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Bitwarden secures $100m growth investment in round led by PSG

Bitwarden, an open-source password manager for both individuals and businesses, has secured a $100 million minority growth investment led by PSG, a growth equity firm partnering with software and technology-enabled services companies. 

Bitwarden, an open-source password manager for both individuals and businesses, has secured a $100 million minority growth investment led by PSG, a growth equity firm partnering with software and technology-enabled services companies. 

Existing investor Battery Ventures also participated in the round. 

Bitwarden will use the funding to scale its open-source, flexible solution to offer stronger online security options for individuals and enterprises.
  
Bitwarden helps individuals and businesses operate safely online by delivering an open-source and fully customisable password manager built to work seamlessly on any device. Paid and free versions of Bitwarden include features for credential autofill, automatic end-user password generation, password strength scoring, secure credential and file sharing, and flexible cloud and self-hosted deployment options for sophisticated enterprises. 

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