Theta Lake
Latest round
- Series B
Last raised
- Mar 2022
Total raised
- $70M
Investors
- 9
About Theta Lake
Theta Lake Inc.Founded in 2017 in Santa Barbara, US, Theta Lake specializes in compliance and security solutions for digital communication. The company was co-founded by Devin Redmond and Rich Sutton.Theta Lake specializes in compliance and security solutions tailored for modern collaboration through Unified Communications and Collaboration (UCC) platforms. Their core offerings include the Unified Capture, Unified Search and Archiving, and Proactive Compliance systems, which facilitate the capture, archiving, and supervision of various communication modalities, including voice, video, chat, and email. These tools are designed to enhance productivity and compliance while enabling organizations to leverage existing eCommunication archives and voice recording systems. Theta Lake’s products cater primarily to industries such as financial services, healthcare, education, and government, addressing critical needs for regulatory compliance and risk management in these sectors.Theta Lake's revenue structure is primarily derived from subscription-based models where clients engage in annual or multi-year agreements for access to its suite of compliance and archiving tools. Transactions typically occur directly between Theta Lake and its clients, encompassing a diverse range of organizations within regulated industries. The firm's flagship offerings, such as Unified Capture and Proactive Compliance, are accessed through tiered pricing plans that reflect the scale and features required by the customer. Clients may also enter into partnerships for integrated solutions that enhance their existing systems.In March 2022, Theta Lake Inc. The firm plans to design and launch new products aimed at enhancing compliance functionality in UCC platforms, with specific release dates expected in the near future. Theta Lake is actively targeting expansion into additional geographic markets, with a focus on Europe and Asia-Pacific, to enhance its reach.
Who invested in Theta Lake
9 investors across 3 rounds
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Questions about Theta Lake
Who invested in Theta Lake?
Theta Lake has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Theta Lake raised?
Theta Lake has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Theta Lake last raise money?
Theta Lake's most recent round on record is a Series B, in Mar 2022.
What does Theta Lake do?
Theta Lake is a software company.
Where is Theta Lake headquartered?
Theta Lake is headquartered in Santa Barbara, US.
Which VCs invest in companies like Theta Lake?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Theta Lake's stage. Their profiles are linked below.
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