Blockchain identity verification platform 1Kosmos completes $57 million Series B funding

According to Techub News, blockchain identity authentication platform OSMO has completed a Series B funding round of $57 million, led by Forgepoint Capital and Oquirrh Ventures under Origami, with participation from Craig Abod, founder and president of Carahsoft, NextEra Energy Ventures, Gula Tech Adventures, and the 1Kosmos management team. OSMO uses personal identifiable information (PII) with a private, permissioned blockchain for encryption and storage to help enterprises transform identity verification into a business driver, advancing the future of authentication and passwordless identity verification. The company's total funding has now exceeded $72 million, including a $15 million Series A round.