Millions of consumers and thousands of businesses in over 100 countries trust Keeper for password security, dark web monitoring, secure file storage, single-sign-on integration, and security-event reporting.
FREMONT, CA: Keeper Security, a highly-rated cybersecurity platform for preventing password-related data breaches and cyber threats, raised $60 in growth investment by global venture capital and private equity firm Insight Partners.
The Keeper Security-Insight partnership will further accelerate product innovation and development and boost the expansion of the company's global customer base of consumers and businesses. Following the investment, Thomas Krane, Principal at Insight Partners, will join Keeper's Board of Directors.
"The past four months have resulted in history's most pervasive cybersecurity challenge. As businesses have shifted their operations online and people have adapted to remote work and social distancing, cybercriminals have executed their attacks at record rates. It's forcing a rapid transformation and growth in the cybersecurity industry - one that is essential to safeguard people and businesses," said Darren Guccione, CEO, and Co-founder of Keeper Security. "With the support of Insight Partners and the planned synergy, we're well-positioned to bring new, unique and increasingly critical cybersecurity solutions to new and existing customers, globally."
Over the past year, Keeper has experienced rapid growth and expansion, adding another 120 team members and adding significantly to its global business and consumer customer footprint, accelerating its growth despite the global economic downturn due to the pandemic.
"As the lines blur between where we live and where we work, businesses and consumers look to Keeper for critical cybersecurity protection. The value that Keeper provides to its customer base has never been clearer," said Krane. "Keeper's impressive growth and business stability, despite the global pandemic, is driven by its ability to deliver products that exceed their customers' needs and expectations. We look forward to supporting Keeper in its continued growth."
Keeper is consistently ranked as the top-rated password management platform on the market. It has also received numerous industry awards and highest ratings for its business and enterprise password management platform.
"Keeper's award-winning, enterprise-grade security and encryption architecture combined with our best-in-class user experience is trusted by millions since Darren and I founded the company in 2011," said Craig Lurey, CTO, and Co-founder of Keeper Security. "With Insight Partners, we look forward to continuing to deliver best-in-class product innovation that addresses the needs of our business, government, and individual customers for years to come."