Pindrop Raises $75M in Series C Funding

pindropPindrop, an Atlanta, GA-based provider of voice-fraud prevention and authentication platform, raised $75m in Series C funding.

The round was led by Google Capital with participation from GV, Andreessen Horowitz, IVP, Citi Ventures and Felicis Ventures.

The company, which has raised $122m in total funding, intends to use the funds for global expansion and research and development efforts.

Founded in 2011 by Vijay Balasubramaniyan, CEO, Pindrop has developed patented phoneprinting technology that analyzes voice interactions to authenticate customers and detect identity theft leading to fraud. The platform currently protects the phone calls of three of the four largest banks in the United States as well as many top insurance companies, government agencies, and retailers.

The company’s management team also includes:
– Matt Peachey as GM EMEA (previously at Cisco, IronPort and Citrix)
– John Martin joined as VP of Product (previously at Riverbed and NetApp)
– Mike Vandiver joined as CFO (previously at SecureWorks and IngeniousMed), and
– Ken Shuman joined as Head of Global Comms (previously at Trulia and NerdWallet).

FinSMEs

28/01/2016

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