Regardless of the TAM of secret management and the enterprise market for it.. this is a ton of money. I don't fault 1Password for taking it if it was offered, but I personally find it off-putting. How can the market opportunity be so compelling to justify that level of investment, but at the same time require that much capital infusion to chase? If there is enough demand it should be possible to balance funding from external investment and cash flow. They've been around 17 years, so my hope is it is just early investors cashing out on a $7B valuation, which seems doesn't seem unreasonable. It is hard to know without more details.