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SoftBank Cuts Chinese Deals — Robinhood s New$140M Buy — the Rich Keep Borrowing

Vestwell Raises $70 Million in Series C Funding, Led by Wells Fargo Strategic Capital and Fin Venture Capital

Vestwell Raises $70 Million in Series C Funding, Led by Wells Fargo Strategic Capital and Fin Venture Capital
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Super Raises $50 Million Series C Round Led by Wells Fargo

Super Raises $50 Million Series C Round Led by Wells Fargo Investment will fuel continued growth for the full-stack insurtech company News provided by Share this article Share this article SAN FRANCISCO, May 19, 2021 /PRNewswire/ Super, an insurtech company that provides subscription care for the home, today announced the closing of $50 million in an oversubscribed Series C round of funding. New investor Wells Fargo Strategic Capital (WFSC) led the round, bringing Super s total funding to date to $80 million. Other new investors include REACH, a technology scale-up program created by Second Century Ventures, the NATIONAL ASSOCIATION OF REALTORS® strategic technology investment fund. Existing investors Aquiline Technology Growth, Liberty Mutual Strategic Ventures, Moderne Ventures and the HSB Fund of Munich Re Ventures also participated.

Arkose Labs looks to hit cybercriminals where it hurts with cash infusion

FBI’s cyber division personnel in front of a computer screen. (FBI) Arkose Labs CEO Kevin Gosschalk described the company’s end game as incentivizing cybercriminals to “get a job that’s legitimate.” His words come as the online fraud and abuse prevention technology company announced this week $70 million in Series C funding, led by SoftBank Vision Fund 2. Wells Fargo Strategic Capital, as well as previous investors in M12 and PayPal Ventures are also participating in the fund. Total investment to date for Arkose is $114 million. Kevin Gosschalk, Arkose Labs “Our objective, ideally long term, is to basically disincentivize fraud to the point where [attackers] go get jobs,” Gosschalk said in an interview with SC Media.

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