Dashlane: Closed a $110 mn Series D funding round

Dashlane: Closed a $110 mn Series D funding round

Dashlane: Credential and digital identity management solution, closed a $110 mn led by Sequoia Capital

  • Existing investors Rho Ventures, FirstMark Capital and Bessemer Venture Partners also participated in the round
  • The firm will use the funds to enhance its core product, add new capabilities and build a “category-defining” brand
  • The company anticipates expanding its customer base of businesses
  • Dashlane can flag when users reuse passwords between accounts and evaluate their overall “password health” based on password strength, reuse, and any leaks in known breaches
  • The company plans to invest further in research and development and expand the product’s feature set