About Theta Lake
Theta Lake is a Financial Services company based in San Mateo (United States) founded in 2017 by Anthony J Cresci, Rich Sutton, and Devin Redmond. AI-based solutions for video communication compliance risks are provided. It operates in the Financial Services and Technology sectors. Theta Lake has raised $67.7 million across 4 funding rounds from investors including RingCentral, Zoom and Lightspeed Venture Partners. Its chief executive, as recorded, is Devin Redmond. Its website thetalake.com draws about 24 thousand monthly visits. Theta Lake offers products and services including Unified Capture, Unified Search, and Proactive Compliance. Its focus areas include Enterprise Applications, GRC Software, Compliance and Communication Channel Compliance. Its competitors include Kiteworks, Smarsh and PerformLine; 2 of its 3 listed competitors have raised funding.
Company details
Theta Lake was founded in 2017 in San Mateo, United States, focusing on the compliance technology sector. AI-driven tools are utilized to identify risks in video collaboration, call recordings, video marketing, and social video platforms. Operations center on automated detection of regulatory and policy issues. Products such as Compliance for risk assessment and RingCentral Glip Archiver for archiving support are offered to address these needs.
- Headquarters San Mateo, United States
- Founders Anthony J Cresci, Rich Sutton, Devin Redmond
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website thetalake.com
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$67.7M (USD)
in 4 rounds
- Latest Funding Round$50M (USD), Series B
Mar 2022
- InvestorsRingCentral
& 9 more
Products & Services of Theta Lake
Theta Lake offers a comprehensive portfolio of products and services, including Unified Capture, Unified Search, and Proactive Compliance.
Captures and archives communications for regulatory compliance.
Enables searching and replaying of archived communications.
Detects risks using AI to prevent compliance issues.
Apps and channels of Theta Lake
its YouTube channel Theta Lake has 546K subscribers and 30 videos.
Videos from Theta Lake
The most watched videos on Theta Lake's YouTube channel, Theta Lake (546K subscribers). Click a video to play it here.
More on Theta Lake.
Funding Insights of Theta Lake
Theta Lake has successfully raised a total of $67.7M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $67.7M
- Total Rounds 4
- Last Round Series B — $50M
- First Round $5M
(Jan 2019)
- Investors Count 10
All 4 funding rounds of Theta Lake with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $50M | Series B | – | Battery Ventures | |
| Jun 2021 | Series A | – | – | ||
| Oct 2020 | $12.7M | Series A | – | Lightspeed Venture Partners | |
| Jan 2019 | $5M | Seed | – | Neotribe |
10 investors in total: 10 institutional.
Investors in Theta Lake
Theta Lake has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include RingCentral, Zoom and Lightspeed Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in technology companies are conducted globally by Battery Ventures. | battery.com | |||
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Venture capital firm focused on tech sectors | neotribe.vc | Menlo Park, United States | ||
Technology investments and expertise in networking, cloud, and security services. | 2003 | ciscoinvestments.com | San Jose, United States | |
Early-stage tech startups are funded by corporate-backed Salesforce Ventures. | salesforceventures.com | San Francisco, United States | ||
Fintech startups are accelerated via a 6-month investment program. | accelerator.wf.com | San Francisco, United States | ||
Early-stage founders are supported through impactful venture capital investments. | fireboltventures.com | Palo Alto, United States | ||
Early-stage enterprise startups are funded by WestWave Capital. | 2021 | westwavecapital.com | ||
Cloud-based unified communication solutions are offered to diverse sectors. | 1999 | ringcentral.com | Belmont, United States | |
Zoom is recognized for providing AI-first collaboration and communication solutions. | 2011 | zoom.us | San Jose, United States |
Investor details for Theta Lake
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of Theta Lake
43 people are tracked at Theta Lake (17 in leadership, 1 in board & advisors, 25 in team).
| Name | Role | Group |
|---|---|---|
Anthony J Cresci | Co-Founder & Chief Commercial Officer | Leadership |
Rich Sutton | Co-Founder & CTO | Leadership |
Devin Redmond | Co-Founder & CEO | Leadership |
Sharon Hüffner | Chief Scientist | Leadership |
Dan Nadir | Chief Product Officer | Leadership |
Marc Gilman | General Counsel & VP, Compliance | Leadership |
Claire Shuman | Director, Revenue Operations | Leadership |
Alex Lannon | Director Of Operations | Leadership |
Kannan Appachi , | Vice President Of Engineering | Leadership |
James Obergfell | Director, Finance & Accounting | Leadership |
Brandon Landin | Vice President Of Global Field Technical Services | Leadership |
Brian McTeague | VP of Business & Revenue Operations | Leadership |
Anna Nadolski | Director Of Executive Administration & Programs | Leadership |
Stacey English | Director of Regulatory Intelligence | Leadership |
Tara Daniel | Partner Product Manager | Leadership |
Jeremy Baker | Senior Vice President Of Finance & Administration | Leadership |
Gary Pinkham | Vice President Of Engineering | Leadership |
Dharmesh Thakker | Director | Board & advisors |
Prashant Saraswat | Principal Data Science Engineer | Team |
Jonathan Schneider | Software Engineer | Team |
23 more people are available in the full profile.
Complete people profiles for Theta Lake
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Theta Lake
3 dated milestones of Theta Lake across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Theta Lake is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series B, of $50.0M.
Competitors of Theta Lake
Theta Lake has 3 listed competitors in our database, 2 of them funded. They include Kiteworks, Smarsh and PerformLine.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kiteworks.com | 1999 | Palo Alto, United States | $649.56M | 91 | Cloud-based data security and privacy solutions are delivered. | |
| smarsh.com | 2001 | Portland, United States | $6.68M | Compliance management solutions for financial institutions' communications are provided. | ||
| performline.com | 2008 | Morristown, United States | 53 | Cloud-based data warehouse is utilized for financial compliance monitoring. |
Detailed competitors of Theta Lake
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Theta Lake
The website of Theta Lake (thetalake.com) receives about 23.7K visits a month.
- Monthly visits23.7K
▲ 15.7% vs previous month
Websites whose visitors overlap most with Theta Lake. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nice.com | 100% | 399.5K | #131,892 | View details |
Top companies in Regulatory & Compliance Tech
3 companies that operate in the same segment as Theta Lake (Regulatory & Compliance Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 724 | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | 815 |
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Related news about Theta Lake
Complete news archive for Theta Lake
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Frequently Asked Questions about Theta Lake
Theta Lake was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Theta Lake is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Devin Redmond is the CEO of Theta Lake, as recorded in our data. They have also founded this company.
Theta Lake is a funded company, having raised a total of $67.7M across 4 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Jan 2019.
Theta Lake was founded in 2017 in San Mateo, United States, focusing on the compliance technology sector. AI-driven tools are utilized to identify risks in video collaboration, call recordings, video marketing, and social video platforms. Operations center on automated detection of regulatory and policy issues. Products such as Compliance for risk assessment and RingCentral Glip Archiver for archiving support are offered to address these needs.
Theta Lake's top competitors include Kiteworks, Smarsh and PerformLine.
Theta Lake offers Unified Capture, Unified Search, and Proactive Compliance.
Theta Lake has 10 investors. Key investors include RingCentral, Zoom, Lightspeed Venture Partners, Cisco Investments, and Battery Ventures.