Bitwarden announces $100 million financing

[silversurfer]

Today Bitwarden is sharing exciting news that it has secured a $100 million growth investment. PSG, the lead investor, has taken a minority position in the Company and will join the board of directors. Existing investor Battery Ventures also participated.

Please see the full news release.

Accelerating Value for Bitwarden Users - Bitwarden raises $100 million | Bitwarden

A message from the Bitwarden CEO on accelerating value for Bitwarden users and customers

bitwarden.com

 

[Pixel_]

Accelerating Value for Bitwarden Users - Bitwarden raises $100 million | Bitwarden

A message from the Bitwarden CEO on accelerating value for Bitwarden users and customers

bitwarden.com

PSG, the lead investor, has taken a minority position in the Company and will join the board of directors.

Is this a good thing?

 

[vaccineboy]

Is this a good thing?

There might be a price increase.

 

[Pixel_]

Is this a good thing?

So:

 

[show-Zi]

There might be a price increase.

When it comes to money movements, good news for companies can be bad news for consumers.

 

[upnorth]

If they ever want to grow, they have to make this type of deals. Equity firms sadly has in general a way of handle their investments that brings bad rep. Hopefully not in this case.