Keeper Security

Overview
Activities
News
Identity & Access Management?
Product stageSegments
Expansion
?
Credential and password management, Access management and governance
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Keeper Security provides cloud-based zero-trust and zero-knowledge cybersecurity software that protects passwords, passkeys, secrets, connections, and privileged access. Its flagship product, Keeper Password Manager, allows users to securely store an unlimited number of passwords, identities, payment details, and other sensitive information in an encrypted digital vault.

The software generates strong, random passwords and auto-fills them for users across devices and websites, eliminating the need to reuse or remember passwords for individual accounts. Keeper uses 256-bit AES encryption and a proprietary encryption key architecture to secure all user data, ensuring only the end-user can access their information.

Keeper's password management platform offers a range of features, including customizable vault entries, passkey support, secure file storage, encrypted messaging (KeeperChat), and time-based one-time password (TOTP) authentication. It also provides a security audit tool to identify and update weak or reused passwords, enhancing overall cybersecurity.

In March 2023, Keeper introduced BreachWatch, a real-time dark web monitoring service that alerts users if any of their credentials saved in the Keeper vault are found on the dark web. Additionally, Keeper supports various multi-factor authentication methods, such as biometrics, authenticator apps, and smartwatch compatibility.

Key customers and partnerships

In May 2023, Keeper partnered with Pax8, a leading cloud commerce marketplace, to provide its cybersecurity solutions to Managed Service Providers (MSPs) and their clients through the Pax8 Marketplace. This partnership aims to equip MSPs with robust password management and privileged access solutions to mitigate password-related cyber risks.

Funding and financials

In May 2023, the company received a minority growth equity investment from Summit Partners, the amount of which was undisclosed. It was intended for product development and strategic expansions.

HQ location:
820 W. Jackson Boulevard Suite 400 Chicago IL USA
Founded year:
2011
Employees:
251-500
IPO status:
Private
Total funding:
USD 60.3 mn
Last Funding:
-
Last valuation:
-
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