The days of scribbling down a list of your dog's names and your birth year as your go-to password are long gone. Other companies, including rival password manager Dashlane and tech giants like Apple Inc., Alphabet Inc.’s Google, and Microsoft Corp., have launched or announced passkey integrations of their own. The future of security: It seems that 1Password isn't the only one jumping on the passkey bandwagon. But with the rise of biometric-based technology, it's not surprising to see the company pivot in this direction. This announcement comes after 1Password teased in November that customers will be able to securely log in to apps and websites through its platform using passkeys sometime in early 2023.ġPassword is taking a bold step with this move, as passwords have been the backbone of its service for years. With all this investment, 1Password's valuation soared to $6.8 billion - a Canadian record.
Chairman Jeff Weiner, Tiger Global Management LLC, Lightspeed Venture Partners, Backbone Angels and Salesforce Ventures have also thrown their support behind 1Password. In addition to the star-studded lineup of investors, it's worth noting that General Motors Co. Other Hollywood investors include Matthew McConaughey, Rita Wilson, Ashton Kutcher, Trevor Noah, Justin Timberlake and Pharrell Williams. and Chris Evans are just a few of the celebrities who have thrown their support behind 1Password. Ryan Reynolds, Scarlett Johansson, Robert Downey Jr. They’re also investing in password security. Toronto-based password manager 1Password has attracted the attention and wallets of some of the biggest names in Tinseltown, who along with venture capital firms have invested $620 million in the company.įamous investors: “X-Men” and “Avengers” stars are not just saving the world on the big screen.
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