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PRESS RELEASE

Pindrop Bolsters Executive Team to Help Companies Protect Against Escalating Fraud Attacks As AI Voice Cloning Threats Rise

Former Bandwidth CFO Jeff Hoffman and former Palo Alto Networks SVP Rahul Sood join Pindrop to support product development, strategic planning, and company growth

ATLANTA – August 3, 2023Pindrop, a global leader in voice security and authentication, today announced the addition of two accomplished executives to its C-Suite. Jeff Hoffman joins the company as Chief Financial Officer (CFO) with 20+ years in leadership roles across technology, SaaS, and telecommunications, and Rahul Sood joins as Chief Product Officer (CPO) with vast experience overseeing product development and driving innovation at top technology companies. 

Previously serving as the CFO of Bandwidth and Uplight, Hoffman is a seasoned professional with experience in leading high-performance teams through high growth, M&A, IPO readiness, and taking companies public. His track record of navigating complex financial landscapes perfectly aligns with Pindrop’s strategic objectives. As CFO of Pindrop, Hoffman assumes responsibility for overseeing all financial operations of the company. 

“The opportunity to join a great team on such a meaningful mission was too good to pass up,” said Hoffman. “I am genuinely excited about all the expansion opportunities Pindrop has in the works surrounding the rise of generative AI and combating concession fraud, and I look forward to helping this team take Pindrop to the next level so that we can better serve our growing customer base.”

Rahul Sood joins Pindrop having held senior positions at Palo Alto Networks, Meta, Google,SAP and McKinsey & Co. At Palo Alto, Rahul served as the Senior Vice President at Prisma Cloud where he drove business growth to $300M ARR. During his tenure at Google, he led the Google App and Search at Work team as the Managing Director. His strategic vision and operational acumen played a pivotal role in driving the company’s growth and establishing Cloud Productivity and Cloud Security as new SaaS market categories. In his current role as CPO, Rahul will drive product innovation and expand Pindrop’s market presence. His proven track record in building new SaaS market categories will enhance Pindrop’s plans for accelerating growth for our existing products and establishing new markets for Pindrop, such as detecting deepfakes

“It’s an exciting time for Pindrop with the emergence of new threat vectors and the proven maturity of its AI-driven capabilities,” said Sood. “In my first few weeks, I have been energized by the quality of our talent, the operational rigor of our culture, and the deep trust of our customers. It is a privilege to serve some of the largest US banks, insurance companies, healthcare companies and retailers.”

With Hoffman and Sood, the company is even better equipped to double down on solutions that combat increasing fraud threats such as deepfakes (artificial intelligence generated voice). As AI technology continues to advance, the rise of deepfakes poses a serious threat, leading organizations that rely on voice verification in need of adopting a defense-in-depth approach. Pindrop’s recently released 2023 Voice Intelligence & Security Report provides more insights into how artificial intelligence’s widespread adoption, economic uncertainty and data breaches are driving record rates of fraud in the financial and retail sectors.

“We are thrilled to welcome Jeff and Rahul to the Pindrop team. Their exceptional talents are invaluable additions to our leadership team as we continue to advance as a company” said CEO & Co-Founder, Vijay Balasubramaniyan. “With their guidance, we are confident in our ability to drive even greater innovation, protect businesses from emerging threats, and deliver unparalleled value to our customers. We are excited to embark on this journey together and shape the future of voice security.”

About Pindrop

Pindrop is a global leader in voice security and authentication. Using patented technology and Deep Voice insights, Pindrop provides solutions that help organizations verify the authenticity of callers, detect fraudulent activities, and prevent unauthorized access. Trusted by leading enterprises worldwide, Pindrop’s innovative solutions enable businesses to protect their customers, data, and brand reputation. To learn more, visit www.pindrop.com

 

Contact:

Autumn Communications
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