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.
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