LastPass Brings Signature Password Management Capabilities to Teams in the Workplace

FAIRFAX, Va., Nov. 15, 2016 -- Today LastPass debuted LastPass Teams, a new business version of its market-leading password manager, complete with the login sharing and simplified user management features that teams and small businesses need to be productive.

LastPass Teams is available immediately on all popular browsers and platforms, including the browser extensions for Chrome, Firefox, Safari, Internet Explorer and Opera on Windows, Mac, and Linux.

“The number of cloud-based tools and online account logins used in today’s digital workplace has grown rapidly. Being able to share access to passwords with colleagues has become essential to our daily workflow,” said Joe Siegrist, VP and GM of LastPass. “We are committed to solving the password problem, for businesses of all sizes. With the addition of LastPass Teams, we now have a password solution for businesses big and small.”

LastPass Teams
Designed to meet the needs of teams of up to 50 users, LastPass Teams allows users to bring the convenience and security of LastPass to the office. This new offering enables business owners, team leads, and everyday users to be confident in solving their team’s password problems, without needing to be an IT professional. LastPass Teams includes:

• Quick, convenient, and secure team-wide password sharing of one account login or dozens at a time, with either one team member or a group.
• A simple, intuitive admin dashboard where team leads can add or remove team members, control who has access to which sites, set policies for extra security, and keep track of employee activity with automated reporting.
• Unlimited syncing so password changes and policies are automatically updated behind-the-scenes, keeping everyone up-to-date, no matter which device they’re using.

LastPass Enterprise 4.0
In addition to the release of LastPass Teams, an update to LastPass Enterprise includes improvements to better solve the identity and access management challenges facing larger organizations is now available.  The redesigned LastPass Enterprise focuses on offering advanced, customizable features for businesses who want to go one step further in securing their company and automating password management. Scaling for companies of all sizes, LastPass Enterprise offers powerful updates, including:  

• Active Directory Sync improvements, including nested groups, simplified filtering, and the ability to update AD configuration directly from the admin dashboard.
• Refreshed user interface for the admin dashboard, making it even easier to manage users and groups, provision access, set advanced settings, audit employee activity with automated reports, and more.
• More opportunities to provision access to popular apps directly from LastPass, with ten new integrations including Dropbox for Business, Trello, Github and more.
• New integration with Splunk enables customers to send activity logs to Splunk so they can keep all reporting in one place.

Pricing and availability:
LastPass Teams and the improvements to Enterprise are available immediately to all new and existing customers in the following versions:

• LastPass Teams ($29/user/year): A team password manager recommended for small businesses and groups up to 50, that gives you simple admin oversight and convenient password sharing for everyone.
• LastPass Enterprise (starting at $48/user/year): Custom admin controls, integrations like Active Directory, and cloud app provisioning to solve your access management needs, no matter how complex.

Existing Enterprise customers will be grandfathered at their previous rate for one year beyond their next renewal date. At the conclusion of the grandfather period, customers may renew their LastPass Enterprise account, or transition to LastPass Teams, at the new rates.
             
To find the latest versions of LastPass and for more information on the new updates, visit https://lastpass.com/.

Supporting details:

• LastPass.com/teams
• Blog
• Video

About LastPass
LastPass is an award-winning password manager that helps millions around the world organize their online lives. LastPass provides secure password storage to make going online easier and safer, with convenient access from any internet-enabled device. LastPass Teams and LastPass Enterprise remove password obstacles in the workplace, so businesses of all sizes can manage employee access and mitigate the risk of data breaches. Founded in 2008, LastPass is headquartered in Fairfax, Virginia and is a product of LogMeIn (NASDAQ:LOGM). For more information, visit https://lastpass.com.

LastPass is a trademark of LogMeIn in the U.S. and other countries.

Media Contact:
Lauren Van Dam 
[email protected]
781-897-1328