It moved to New York in 2011 but most employees remain based in Paris.Dashlane represents a website that offers a password management service. It was founded in Paris five years ago by three engineers backed by Bernard Liautaud, the French entrepreneur who started Business Objects, the data analysis software company acquired by SAP for $6.8 billion in 2007. Dashlane raised its price from $29.95 in September.ĭashlane is unusual for being the only company in the password management field to be venture capital-backed, having received $30 million in funding from Rho Ventures, FirstMark Capital and Bessemer Venture Partners. Rival programmes range in price from free to around $30 a year. The new software will be free on a single device but will cost $39.99 a year to manage passwords across multiple devices and access premium features. Though some cyber security experts have said passwords will eventually be replaced by other forms of identification, such as fingerprints, the prospect of passwords disappearing completely remains a long way off and Dashlane has, in effect, found a way to manage a user’s digital identity across the Web. “We are making passwords go away from the perspective of the consumer, without doing away with passwords from a technical perspective,” Schalit said. “The key is to have reasonably complicated passwords that are different on every website,” Dashlane Chief Executive Emmanuel Schalit said in a telephone interview.ĭashlane will introduce a feature that updates passwords automatically at pre-set intervals, say every 30 days, or at the user’s request if, for example, a website’s security has been compromised. Each helps users to store and organise their passwords in a secure database controlled by a master password.īut by offering a way to change passwords regularly with just a few clicks, Dashlane’s approach marks a breakthrough in an industry that typically demands users create complex strings of text and numbers - a request that largely goes unheeded. Dozens of similarly featured programmes exist, with LastPass, RoboForm and Dashlane among the most popular across both computer and phone systems.
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