Latham Advises Hercules Capital in Growth Financing for Pindrop

Pindrop, a global leader in voice authentication and security, has announced it has secured US$100 million in debt financing from Hercules Capital, Inc. This significant funding will enable Pindrop to further develop its cutting-edge audio, voice, and AI technologies, enhancing its offerings for customers in the banking, finance, contact center, insurance, utilities, healthcare, retail, and other industries.

Latham & Watkins LLP represented Hercules in the financing with a transactional team led by partners Dan Van Fleet and Haim Zaltzman, with counsel Emily Yu and with associates Hyunji Lee and Yong Jae Kim; on tax matters by partner Eric Cho; and on corporate matters by partner Jim Morrone.