Pindrop Secures $35Mn in Funding
Credit:
http://www.pindropsecurity.com
Anti-fraud specialist Pindrop has snagged $35 million in a Series B investment round, which it will use to fund the growth of its voice fraud protection and authentication solutions in the call center.
The company plans to invest in customer support, engineering, sales and marketing staff, and it will also expand across newer verticals, geographies and products.
Institutional Venture Partners (IVP) led the round, along with existing investors Andreessen Horowitz, Citi Ventures, Felicis Ventures, Redpoint Ventures and Webb Investment Network. Somesh Dash of IVP will be joining the board.
