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Benzinga
Benzinga
Business
Michael Cohen

Cybersecurity Firm 1Password Closes $620M Funding Round As Capital Flows Into Sector

United Nations 1Password Toronto

Toronto-based 1Password has closed a $620-million Series C funding round that brings the cybersecurity firm’s valuation to $6.8 billion.

What Happened: The new round was led by ICONIQ Growth, with participation from others including Tiger Global, Lightspeed Venture Partners and Backbone Angels. Accel, which led the company’s Series A and B, also invested in the round.

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