Doppler Lands $20M To Help Companies Manage Their App Secrets
04/27/22, 12:00 PM
Money raised
$20 million
Secrets management, or the use of tools to access and create digital authentication credentials, was growing in adoption pre-pandemic. But as the health crises forced businesses to move online, secrets management became an indispensable part of operations. According to a 2021 1Password survey, 65% of companies now have over 500 secrets while 18% have more than they can count.
Company Info
Additional Info
The startup has raised $28.8 million in capital to date, Vallelunga says that Doppler has 16,000 organizations as customers including Puma, Hopin, Toast and OnDeck and is serving more than 1.5 billion secrets every month. Doppler is Vallelunga’s fifth venture after Laborate (a classroom collaboration app), Juicy (an “anonymous” social network), Burl Apps (a mobile app incubator) and Miza (an ad platform that bypasses ad blockers). Of course, Doppler isn’t alone in competing for enterprises’ dollars to manage secrets.