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Teams, This Baltimore Startup Has The Answer To Sharing Passwords

When you’re collaborating remotely or even if you’re working in the same office, sometimes it’s necessary for teams to share passwords. Here at Nibletz our core team needs to share site passwords, social passwords, analytics passwords, and more.

There isn’t really an easy way to share passwords amongst your team.  If you’re a team with employees rather than just co-founders, there may be a risk in sharing a spreadsheet filled with all of your important passwords. If there is a great element of trust on your team it can just be cumbersome and inconvenient.

Well a Baltimore startup called, TeamPassword (see how easy that is to remember) has come up with a way to share passwords across your teammates and keep them safe and secure.

We got a chance to talk with Alex Zaremba about TeamPassword. Check out our interview below.

 

What does your company do?

We do collaborative password management, for teams that need to share and manage passwords in their company. Think 1password with sharing. Our mission is to replace that shared excel spreadsheet companies use to keep track of their accounts.

Who are the founders, and what are their backgrounds?

TeamPassword was founded by a group of friends with decades of combined tech experience. Their combined experience covers every facet of product development, including deep experience with product design, programming, UI and UX, Marketing, Sales, and operations.

Where are you based?

Sunny Baltimore MD.

What’s the startup scene like where you are based?

It might be surprising, but Baltimore has a great community for start-ups. Since I’ve been on the scene, I’ve seen a huge growth in the number of institutions and programs focused on fostering and accelerating entrepreneurship. Additional, we have a great technology community with a huge Ruby on Rails and Javascript meetups, which is a huge advantage when it comes time to scale our team.

What problem do you solve?

We solve the password management and sharing issues for Companies, which really has two components: Productivity and Security.

Right now, the prevailing method of managing passwords is a spreadsheet, shared some way with all the employees on a need to know basis. There are a number of problems with this:

1) It’s really inconvenient to get to and update, which means

2) It’s usually out of date

3) There’s no great way to segment the data; meaning your marketing team sees your server credentials, and

4) If this document got into the wrong hands, or, leaves with a disgruntled employee, you’re in trouble.

Here’s how we solve these problems: when users interact with TeamPassword through their Chrome extension, they have instant access to the accounts that are shared with them, and only the accounts shared with them. They can fill the username and password directly into the password, making getting into the accounts they need to do their job easy. Additionally, since users don’t need to remember the password, you can use a long, secure, randomized string.

Why now?

Why not? If TeamPassword would have been around while I was working at my past 3 companies, I would have been the first in line to get signed up. Having a great shared password solution mirrors the trend in software being replaced by the web: servers, error tracking, social media, banking, invoicing, and all important business operations are handled online. Companies have great systems to manage finances, employees, paperwork, so it’s about time we have a system to manage the information that protects everything we do.

One piece of enabling technology is the proliferation of Javascript frameworks—all of the tricky encryption we do at the user level would of been really hard to do even a year or two ago, we’re riding the wave of pushing more intelligence to the browser.

What are some of the milestones your startup has already reached?

We launched at a Startup Weekend late last year, incorporated in January of this year, powered through our alpha, and just recently launched into open beta. We now have dozens of customers, growing daily.

What are your next milestones?

We’re working on increasing our user base by a large factor over the next few months, and we also have some very cool, top secret technology in the works that we think people will get excited about.

Where can people find out more? Any social media links you want to share?

TeamPassword.com and @teampassword are the places to go.

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