Microsoft Ventures has led a $10m series B round for the online identity verification startup that will support a push into new markets.

US-based identity authentication platform developer Trusona secured $10m yesterday in a series B round led by Microsoft Ventures, the corporate venturing division of software provider Microsoft.

Kleiner Perkins Caufield & Byers (KPCB), the venture capital firm that led Trusona’s $8m series A round in February 2016, also participated.

Founded in 2015, Trusona has created an online authentication system that aims to remove the security risk associated with passwords, instead using email verification and photo ID-scanning technology to allow different levels…