# Bitwarden

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bitwarden

- Industry: IT Security/Cybersecurity
- Headquarters: Santa Barbara, US
- Website: www.bitwarden.com
- Total disclosed funding: $60M
- Latest round: Series B (Aug 17, 2022)
- Investors on record: 2

## About

Based in California, US, and founded in 2015 by Kyle Spearrin (CEO), Bitwarden Inc. operates as a cybersecurity platform that allows individuals and business organizations to securely manage passwords. In September 2022, Bitwarden Inc. raised USD 100 million in growth capital funding led by new investor PSG Capital, with participation from returning investor Battery Ventures.

Bitwarden Inc. offers end-to-end encryption for both personal and business use. Personal use of the firm includes biometrics, as well as the ability to easily generate secure passwords and usernames that are synced across all devices. And, for business purpose, the company enable the team to share passwords among colleagues easily and securely and reduces cybersecurity risks.

Bitwarden Inc. plans to use the September 2022 funding for further product development and additional tools for the app.

## Funding rounds

- Series B, Aug 17, 2022, $60M — Battery Ventures, PSG Equity
- Series A, Jan 1, 2019 — Battery Ventures

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A, Series B
- PSG Equity (https://capitalatlas.ai/funds/psg-equity) — Series B