LogMeIn, Inc., a provider of cloud-based solutions such as LastPass, GoToConnect, GoToMeeting and Rescue, announced the intent to establish LastPass as a standalone company. The category leader in zero-knowledge password management, LastPass is used by more than 30 million users and 85,000 businesses worldwide and is set for strong and sustained growth as consumers and businesses continue prioritising password security.
By establishing LastPass as a standalone business, the company plans to increase investment in the customer experience, go-to-market functions and engineering to accelerate its organic growth in password management, Single Sign-On (SSO) and Multi-factor Authentication (MFA).
