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Microsoft's venture fund M12 announced it had led Arkose Labs' $22 million Series B round, welcoming the fraud and abuse prevention company to its portfolio as digital traffic quality became a critical performance indicator for online businesses. M12 investor James Wu cited the rising sophistication and global scale of cybercrime — fueled by deep knowledge sharing and well-funded criminal networks — as the central thesis behind the investment. Arkose Labs' platform, which protects web and mobile apps from account takeover, fake registrations and other abuse, was seen as well-positioned to address a rapidly growing market need.
