Microsoft Corp
Change company Symbol lookup
Select an option...
MSFT Microsoft Corp
BAC Bank of America Corp
SXRRU POET Biorefining Hudson LLC
PBCT People's United Financial Inc
LPI Laredo Petroleum Inc
LOW Lowe's Companies Inc
LNG Cheniere Energy Inc
LNC Lincoln National Corp
LITE Lumentum Holdings Inc
LH Laboratory Corporation of America Holdings
Go

Information Technology : Software | Large Cap Growth
Company profile

Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company's segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company's products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers. It also designs, manufactures, and sells devices, including personal computers (PCs), tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories, that integrate with its cloud-based offerings. It offers an array of services, including cloud-based solutions that provide customers with software, services, platforms, and content, and it provides solution support and consulting services.

Closing Price
$187.20
Day's Change
4.28 (2.34%)
Bid
--
Ask
--
B/A Size
--
Day's High
187.73
Day's Low
182.01
Volume
(Heavy Day)
Volume:
39,893,643

10-day average volume:
31,904,144
39,893,643

Arkose Labs Raises $22 Million in Series B Round Led by M12, Microsoft's Venture Fund

8:00 am ET March 24, 2020 (Globe Newswire) Print

Arkose Labs, provider of online fraud and abuse prevention technology, today announced it has raised an additional $22 million in Series B funding led by Microsoft's venture fund, M12, as well as participation from existing investors PayPal and USVP.

"We are proud to welcome Arkose Labs to M12's portfolio. With Arkose's end-to-end anti-fraud platform, enterprises across the globe can better protect against fraud and abuse long term," said Nagraj Kashyap, Microsoft Corporate Vice President and Global Head of M12. "Multiple Microsoft businesses are already benefiting from this innovative technology, and we are committed to supporting Arkose's accelerated growth."

Until now, it has never been more profitable to commit fraud, with simple, easy-to-use software available on the Web that enables any fraudster to launch large-scale attacks. What differentiates the Arkose Labs platform from the status quo is its ability to cut off fraud at the source by making cybercriminals expend massive effort to conduct their attacks, which eliminates the ROI and profitability of fraud. This is a fundamental shift in fraud prevention, which is resilient to emerging attack patterns.

"Our platform takes a zero-tolerance approach to cyber attacks and our team is committed to putting a stop to the global fraud epidemic," said Kevin Gosschalk, Arkose Labs founder and CEO, "Microsoft and their venture capital fund M12 are incredible partners, as they recognize the major opportunity we have to eliminate fraud, rather than contain it."

The Arkose Labs platform protects many Fortune 50 companies in the financial services, ecommerce, media, gaming and emerging technology sectors. As well as long-time customers Microsoft, companies including GitHub, Electronic Arts, Singapore Airlines, Roblox and Twilio benefit from Arkose Labs' unique approach to fraud prevention.

"Microsoft is committed to providing a safe experience to our customers. Arkose Labs' technology is an important component of our multi-pronged approach to minimize fraud without negatively impacting legitimate customers," said Alex Weinert, Director of Identity Security, Microsoft.

The team at Arkose Labs designed the fastest-learning fraud defense platform on the market. Going beyond traditional fraud prevention, Arkose Labs protects any consumer action from abuse and fraud, such as account takeover, fake account abuse, scraping, spam, gift card abuse and many other activities.

In recent months, Arkose Labs has nearly doubled its customer base, made multiple product enhancements to improve its platform's dynamic risk engine, and won a series of industry awards including the Women in Cybersecurity award from Cyber Defense Magazine and CNBC's Upstart 100 List for 2019.

The new round of funding will go toward platform development, new hires and global expansion.

About Arkose Labs

Arkose Labs bankrupts the business model of fraud. Its patented platform combines Arkose Detect, a sophisticated risk engine, with Arkose Enforce, which uses targeted step-up challenges to wear fraudsters down and diminish their ROI. The world's largest brands trust Arkose Labs to protect their customer journey while delivering unrivaled user experiences.

Arkose Labs is based in San Francisco, Calif., with offices in Brisbane, Australia. For more information, visit www.arkoselabs.com or on Twitter @ArkoseLabs.

Media Inquiries:

Paul Wilke

Upright Position Communications

paul@uprightcomms.com

+1-415-881-7995

https://ml.globenewswire.com/media/a83706f7-7a19-4593-97db-974cf15be59e/small/logo-1c-721px-png.png

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.