Dec 5, 2018

Voice fraud prevention company Pindrop raises $90 million

Photo: Sebastian Gollnow/picture alliance via Getty Images

Pindrop Security, an Atlanta-based voice fraud prevention company, raised $90 million in Series D funding.

Why it matters: This round will help Pindrop expand into the Internet-of-Things space, including a smart lock integration with new investor Allegion, at a time when more and more of our home and work devices are being operated by what we say, not by what we press.

  • Investors: Vitruvian Partners led, and was joined by Allegion, Cross Creek, Dimension Data, EDBI, Goldman Sachs and return backers CapitalG, GV, Andreessen Horowitz, Citi Ventures and IVP.

The bottom line: "Pindrop has built a platform that makes a voice 'fingerprint' that identifies not just the specific tone you emit, but how you speak, where you are typically calling from and the sounds of that space, and even your regular device," Ingrid Lunden, from TechCrunch writes.

Go deeper

Warren sees bump in national poll following Nevada debate

Photo by David Becker/Getty Images.

Sen. Elizabeth Warren surged to 19% and second place in a CBS News/YouGov national poll released Sunday, trailing front-runner Sen. Bernie Sanders (28%) but edging out Joe Biden (17%) and Michael Bloomberg (13%).

Why it matters: The poll notes that only 42% of Democratic primary voters have made up their minds. While Warren underperformed in the first three states, her strong debate performance in Nevada last week may have given her campaign new life.

Pence aide says intel report of Russia helping Trump is "false information"

Marc Short. Screenshot: Fox News

Marc Short, chief of staff to Vice President Mike Pence, claimed on "Fox News Sunday" that the White House has not received intelligence that Russia is seeking to help President Trump win re-election, calling it "false information" that has been selectively leaked by Democrats on the House Intelligence Committee.

The big picture: Short and national security adviser Robert O'Brien both dismissed reports published in the Washington Post and New York Times last week about a briefing provided by top election security official Shelby Pierson, an aide to outgoing acting director of national intelligence Joseph Maguire.

Bernie's juggernaut

Sen. Bernie Sanders speaks in San Antonio last night with his wife, Jane. Photo: Eric Gay/AP

Sen. Bernie Sanders won so big in the Nevada caucuses that Democrats are hard-pressed to sketch a way he's not their nominee.

Driving the news: With 60% of precincts counted (slow, but better than Iowa!), Sanders is running away with 46% of delegates — crushing Joe Biden's 20%, Pete Buttigieg's 15%, Sen. Elizabeth Warren's 10% and Sen. Amy Klobuchar's 5%.