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.
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