Tech Company Financing Transactions

Theta Lake Funding Round

Theta Lake, based in Santa Barbara, secured $50 million from Battery Ventures, Cisco Investments and Lightspeed Venture Partners.

Transaction Overview

Company Name
Announced On
3/23/2022
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors

Battery Ventures (Lead Investor) (Dharmesh Thakker)

Cisco Investments (Abhay Kulkarni)

Lightspeed Venture Partners (Arif Janmohamed)

NeoTribe Ventures (Swaroop Kolluri)

RingCentral

Salesforce Ventures

Zoom Video Communications

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Communications
Mailing Address
1221 Chapala St. 6
Santa Barbara, CA 93101
USA
Email Address
Overview
Theta Lake is founded by proven entrepreneurs and enterprise technology builders with decades of leadership recognition by Global 100 customers and top industry analysts. With multiple patents pending, Theta Lake is looking to alleviate the compliance and regulatory risks of video and audio communication for the enterprise by modernizing communication compliance.
Profile
Theta Lake LinkedIn Company Profile
Social Media
Theta Lake Company Twitter Account
Company News
Theta Lake News
Facebook
Theta Lake on Facebook
YouTube
Theta Lake on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Devin Redmond
  Devin Redmond LinkedIn Profile  Devin Redmond Twitter Account  Devin Redmond News  Devin Redmond on Facebook
Chief Scientific Officer
Sharon Hüffner
  Sharon Hüffner LinkedIn Profile  Sharon Hüffner Twitter Account  Sharon Hüffner News  Sharon Hüffner on Facebook
Chief Technical Officer
Richard Sutton
  Richard Sutton LinkedIn Profile  Richard Sutton Twitter Account  Richard Sutton News  Richard Sutton on Facebook
VP - Bus. Development
Anthony Cresci
  Anthony Cresci LinkedIn Profile  Anthony Cresci Twitter Account  Anthony Cresci News  Anthony Cresci on Facebook
VP - General Counsel
Marc Gilman
  Marc Gilman LinkedIn Profile  Marc Gilman Twitter Account  Marc Gilman News  Marc Gilman on Facebook
VP - Product Management
Daniel Nadir
  Daniel Nadir LinkedIn Profile  Daniel Nadir Twitter Account  Daniel Nadir News  Daniel Nadir on Facebook
VP - Sales
Robert Duncan
  Robert Duncan LinkedIn Profile  Robert Duncan Twitter Account  Robert Duncan News  Robert Duncan on Facebook


 

 

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About Database of VC Transactions

We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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