Cybersecurity company 1Kosmos has raised $57 million in Series B funding. The new funding will help the company grow in global markets and improve its identity verification and passwordless login solutions.
The round was led by Forgepoint Capital and Oquirrh Ventures, bringing the company’s total funding to $72 million. The money will be used for:
- Expanding operations in North America, Asia, the Middle East, and Europe
- Building AI-powered security features like deepfake detection
- Strengthening sales and channel partnerships
Why It Matters
Online fraud and impersonation attacks are increasing worldwide. Businesses need stronger identity verification systems to protect customers and data.
1Kosmos offers:
- Passwordless authentication
- Biometric login
- Blockchain-secured identity storage
These tools help stop phishing, deepfakes, and identity theft.The Bigger Picture
The Bigger Picture
1Kosmos already works with banks, healthcare, telecom, and governments. It recently received a $194.5M U.S. government contract for its secure login system. With this new funding, the company plans to expand its global footprint and become a key player in next-generation cybersecurity.
The $57M funding round shows strong investor confidence in 1Kosmos. The company now has the resources to grow faster and lead the shift toward AI-driven, passwordless security worldwide.
