(insert "but why?" meme)
All I want from a password manager is to securely store a list of passwords. That's it. Add in copy/paste functionality, and I'm all set.
I don't want to pay a monthly fee just to store a KB or two of data.
(insert "but why?" meme)
All I want from a password manager is to securely store a list of passwords. That's it. Add in copy/paste functionality, and I'm all set.
I don't want to pay a monthly fee just to store a KB or two of data.
Sure. We could all evangelize some esoteric command line FOSS system, but the general public NEEDS secure password management
You are giving a centralized 3rd party identifying information about you because of the subscription, control over your passwords because of the updates and you have to believe and trust it's never going to deny you access even without payment, issue an update to steal those passwords or be hacked by someone who does the same or hacks you through it. Oh, and they can do all the surveillance capitalism business models since they have access to the websites you visit.
Sure, you could put the money in your safe at home, but security always has tradeoffs.
Now all of that aside -- the 1Password funding round was oriented around selling to businesses and the investments needed to run hard at that. It costs money to build a business that's competitive in that B2B market but businesses can provide healthier / less jumpy revenue streams, which is good for a business like 1Password.
Also there are definitely results when you search for “standalone” in the support section, including the link I had in my comment.
Set a super long generated password on your bank account and then need to log in on your phone? That's a pain if you're just using KeepPass on your desktop.
That said using an encrypted storage file and an existing file sync service (Dropbox, Box.net, Onedrive, GDrive) and a client that supports using such a file would solve the problem, and I think 1Password at least supports this.
Security is like investing, don't use what you don't understand. (At least at a high level.)
That said, $200M seems crazy. You don't need that many employees for a password manager. How much of that is going to just end up being funneled to Google/FB via ads, as often happens with these raises.