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Passbolt raises $8M for its open source password manager for teams

Password managers have become commonplace at this point. But businesses often have different needs than consumers. Teams, after all, often have to share

Passbolt, which is announcing an $8 million seed round Thursday, aims to become the de facto password manager for small and midsize businesses, with ambitions to serve enterprise customers in the long run. KeePass itself is already widely popular with technical teams, but it essentially creates a single static file where credentials are securely stored, he noted. Image Credits: PassboltOver the course of the last few years, the team added features like native desktop apps, password expiry and rotations, a tool for getting two-factor authentication codes, and role-based access controls for using Passbolt’s own user interface.

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