LastPass

LastPass
Company typePrivate
Industry
Founded2008; 16 years ago (2008)
Headquarters125 High Street,
Boston, Massachusetts
,
United States
Key people
Karim Toubba, CEO (2022-Present)
Revenue$200 million (2021)
Owners
Number of employees
800+ (2024)
Websitelastpass.com
Footnotes / references
[1][2]

LastPass is a password manager application.[3] The standard version of LastPass comes with a web interface, but also includes plugins for various web browsers and apps for many smartphones. It also includes support for bookmarklets.

Founded in 2008 by four developers,[4][5] Lastpass was acquired by GoTo (formerly LogMeIn Inc.) for $110 million in 2015.[6] LastPass was spun-off from GoTo into a stand-alone business in 2024.[7]

LastPass suffered significant security incidents between 2011 and 2022. Notably, in late 2022, user data, billing information, and vaults (with some fields encrypted and others not)[a][8] were breached, leading many security professionals to call for users to change all their passwords and switch to other password managers.[9]

  1. ^ Chesto, John (April 26, 2022). "LastPass has a new CEO". The Boston Globe. Retrieved 23 February 2023.
  2. ^ Chesto, John (December 14, 2021). "LastPass to stand alone as LogMeIn owners say they'll spin off the password management company". The Boston Globe. Retrieved 23 February 2023.
  3. ^ Cite error: The named reference Acquired by LogMeIn was invoked but never defined (see the help page).
  4. ^ Stross, Randall (June 11, 2011). "Why Encrypted Passwords Make a Difference". The New York Times. Retrieved May 1, 2024.
  5. ^ Orin, Andy (January 16, 2015). "Behind the App: The Story of LastPass". Lifehacker. Retrieved May 1, 2024.
  6. ^ Gagliordi, Natalie (October 9, 2015). "LastPass bought by LogMeIn for $110 million". ZDNET. Retrieved May 1, 2024.
  7. ^ Hale, Craig (May 2, 2024). "LastPass officially splits from former parent GoTo". TechRadar. Retrieved May 2, 2024.
  8. ^ Toulas, Bill (May 22, 2024). "LastPass is now encrypting URLs in password vaults for better security". BleepingComputer. Retrieved May 30, 2024.
  9. ^ Newman, Lily Hay. "Yes, It's Time to Ditch LastPass". Wired. ISSN 1059-1028. Archived from the original on 2024-01-23. Retrieved 2022-12-30.


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