Startup Monday: Latest tech trends & news happening in the global startup ecosystem (Issue 48)

Toronto-based 1Password said on Wednesday it had raised $620 million in a funding round led by investment firm ICONIQ Growth, which more than tripled its valuation, as the cybersecurity startup aims for strategic acquisitions to boost its growth. Hollywood stars including Ryan Reynolds, Scarlett Johansson, Robert Downey Jr and Ashton Kutcher also participated in one of the largest rounds in the security funding space that valued the company at $6.8 billion.