Password management provider 1Password today announced that it has acquired cybersecurity startup Trelica Ltd.

The terms of the deal were not disclosed. Toronto-based 1Password, officially AgileBits Inc., is backed by $920 million in venture funding.

It provides a popular password manager of the same name that is used by several million consumers. In addition to login credentials, the software can store credit card numbers, information related to a user’s cryptocurrency wallet and other sensitive data.

Alongside its consumer product, 1Password offers business versions that include additional features. Workers can use the software to share login credentials within another, while administrators have access to a tool for monitoring password strength.

U.K.-based Trelica competes in an adjacent part of the cybersecurity market. It provides a cloud service that enables companies to detect shadow IT applications, or software-as-a-service applications provisioned by users without the information technology department’s approval. Such unauthorized services can potentially pose cybersecurity risks.

Trelica detects shadow IT applications by analyzing logs from a company’s internal systems. It can, for example, connect to Microsoft Corp.’s Entra ID access management service and detect when employees use their Microsoft accounts to log into an unauthorized service. Trelica also offers a browser extension that can collect more detailed data about what applications are used by workers.

Besides unauthorized SaaS accounts, the platform also spots insecure software integrations. Trelica can, for example, identify when a user gives an unauthorized application access to a Dropbox folder that contains sensitive documents. An access management console allows administrators to quickly disable such integrations.

Alongside its core cybersecurity features, Trelica provides tools that companies can use to manage their SaaS spending. The software detects when an organization purchases more application seats than workers require. It also sends renewal remainders when a cloud subscription is about to expire. 

A built-in automation tool allows IT teams to have Trelica perform certain tasks without manual input. Administrators can, for example, automate the process of creating new employee accounts in SaaS applications. 

Following the acquisition, 1Password will use Trelica’s technology to enhance its Extended Access Management product. Introduced last May, the offering enables companies to implement single-sign on for their applications and block login requests from insecure devices. It also provides a tool for detecting shadow IT applications, which 1Password plans to extend using Trelica’s technology. 

“The acquisition of Trelica accelerates our path to delivering the full potential of our Extended Access Management platform, which ensures that employees’ devices, identities and apps are trusted before access is granted — all without increasing complexity or IT overhead,” said 1Password co-Chief Executive Officer Jeff Shiner.

Image: 1Password