Robichaud believes the Montreal startup scene is on its way to earning international recognition as an entrepreneurial hotbed.
PasswordBox fills an important need, providing a secure, easy-to-use solution users can access from any location, on any device.”īeyond PasswordBox, Mr. Using more complex passwords just compounds the issue, while more simple or repetitive passwords can be vulnerable to security issues. “People have too many passwords to remember.
“PasswordBox clearly fits our investment strategy, which involves partnering with companies with significant growth potential and market opportunities,” OMERS Ventures director Damien Steel said in a statement. Robichaud, this funding round will be used to scale the company, adding to the company’s current 35-strong headcount at both its Montreal headquarters and its smaller San Francisco office. Launched with a private beta about a year ago, PasswordBox opened itself up to the general public in June, and now boasts more than one million users.
PASSWORDBOX INC PASSWORD
This is why we created password box, it’s an easy solution for people to remember all their passwords and to never have to type any password ever again.” “If something ever happens to me, there’s no way for me to transfer my digital life to someone I trust,” he said. “We realized that in order to transfer your digital assets to people you trust, you need to manage, on a day to day basis, your digital life. After his mother was involved in a minor car accident, he realized that if something tragic had happened to her, there would be no way for him to gain access to those photos, or her other digital accounts. Robichaud said the inspiration for PasswordBox came to him one weekend while he was visiting his mother, who was in the process of digitizing the family’s photos, and uploading them to an online account. Robichaud, who is the co-founder and chief executive of PasswordBox, the service goes beyond securing and managing passwords for email accounts, online shopping sites and app stores.
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