1Kosmos Secures $15 Million in Series A Funding from ForgePoint Capital>
Business Wire
SOMERSET, N.J.–(BUSINESS WIRE)–1Kosmos, the only cybersecurity solution to provide digital identity proofing and passwordless authentication, announced a $15 million investment from ForgePoint Capital, the premier venture investor for early-stage cybersecurity companies. With the closing of this funding round, 1Kosmos comes out of stealth mode to offer a unique security platform that brings the highest identity and authentication assurance levels through advanced biometrics and a private blockchain ecosystem. Led by CEO Hemen Vimadalal, CTO Rohan Pinto and CSO Mike Engle, 1Kosmosâ family of productsâBlockID Verify, BlockID Workforce and BlockID Customerâdelivers unmatched security for enterprises and individuals.

Developed by an executive team with deep roots in cybersecurity and whose experience includes senior roles at Simeio, Sun, Oracle, Vaau, Lehman Brothers and Saviynt, 1Kosmosâ BlockID products go beyond all passwordless solutions on the market by bringing decentralized identity to workforces and customers. The companyâs indisputable ID-proofing process leverages user-uploaded identity credentials. This is backed by the use of advanced biometrics to ensure customers know for a fact who is accessing systems, applications and secure data. This eliminates the need for usernames and passwords or complex multi-factor authentication. BlockID integrates with any application, website or operating system and doesnât require additional software or technology.
Link: https://www.businesswire.com/news/home/20210216005130/en/1Kosmos-Secures-15-Million-in-Series-A-Funding-from-ForgePoint-Capital