LastPass is a password manager that stores and manages users' credentials, credit card data, secure notes, and other sensitive information across computers and mobile devices.
Funding
Funding not disclosed
Founders
Product
Problem
Users must remember numerous complex passwords and often reuse weak credentials, exposing them to credential theft and account compromise. Managing passwords across multiple devices and platforms is cumbersome without a centralized, secure solution.
Solution
LastPass provides a cloud‑based password manager that stores credentials, payment information, and secure notes in an encrypted vault. The vault is encrypted locally on the user’s device using 256‑bit AES and PBKDF2‑SHA256 with salting, implementing a zero‑knowledge model so the master password is never known to LastPass. Encrypted data syncs across supported computers (Windows, macOS, Linux, major browsers) and mobile devices (iOS, Android, watchOS), allowing users to retrieve passwords automatically via autofill or browser extensions. Optional two‑factor authentication adds an extra layer of protection. The service also includes password generation, secure sharing, and a web dashboard for managing vault contents.
Target Audience
Individuals and businesses that need to protect and manage multiple login credentials, payment details, and sensitive notes across desktops and mobile devices.
Features
- Zero‑knowledge encryption: master password never stored on servers, data encrypted/decrypted locally
- 256‑bit AES encryption with PBKDF2‑SHA256 key derivation and salting
- Cross‑platform support: Windows, macOS, Linux, Chrome, Firefox, Edge, Safari, iOS, Android, watchOS
- Automatic password capture and autofill via browser extensions and mobile apps
- Built‑in strong password generator and secure note storage
- Encrypted password sharing and emergency access (paid plans)
- Two‑factor authentication (TOTP, hardware keys) for account login
- Real‑time sync of vault data across unlimited devices for paid users