What is Dashlane?
Founded in 2009 and headquartered in Paris, France, Dashlane provides a comprehensive security application designed to safeguard personal digital identities. The platform automates the storage and filling of passwords, payment details, and sensitive personal information across diverse devices and platforms. By addressing the critical need for cybersecurity in an increasingly digital-first economy, Dashlane has positioned itself as a vital tool for both individual consumers and enterprise environments, effectively mitigating risks associated with data breaches and identity theft.
How much funding has Dashlane raised?
Dashlane has raised a total of $189.5M across 5 funding rounds:
Series A
$5M
Series B
$22M
Series C
$22.5M
Unspecified
$30M
Series D
$110M
Series A (2011): $5M with participation from FirstMark Capital and Rho Ventures
Series B (2014): $22M led by Bessemer Venture Partners, FirstMark Capital, and Rho Ventures
Series C (2016): $22.5M supported by TransUnion, Bessemer Venture Partners, Firstmark Capital, and Rho Ventures
Unspecified (2019): $30M featuring Hercules Capital
Series D (2019): $110M backed by FirstMark Capital, Steamboat Ventures, Rho Ventures, and Bessemer Venture Partners
Key Investors in Dashlane
FirstMark Capital
FirstMark is an early-stage venture capital firm headquartered in New York City that backs exceptional founders and provides a platform designed to accelerate growth through transformative access to networks and top talent.
Rho Ventures
Rho is a venture capital firm that has been investing in innovation since 1981, focusing on companies at various stages of growth by partnering with entrepreneurs to create market-defining businesses.
Bessemer Venture Partners
Bessemer Venture Partners is a long-standing venture capital firm established in 1911, with a global presence and a focus on supporting high-growth technology companies.
What's next for Dashlane?
Following its latest major strategic investment, Dashlane is well-positioned to accelerate its product development roadmap and expand its footprint in the enterprise security market. The company's growth trajectory, supported by a robust history of venture backing, suggests a focus on enhancing its proprietary identity protection algorithms and deepening its integration capabilities. As the demand for seamless, secure digital authentication continues to rise, Dashlane is expected to leverage its current capital position to fortify its competitive advantage and explore new avenues for market penetration in the cybersecurity landscape.
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