Bitwarden

Bitwarden

Password management and secure information storage

About Bitwarden

Simplify's Rating
Why Bitwarden is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Cybersecurity

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$97.3M

Headquarters

Santa Barbara, California

Founded

2015

Overview

Bitwarden provides password management and secure information storage for individuals and businesses, helping users protect sensitive data like passwords and secure notes. It operates on a freemium model, offering a free version with basic features and a premium version with advanced options such as multi-factor authentication. Bitwarden stands out from competitors due to its open-source nature and commitment to transparency, including regular third-party security audits. The company's goal is to deliver a reliable solution for safeguarding sensitive information.

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Simplify's Take

What believers are saying

  • Growing demand for passwordless solutions boosts Bitwarden's innovation in passkey technologies.
  • Remote work trends increase demand for secure, cloud-based password management solutions.
  • The global password management market is projected to grow significantly by 2030.

What critics are saying

  • Competition from other open-source managers like KeePass and LastPass is increasing.
  • Potential vulnerabilities in open-source code could be exploited by cybercriminals.
  • User adoption challenges exist due to complex integrations like SCIM and Splunk.

What makes Bitwarden unique

  • Bitwarden is open-source, enhancing transparency and trust among users.
  • It offers a freemium model, providing both free and premium features.
  • Bitwarden integrates with SIEM systems, enhancing security monitoring capabilities.

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Funding

Total Funding

$97.3M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Work from home

Home office reimbursement

401k

20 days of PTO + 10 flexible holidays

Medical, dental, & vision

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Business Wire
Jan 16th, 2025
Bitwarden Announces General Availability of Native Password Management Mobile Apps for iOS and Android

Bitwarden announces general availability of native password management mobile apps for iOS and Android.

Bitwarden
Dec 12th, 2024
SCIM provisioning comes to Teams plan

In August 2022, Bitwarden introduced SCIM for Enterprise plans, allowing customers to sync directories with Bitwarden organizations using either SCIM or the standalone Bitwarden Directory Connector app.

Help Net Security
Aug 29th, 2024
Bitwarden introduces enhanced inline autofill feature for credit cards and identities

Bitwarden introduces enhanced inline autofill feature for credit cards and identities.

Bitwarden
Jul 16th, 2024
Bitwarden is the #1 password manager in G2 Enterprise Grid

Bitwarden is the #1 password manager in G2 Enterprise Grid

Business Wire
May 16th, 2024
Bitwarden Expands Splunk Cloud Integration For Advanced Event Management

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Bitwarden, the trusted security leader for passwords, secrets, and passkey management, today announced the expansion of its Splunk integration to include Splunk Cloud compatibility, enhancing security and event management (SIEM) capabilities. This integration enables organizations using both Splunk Enterprise and Splunk Cloud installations to use the Bitwarden event logs app for advanced security monitoring, streamlined data access, and robust event insights.The expanded Bitwarden Splunk integration includes:Comprehensive event monitoring: Organizations can monitor over 60 types of events including user activities, vault modifications, and organizational changes, extending SIEM coverage to include Bitwarden interactions alongside traditional network events.Organizations can monitor over 60 types of events including user activities, vault modifications, and organizational changes, extending SIEM coverage to include Bitwarden interactions alongside traditional network events. Analysis and visibility: The Bitwarden event logs app enables the use of three pre-built dashboards – authentication events, vault item events, and organization events – alongside custom dashboard creation for increased operational visibility and immediate security insights.The Bitwarden event logs app enables the use of three pre-built dashboards – authentication events, vault item events, and organization events – alongside custom dashboard creation for increased operational visibility and immediate security insights. Proactive security alerts: Set custom alerts to proactively detect and respond to security threats, enhancing the ability to quickly address unauthorized access attempts or credential usage.Set custom alerts to proactively detect and respond to security threats, enhancing the ability to quickly address unauthorized access attempts or credential usage. Operational flexibility and control: Self-host options for Bitwarden and Splunk empower organizations to have complete control over security data and infrastructure to meet compliance and security requirements.Self-host options for Bitwarden and Splunk empower organizations to have complete control over security data and infrastructure to meet compliance and security requirements. Offboarding reports: Generate concise reports detailing the credentials accessed by former employees, enhancing security and control during employee transitions.Generate concise reports detailing the credentials accessed by former employees, enhancing security and control during employee transitions

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