![]() ![]() When Kira implemented a test version of the feature in its workplace in February, Coleman said it instantly made his life easier. Joey Coleman, an IT systems director at Kira Systems, a company that develops machine learning–infused software for law firms, started providing AgileBits with feedback on early iterations of its secrets-automation product a year ago. “A midsize business may be dealing with hundreds of secrets, but a larger enterprise is going to be dealing with tens of thousands of secrets.” Plomp-and away we go! “There’s more machine-to-machine connections, more multi-cloud solutions, than ever before, and with that there’s just a vast number of secrets to secure,” he said. Shiner said the new product gains urgency in the wake of COVID-19. Similar to the way 1Password automates password management, the new service is designed to “secure, orchestrate, and manage your company’s infrastructure secrets,” like the ones described above. On Tuesday, 1Password announced a new subscription service, priced at $29 per month, called 1Password Secrets Automation. Or they can be so-called access tokens, which connect to cloud services, among other things. ![]() The tool helps people eliminate the headaches of creating, storing, and manually entering login credentials, much like rival applications Dashlane, LastPass, and Keeper.īut techies face similar hassles when it comes to managing a variety of similarly sensitive “secrets.” These can be private cryptographic keys, which programmers use to “sign”-or digitally attest to the authenticity of-software. Keep it secret, keep it safeġPassword is best known for its flagship password manager of the same name. Marc Mackenbach, SecretHub’s founder and chief executive, said in a statement that his company was “approached by numerous suitors,” but that 1Password stood out for sharing his core belief that “security and convenience should go hand in hand.” He is taking the title “principal product manager” at 1Password. The team has “a lot of experience and talent,” Shiner said. The company employed about a dozen people, all of whom have since joined AgileBits to help bolster 1Password’s secret-keeping chops for businesses. The price tag for such deals rarely exceeds the single-digit millions of dollars.įounded six years ago, SecretHub never raised outside venture capital, according to PitchBook, a startup tracker. While the terms of the deal were not disclosed, Jeff Shiner, AgileBits’ chief executive, told Fortune the acquisition can be considered an “acqui-hire,” meaning a small deal focused on bringing aboard a new set of people and skills. AgileBits, the Toronto-based maker of a popular password management tool, 1Password, has acquired SecretHub, a Dutch cybersecurity startup.
0 Comments
Leave a Reply. |