1Password

Toronto’s 1Password has introduced a new feature that allows users to associate passwords with specific physical locations. The Nearby section on the app’s home tab will now display relevant logins based on a user’s proximity to saved locations. Users can add locations while on-site or via a map view.

The feature helps reduce clutter by prioritizing frequently used credentials, such as health cards at clinics or travel documents at airports. AgileBits assures that location data is stored locally and never shared. Users can disable the feature at any time for added security.

Want to know more? Check out the source code on The Verge.

Toronto-based 1Password has acquired Trelica, a leader in SaaS access management, to enhance its Extended Access Management (XAM) platform. The acquisition boosts 1Password’s ability to tackle Shadow IT by identifying unmanaged apps and automating access governance.

This move advances 1Password’s mission to secure workplaces without hindering productivity. CEO Jeff Shiner highlighted Trelica’s alignment with Zero Trust principles, enabling organizations to optimize SaaS spend and meet compliance standards like SOC 2. The acquisition positions 1Password as a leader in emerging XAM solutions.

Want to know more? Check out the source code on BusinessWire.

Toronto-based 1Password, a password management solutions provider, stands out as Canada’s sole representative in the prestigious Cloud 100 list.

Compiled by Bessemer Venture Partners and Salesforce Ventures, in collaboration with Forbes magazine, this ranking highlights top global private cloud-computing companies.

Placing 50th among the diverse pool of 100 firms, 1Password holds a USD 6.5 billion valuation.

Established in 2005, it has now shifted focus towards a “passwordless future” with secure passkeys, enhancing user authentication. Notably, 1Password’s absence from AI applications differentiates it from the majority on the list.

Want to know more? Check out the source code on BetaKit.