1Kosmos completes $57 million Series B financing to advance biometric identity security
According to reports, American company 1Kosmos announced the completion of $57 million in Series B financing. This round was led by Forgepoint Capital and Origami's Oquirrh Ventures, with Bridge Bank providing a $10 million credit facility, bringing the total financing amount to $72 million. The company plans to use these funds to drive product innovation, accelerate its market expansion in North America, Europe, the Middle East, and the Asia-Pacific region, while deepening its technical integration with mainstream Identity and Access Management (IAM), Customer Identity and Access Management (CIAM), Privileged Access Management (PAM), and Zero Trust platforms.