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Arkose Labs Raises $70M to Tackle Fraud Arkose Labs, a provider of online fraud and abuse prevention technology, today raised a $70 million Series C funding round led by SoftBank Vision Fund 2 with additional participation from Wells Fargo Strategic Capital and previous investors M12 and PayPal Ventures. That brings the total funding to $114 million. The new round of funding will go toward platform development, new hires and global expansion.  The company built its platform by first looking at how fraudsters make money by attacking digital platforms. By working backwards from that starting ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Arkose Labs Raises $70 Million Led by SoftBank Vision Fund 2 to Bankrupt the Business of Fraud Arkose LabsMay 11, 2021 GMT SAN FRANCISCO, May 11, 2021 (GLOBE NEWSWIRE) -- Arkose Labs, provider of online fraud and abuse prevention technology, today raised a $70 million Series C funding round led by SoftBank Vision Fund 2* with additional participation from Wells Fargo Strategic Capital and previous investors M12 and PayPal Ventures, bringing the total funding to $114 million to date. Arkose Labs tak...

Arkose Labs Raises $70 Million Led by SoftBank Vision Fund 2 SAN FRANCISCO, May 11, 2021 (GLOBE NEWSWIRE) -- Arkose Labs, provider of online fraud and abuse prevention technology, today raised a $70 million Series C funding round led by SoftBank Vision Fund 2* with additional participation from Wells Fargo Strategic Capital and previous investors M12 and PayPal Ventures, bringing the total funding to $114 million to date. Arkose Labs takes an approach that is unique in the industry to fighting fraud and cybercrime. Rather than being reactive and playing a constant game of whack-a-mole with ...

Arkose Labs Continues Global Expansion with New EMEA Headquarters April 27, 2021 11:15 ET | Source: Arkose Labs Arkose Labs SAN FRANCISCO, April 27, 2021 (GLOBE NEWSWIRE) -- Arkose Labs, a provider of online fraud and abuse prevention technology, today announced the expansion of the company’s global operations in EMEA with its regional headquarters opening in London. Adding to its existing presence in the U.S. and Australia, Arkose Labs will use its new London headquarters for additional sales, services and marketing teams. The office will initially house around ...

Fraudsters have increasingly targeted financial services, online dating sites and social media since the end of the holiday season.