Theta Lake Blog

Theta Lake Secures $12.7M In Series A Funding As Global Demand Skyrockets

Posted by Devin Redmond on Dec 28, 2020 1:51:36 PM

As the CEO and a co-founder, I am excited to announce on behalf of our entire team that Theta Lake has secured $12.7 million in a series A funding round, bringing our total company funding up to $20 million.

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Topics: momentum, funding

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Theta Lake provides security and compliance for modern collaboration platforms using frictionless partner integrations with Cisco Webex, Microsoft Teams, RingCentral, Slack, Zoom, and more. Using patented machine learning and NLP, Theta Lake detects risks in: video, voice, chat, and document content across what is shared, shown, spoken, and typed. Those risks are surfaced in an AI-assisted, patent-pending review workspace that adds consistency, efficiency, and scale for security and compliance teams. All of this enables organizations to safely realize the full ROI of a collaboration-first workplace while reducing the cost of security and compliance.

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