The news
A number of events in the past few years have validated the Theta Lake thesis that successful unified communications and collaboration (UCC) requires seamlessly integrated compliance and security. One of the first signifiers was the 50M series B round investment in Theta Lake, which included participation by some of the leading UCC providers including Zoom Video Communications Inc, RingCentral Ventures, Cisco Ventures and Salesforce Ventures. The market need has also been proven (an understatement) by the 2.6B in regulatory fines that have been levied on the financial services industry due to poor recordkeeping and unmonitored communications. The latest far reaching market event and a benefit to organizations everywhere, waslast month’s announcement from Zoom of the availability of Zoom Compliance Manager, powered by Theta Lake.