logo
logo

Doppler Lands $20M To Help Companies Manage Their App Secrets

Apr 27, 2022about 3 years ago

Amount Raised

$20 Million

Description

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 Information

Company

Doppler

About

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.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech