to private internal systems. Recent data from GitGuardian, a cybersecurity platform that helps companies find sensitive data hidden in public codebases, revealed a 20% rise in secrets inadvertently making their way into GitHub repositories.
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