Voice security and authentication provider Pindrop has added some heavy hitters to its board.
Cisco executive chairman John Chambers and Andreessen Horowitz general partner Matin Casado join the board with Marc Andreessen becoming an observer. Mr. Chambers also personally invested in the company.
“We are thrilled to have John, Martin and Marc partnering with us as voice becomes the interface of the future,” Pindrop cofounder and CEO Vijay Balasubramaniyan said. “John is going to help scale Pindrop to new heights, Marc is helping with our audacious vision, and Martin knows how to create and dominate a market.
“These three entrepreneurs, have all created global ecosystems and will help accelerate our growth and expansion in the voice security and authentication market.”
Pindrop said call center fraud has more than doubled as companies beef up security in other operational areas. It says its Phoneprinting technology catches 80 per cent of fraudulent calls.