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The SoftBank Vision Fund has struck again. This time, it's investing $300 million in on-demand walking and dog care startup Wag. Wag has also brought on Hilary Schneider, formerly of identity theft protection company LifeLock, to serve as the company’s new chief executive officer.

Last year, Wag was reportedly in talks with a handful of investors, including NEA and Kleiner Perkins, The Information reported last week. SoftBank was interested, but reportedly didn’t want to invest in a round less than $300 million. That’s when NEA and Kleiner Perkins reportedly dropped out.

Wag, which launched back in 2015, offers on-demand walking and boarding for pups. The startup initially launched in Los Angeles and New York City before expanding to more than 100 cities across the country.