Dashlane Raises $110M In Series D Funding

dashlaneDashlane, a NYC-based credential and digital identity management solution, closed a $110m Series D funding.

The round was led by Sequoia Capital, with participation from existing investors Rho Ventures, FirstMark Capital, and Bessemer Venture Partners. In conjunction with the funding, Jim Goetz of Sequoia joined Dashlane’s board of directors.

The company, which has raised over $185m in capital to date, intends to use the funds to:
– enhance its core product,
– add new capabilities, and
– build the brand.

Led by Emmanuel Schalit, CEO, Dashlane simplifies and secures all personal information that lives online. Across all platforms and devices, the app automatically fills and stores passwords, personal data, and payment details to help users and businesses manage, monitor, and protect their digital identity. It is available in 11 languages and used by 11+ million people in 180 countries.
The company, which has offices in New York City, Paris, and Lisbon, has also added Joy Howard as Chief Marketing Officer. In her new role, she will oversee the global marketing function as well as all policy-related initiatives.
Howard has a proven track record for growing iconic, multi-billion-dollar global brands, and previously held leadership positions at Sonos, Patagonia, Nike, and Coca-Cola.

FinSMEs

30/05/2019

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