Identity-First Security: 1Kosmos Secures $57M to Revolutionize Digital Trust

Key Points

1. 1Kosmos raised $57 million in Series B funding, including a $10 million credit line from Bridge Bank, bringing its total funding to over $72 million.

2. The funding will be used to expand Research and Development (R&D) efforts and accelerate the company's global go-to-market strategy.

3. 1Kosmos's identity-first security approach prioritizes user identity as the primary control point for access, offering stronger protection against fraud and unauthorized access.

4. Passwordless authentication is highlighted as crucial due to the vulnerabilities of traditional password-based systems, with 1Kosmos providing a more secure and seamless user experience.

5. The investment reflects growing recognition of the importance of digital identity verification in preventing fraud and enhancing cybersecurity.