Silicon Valley’s Accel leads $100m round for 1Password: Reuters

Toronto-based 1Password, a security and privacy technology startup, has raised $100 million in a round led by Silicon Valley venture capital firm Accel, Reuters reported.

Toronto-based 1Password, a security and privacy technology startup, has raised $100 million in a round led by Silicon Valley venture capital firm Accel, Reuters reported. The deal, which values the company at $2 billion, introduced some new investors, including Shopify CEO Tobias Lütke and Slack CEO Stewart Butterfield. Accel also led 1Password’s $200 million financing in 2019.

Source: Reuters