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Theta Lake

233 E Canon Perdido St, Santa Barbara, CA, 93101, United States

Overview

Theta Lake offers a cloud-native platform that captures, archives, detects, and surfaces regulatory, privacy, and security risks across video, voice, chat, document, and email content. Its product leverages patented machine and deep learning, natural-language processing, and an AI-assisted review workflow to identify risks in what is shared, shown, spoken, and typed. The company maintains certified integrations with leading collaboration providers including Webex by Cisco, Microsoft 365 and Teams, RingCentral, Salesforce, Slack, Vidyard, and Zoom. Theta Lake serves customers across multiple verticals—financial services, the public sector, healthcare, and technology—helping compliance and risk teams increase efficiency while reducing security and compliance costs. The company highlights industry recognition including a 100% would-recommend rating on Gartner Peer Insights and an honorable mention in the 2022 Gartner Magic Quadrant for Enterprise Information Archiving. With a patented approach to video risk detection and over 45 partner integrations, Theta Lake positions itself as a category-defining solution for modern communications compliance. The company intends to continue innovating and scaling its platform globally with strategic partner investments and integrations. Theta Lake’s platform uses patented and multi‑patent pending AI to detect risks across video, visual, voice, chat and document content and integrates with leading collaboration and video‑conferencing tools. The product targets security, data loss/exposure, phishing, account compromise, acceptable use, supervision and compliant archiving for distributed workplaces. Customers across multiple continents and industry verticals leverage the platform, which is SOC 2, Type 2 certified. Theta Lake plans to use new capital to invest in its patented product and to increase service delivery capabilities. The company positions its solution to help organizations protect data and employees while meeting regulatory compliance requirements when using collaboration tools from any location, device or network. Total company funding now stands at $20 million following the announced Series A. Theta Lake provides cloud-based compliance for video, audio, and other modern digital communications. Its patent-pending technology uses AI and deep learning and integrates with audio recording, video marketing, and video conferencing platforms to detect compliance risks in what was said or shown. The company has signed partnerships with Zoom, Vidyard, Videolicious, and RingCentral. Theta Lake plans to use the new funding to develop its platform and increase its market presence. It intends to immediately hire new team members for its California offices in Santa Barbara and San Mateo. Devin Redmond is co-founder and CEO.

Total raised
$68M
Funding rounds
3
Latest round
Series B
Latest activity
Mar 2022

Industries

  • Compliance
  • Cyber Security
  • Natural Language Processing
  • Video Advertising
  • Video Chat
  • Video Conferencing
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Recent funding

  1. Series B

    Mar 2022

    $50M

  2. Series A

    Oct 2020

    $13M

  3. Seed

    Jan 2019

    $5M

Team