{"id":769,"date":"2015-02-18T15:23:54","date_gmt":"2015-02-18T15:23:54","guid":{"rendered":"http:\/\/www.fultonecondev.org\/?p=769"},"modified":"2015-02-18T15:23:54","modified_gmt":"2015-02-18T15:23:54","slug":"pindrop-security-raises-30m-plans-to-add-100-jobs","status":"publish","type":"post","link":"https:\/\/www.hillstreetlofts.com\/test\/pindrop-security-raises-30m-plans-to-add-100-jobs\/","title":{"rendered":"Pindrop Security raises $30M+, plans to add 100 jobs"},"content":{"rendered":"

Pindrop Security<\/a> recently raised more than $30 million in venture capital as it gears up for global expansion, Atlanta Business Chronicle has learned.<\/p>\n

The Atlanta startup, backed by Citi Ventures and Andreessen Horowitz<\/a>, has developed phone fraud-busting technology to address a multi-billion dollar problem. Nearly 30 percent of all identity thefts in the U.S. start with a phone call.<\/p>\n

Pindrop plans to add about 100 jobs, according to a source. The Series B round, led by a new West Coast investor, values Pindrop at more than $200 million, another source said. Pindrop declined\u00a0<\/span>comment.<\/p>\n

\"Pindrop

Pindrop’s CEO, Vijay Balasubramaniyan and Chairman, Paul Judge.<\/p><\/div>\n

\u00a0The size of the Series B funding suggests Pindrop is gearing up to go after large customers or markets, and it needs to bulk up sales and marketing, said Avivah Litan<\/a>, vice president and distinguished analyst at\u00a0Gartner<\/a>.<\/p>\n

“Pindrop needs to make more people aware of the technology,” Litan said. “You don’t want to be a supply driven company, you don’t want to (adopt a) build-it-and-they’ll-come (growth strategy).”<\/span><\/p>\n

See the full story at Atlanta Business Chronicle\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Pindrop Security recently raised more than $30 million in venture capital as it gears up for global expansion, Atlanta Business Chronicle has learned. The Atlanta startup, backed by Citi Ventures and Andreessen Horowitz, has developed phone fraud-busting technology to address a multi-billion dollar problem. Nearly 30 percent of all identity thefts in the U.S. start […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-769","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nPindrop Security to add 100 jobs<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hillstreetlofts.com\/test\/pindrop-security-raises-30m-plans-to-add-100-jobs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pindrop Security to add 100 jobs\" \/>\n<meta property=\"og:description\" content=\"Pindrop Security recently raised more than $30 million in venture capital as it gears up for global expansion, Atlanta Business Chronicle has learned. 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