Security: French Dashlane raises $ 22 million and sets course for Latin America and Asia

by bold-lichterman

Exclusive interview with Emmanuel Schalit, CEO of Dashlane, a password security solution, who has just raised funds from Bessemer Venture Partners in the USA.

The French start-up headed by Emmanuel Schalit, specializing in the centralized security of passwords, has just raised funds from Bessemer Parnters for an amount of 22 million dollars ( read the official press release). The historical investors, Rho Ventures and FirstMark Capital, as well as Bernard Liautaud, co-founder of the company, are part of this new round of financing. The funding round brings the total funding of Dashlane to $ 30 million. The start-up was launched in 2009 at the instigation of Bernard Liautaud (former founder of Business Objects), Alexis Fogel, Guillaume Maron and Jean Guillou. It currently employs 40 people, a majority in Paris, and a business unit in New York.

Dashlane, which undoubtedly benefits from badbuzz and flaws in data security (Heartblead) or the importance of securing personal data (Snowden), offers a SaaS solution for centralized security of passwords and personal information (CB especially). It is positioned in this area like its competitors Lastpass or 1Password, but has refined its model on its V2, by charging the subscription $ 29.99 / year for multi-device use, the service remaining free on a single device.

The company now has 2 million customers of its solution, and approximately “1 billion transactions” quantified in check-out on online purchases.

The start-up does not intend to stop there, and intends to strengthen, on the one hand, its teams. However, it does not provide for any acquisition. On the other hand, it wants to accelerate its international development, and intends to set course for Asia and Latin America, where obviously, “the potential is enormous”, as Emmanuel Schalit, CEO of Dashlane, in this interview:

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