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 attackers, Arkose Labs built its platform by first looking at how fraudsters make money by attacking digital platforms. By working backwards from that starting point and then implementing strategies to make it more difficult for fraudsters to profit from attacks, Arkose Labs undermines the economic drivers behind fraud until the perpetrators are compelled to abandon their attacks.
Rise of the Cyborg: Arkose Labs Fraud Report Finds Human-Bot Hybrid Attacks Increase in Q1
One-Third of All Attacks Originated in Europe
May 06, 2021 03:00 ET | Source: Arkose Labs Arkose Labs San Francisco, California, UNITED STATES
LONDON and SAN FRANCISCO, May 06, 2021 (GLOBE NEWSWIRE) Arkose Labs, provider of online fraud and abuse prevention technology, today released new data on the latest fraud trends, revealing an increase in human-bot hybrid attacks.
The
Q2 Arkose Labs Fraud and Abuse Report, released today, also found that Europe was the top attacking geography, with more than one-third of all attacks originating there. Additionally, there was a significant amount of human-driven attacks originating from North America, which could indicate that many who were drawn to fraud to make money during lockdowns have continued on this path.
Rise of the Cyborg: Arkose Labs Fraud Report Finds Human-Bot Hybrid Attacks Increase in Q1
One-Third of All Attacks Originated in Europe
LONDON and SAN FRANCISCO, May 06, 2021, provider of online fraud and abuse prevention technology, today released new data on the latest fraud trends, revealing an increase in human-bot hybrid attacks.
The
Q2 Arkose Labs Fraud and Abuse Report, released today, also found that Europe was the top attacking geography, with more than one-third of all attacks originating there. Additionally, there was a significant amount of human-driven attacks originating from North America, which could indicate that many who were drawn to fraud to make money during lockdowns have continued on this path.
Rise of the Cyborg: Arkose Labs Fraud Report Finds Human-Bot Hybrid Attacks Increase in Q1
One-Third of All Attacks Originated in Europe
LONDON and SAN FRANCISCO, May 06, 2021 (GLOBE NEWSWIRE) Arkose Labs, provider of online fraud and abuse prevention technology, today released new data on the latest fraud trends, revealing an increase in human-bot hybrid attacks.
The
Q2 Arkose Labs Fraud and Abuse Report, released today, also found that Europe was the top attacking geography, with more than one-third of all attacks originating there. Additionally, there was a significant amount of human-driven attacks originating from North America, which could indicate that many who were drawn to fraud to make money during lockdowns have continued on this path.
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 10 employees, with plans to expand Arkose Labs’ presence in the region. Adrian Jenkins, VP of EMEA said, “Arkose Labs is on a fast-growth trajectory globally, and our expansion into EMEA is key to its ongoing success. We are helping digital businesses in the region solve one of their most challenging problems - how to keep consumers secure from growing fraud and abuse attacks, while