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Atlanta-based security startup Pindrop has raised $90 million in a Series D round to fund its voice security platform, reports TechCrunch.
The round was led by Vitruvian Partners, with participation from Allegion Ventures, Cross Creek, Dimension Data, and Goldman Sachs, among others. The company plans to use the money to expand into Europe — most of its existing business is in the US — as well as to build out its presence on connected devices, such as smart speakers.
Pindrop’s platform uses software to analyze the attributes of a speaker’s voice and other sounds being transmitted to verify their identity and circumstances. It’s able to use over 1,000 acoustic attributes that enable the platform to determine who is speaking — ensuring that the person is who they say they are — what device they’re using, and whether they are in a certain location, like their home, for instance. This vocal “fingerprint,” as the company calls it, lets the platform identify and flag abnormal circumstances, which can be used to …read more
Source:: Businessinsider – Tech