A handout photo illustrating use of the Extend - a button that online markets can add to offer consumers to buy warranty services. Extend/Handout via REUTERS
(Reuters) - Extend, a San Francisco tech startup that makes it easier for businesses to offer product warranties, said on Tuesday it raised $260 million in a funding round led by SoftBank Group Corp's Vision Fund 2 that valued the company at over $1 billion.
Extend allows companies to add a button to their online markets that gives customers the option to pay extra to protect their purchases, said Woodrow Levin, CEO and Co-founder of Extend.
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