LastPass is a cybersecurity company specializing in password and identity management solutions. Founded in 2008, it offers a secure vault for storing passwords, single sign-on capabilities, and adaptive multi-factor authentication designed to enhance online security. The company focuses on helping individuals and organizations protect sensitive credentials while maintaining ease of access.
Headquartered at 125 High Street in Boston, Massachusetts, LastPass is owned by private equity sponsors including Francisco Partners and LMI Parent. It was acquired in May 2024, marking the latest stage in its growth and development.
LastPass serves millions of users and over 100,000 businesses worldwide, providing enterprise-grade security and convenience. Its products integrate with web browsers and applications to promote the use of strong, unique passwords and reduce credential theft risk.
The company has multiple office locations in Boston and continues to be recognized as a leader in the enterprise password management market, competing with firms like Okta and CyberArk.
In addition to its core services, LastPass emphasizes privacy and protection for both individual users and organizations, positioning itself as a trusted partner in digital identity security.