Cases & Deals

Citi Ventures makes strategic investment in Pindrop Security

Clients Citi Ventures Inc.

Jones Day advised Citi Ventures Inc., a unit of global financial services company Citigroup Inc., in its strategic investment in the Series A Preferred Stock financing of Pindrop Security, Inc., a provider of anti-fraud and call center authentication solutions. The $11 million Series A round was led by Andreessen Horowitz, and also included participation from Redpoint Ventures, Felicis Ventures, and Webb Investment Network.