Arkose Labs: Raised $22M In Microsoft Venture Fund-Led Round
- The Microsoft fund, dubbed M12, joins existing investors PayPal and U.S. Venture Partners
- Arkose said the new funding will empower its fight to bankrupt the business of online fraud and abuse
- The new round of funding will go toward platform development, new hires and global expansion, Arkose said
- Earlier this month, Arkose reported a 30 percent increase in attacks on gaming platforms in the first quarter of 2020
- Arkose found most of that growth stems from new account registration attacks, which increased more than 70 percent
- Arkose found the attacks on gaming platforms grew especially for logins and payments
