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Keeper Security
Keeper Security, founded in 2011 in Chicago, United States, has received $60.25 million in total funding.
Keeper Security
Keeper Security, founded in 2011 in Chicago, United States, has received $60.25 million in total funding. The company focuses on password and digital asset protection to combat cyber theft.
General information
Firm type
Asset Manager
Year founded
2011
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Additional offices
Cork, Ireland · Tokyo, Japan
Principals
Darren Guccione
CEO and Co-founder
Craig Lurey
CTO and Co-founder
Sector focus
Frequently asked questions
Who runs investment decisions at Keeper Security?
Keeper Security is a privately held operating company, not an investment firm. Strategic and financial decisions are led by co-founder and CEO Darren Guccione alongside CTO and co-founder Craig Lurey. Summit Partners, which holds a minority stake, has board representation but does not control day-to-day investment decisions.
How does Keeper Security source its competitive advantage in a crowded market?
Keeper's zero-knowledge encryption architecture is its main differentiator — vaults are encrypted and decrypted at the device level only. The company also emphasizes a bootstrapped origin story that forced it to prioritize unit economics early, in contrast to heavily venture-backed rivals. Its pricing model serves both consumer and enterprise segments within one codebase, an operational efficiency that pure-play consumer or enterprise competitors rarely replicate.
Is Keeper Security bootstrapped or venture-backed?
Keeper operated without external equity funding from its 2011 founding until August 2018, when Summit Partners took a minority stake for $60 million. The company has not disclosed any subsequent funding rounds, suggesting the Summit investment remains the sole outside capital event (per the firm's official communications, 2020).
Does Keeper Security operate any affiliated investment vehicles or family-office structures?
No affiliated investment vehicles, family-office structures, or philanthropic foundations tied to Keeper Security have been publicly disclosed. Founders Darren Guccione and Craig Lurey have not surfaced in known family-office registries or co-investor networks under separate financial vehicles.
Which sectors does Keeper Security explicitly avoid?
Keeper has not publicly published a list of excluded sectors. However, as a zero-knowledge cybersecurity vendor subject to export controls and government supply-chain requirements, the company precludes any use case that would mandate sharing decryption keys with third parties — a constraint that functionally excludes certain state-surveillance and data-brokering relationships by product design.
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