News, Education and Events Decoding Digital Payments & Fraud

News, Education and Events Decoding Digital Payments & Fraud

Voice Authentication Firm Nets $90 Million in New Funding

Voice Authentication Firm Nets $90 Million in New Funding

Pindrop, an Atlanta-based voice security and authentication firm, announced it has closed a $90 million funding round. Pindrop will tap the Series D investment, led by Vitruvian Partners, to expand its presence in the U.K. and other European markets. The company provides antifraud and authentication solutions for call centers and biometric authentication technology for smartphones and voice-enabled IoT devices like Google Home, smart locks and connected cars.

"Our broad range of investors collectively view Pindrop as the established industry leader for securing the future of voice as it moves beyond the voice channel and towards voice-enabled devices," said Vijay Balasubramaniyan, Co-Founder, CEO and CTO of Pindrop. "This investment enables us to quickly boost our advancements in consumer IoT and voice technology while also continuing to strengthen our market leading solutions for anti-fraud and authentication solutions for the global enterprise."

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