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Venture Capital News: 1Kosmos Exits Stealth With $15M in Funding

2021-02-18
SOMERSET, NJ, 1Kosmos has landed a $15 million investment from ForgePoint Capital.
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, 1Kosmos' family of products-BlockID Verify, BlockID Workforce and BlockID Customer-delivers unmatched security for enterprises and individuals.

1Kosmos is the world's only cybersecurity solution that combines indisputable digital identity proofing with advanced biometric and passwordless authentication while storing user data encrypted in a private, permissioned blockchain. Its flagship solution, BlockID, offers the highest level of identity and authentication assurance in the market for the workforce and customers. The company is headquartered in Somerset, New Jersey, with development offices in Mumbai, India. For more information, visit www.1kosmos.com.
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