Dashlane, a New York, NY- and Paris, France-based password manager and digital wallet, raised $22m in Series B funding.
The round was led by Bessemer Venture Partners (BVP), with participation from existing investors Rho Ventures, FirstMark Capital, and Bernard Liautaud. In conjunction with the funding, BVP partner Alex Ferrara will join Dashlane’s board.
The company, which has now raised $30m, will use the capital to reinforce its team and accelerate growth.
Founded in 2009 by Bernard Liautaud and co-founders Alexis Fogel, Guillaume Maron and Jean Guillou and led by CEO Emmanuel Schalit, Dashlane allows its users to manage passwords, credit cards, IDs, notes and other important information securely via advanced encryption and local storage all of this data. Other features include automatic password generation, a security dashboard for assessing password health, and click-only checkout on every website and every device.
It is available on PC, Mac, Android and iOS, with its iOS app.
22/09/2011: Dashlane Closes $5m Series A Funding