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Bitwarden raises $100M

bitwarden.com

101–110 of 522 posts

Re: Bitwarden raises $100M

#101

Glad for them and I really hope them to succeed in the long run, engrosing the list of successful bussiness based on OS. As a side note, I've been tempted so many times at this point on getting a payed subscription and getting rid of my "keepass+keepassdb sync via Google drive+keepass keyfile local copy on each device" for the sake of making things simpler. I've read how the internals work, checked the auditories, re…

Only irrational thing there was your last sentence.

Re: Bitwarden raises $100M

#102

Glad for them and I really hope them to succeed in the long run, engrosing the list of successful bussiness based on OS. As a side note, I've been tempted so many times at this point on getting a payed subscription and getting rid of my "keepass+keepassdb sync via Google drive+keepass keyfile local copy on each device" for the sake of making things simpler. I've read how the internals work, checked the auditories, re…

Maybe some sort of self hosting arrangement would work for you? I self-host Bitwarden behind a Wireguard VPN so it's only visible to devices I've authorised. Self-hosting comes with it's own risks of course but you would at least be in control of your data.

Re: Bitwarden raises $100M

#103

Earlier quoted context omitted.

> Why would a password manager need so much money? The announcement suggests they are looking to also launch their own authentication service and tools for managing application secrets.

How did I have to scroll this far down to find someone who's actually read the post? Everybody seems to think the money is purely for expanding the password manager, while in the post they call out adjacent markets they want to expand to. I'm cautiously optimistic that this could mean we won't see the end of Bitwarden, as those are areas where companies will pay big money.

It's not that people didn't read the statement, it's that people have learned not to trust statements like this. Ask all Heroku's customers who were just fired by Salesforce to focus on their enterprise offering for example.

Re: Bitwarden raises $100M

#104
post #98

Earlier quoted context omitted.

Even if that is the case, storing passwords across devices is a solved problem and not enough people are willing to pay for it to be a profitable business. “It’s a feature not a product”

> and not enough people are willing to pay for it to be a profitable business. 1Password is doing just fine..

Now they are also raising rounds of funding “chasing after the enterprise”. Every single time a small bootstrapped company tries to “accelerate growth by going after the enterprise” the product gets worse for consumers. See also DropBox.

1Password’s desktop app is much worse than it use to be all while each platforms built in capabilities are getting better.

Re: Bitwarden raises $100M

#105
After lastpass, I am a little wary about password managers. Not sure when they plan to "monetize" me.

Been using google password since lastpass turning on paywall. What's your opinion of Bitwarden? Reasons to give it a try? Having all passwords locked up is no fun.

Re: Bitwarden raises $100M

#106

After lastpass, I am a little wary about password managers. Not sure when they plan to "monetize" me. Been using google password since lastpass turning on paywall. What's your opinion of Bitwarden? Reasons to give it a try? Having all passwords locked up is no fun.

They charge for a premium plan, as per the article. We pay for a premium plan at our company.

Re: Bitwarden raises $100M

#107
post #25

Earlier quoted context omitted.

If you can trust that will stay at the end of the honeymoon, which is very much not a given in these cases. At least vaultwarden is independent and someone can fork the clients when needed.

How is vaultwarden more independent than bitwarden? Aren't they both FOSS and can be forked?

Bitwarden/server has some proprietary components: https://github.com/bitwarden/server/tree/master/bitwarden_li...

Plus it is AGPL + CLA so bitwarden themselves can do what they want

Re: Bitwarden raises $100M

#108
post #9

It’s the password manager of my choice. I hope they manage to survive. Maybe they should try increasing their annual fee. At $10/year it’s a steal

I wonder what their costs are like? I'm not familiar with all the features of Bitwarden in particular, but a password management service is basically E2EE cloud storage for very tiny files, a simple account system, and then a bunch of clients.

Building and maintaining clients for all operating systems and browsers probably costs the most, but it can likely be done by 1 or 2 full time engineers.

Or am I completely underestimating the complexity of something like this?

Re: Bitwarden raises $100M

#109

Bitwarden already does one thing well. It's everything I'm looking for - open source, costs money but not much ($10/yr), 2FA, clean interface. I'm happy for the new investment, but I hope they don't start adding new things just for the sake of growing. Also - to the people who analyze funding rounds - $100M sounds like a huge amount to me. Why would a password manager need so much money?

I just hope we won't get repeat of LastPass - some company buys it then just keeps on life support while raising prices.

Also "OSS" version is not really open source, it's just core and all the features you really want from password manager are behind the paid license anyway

Re: Bitwarden raises $100M

#110
post #97

Bitwarden replaced lastpass for me and really i'd never go back. My only gripe is filling in card details, there is never a floating icon to click to do it automatically, you need to go to the menu bar and select the card. Apart from that all perfect!

After lastpass announced you could only have 1 device in the free tier, I was gone too.
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