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Venture Capital News: Arkose Labs Raises $70M Series C Round

2021-05-11
SAN FRANCISCO, CA, Arkose Labs, provider of online fraud and abuse prevention technology, has raised a $70 million Series C funding round.
The round was 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 bankrupts the business model of fraud. Recognized by Gartner as a 2020 Cool Vendor, its innovative approach determines true user intent and remediates attacks in real time. Risk assessments combined with interactive authentication challenges undermine the ROI behind attacks, providing long-term protection while improving good customer throughput.
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