For the average person, the idea of compliance and regulation technology doesn’t elicit much enthusiasm. But for Devin Redmond and Rich Sutton, co-founders of the RegTech startup Theta Lake, the concept is downright sexy—especially as startups and enterprises alike have increased spending on compliance following the last financial meltdown.

Redmond and Sutton, serial entrepreneurs who sold their last RegTech startup, Nexgate, to Proofpoint, founded Theta Lake in 2017 with the goal of solving enterprise compliance surveillance for modern-based video communication. Theta Lake’s solution aims to help organizations adopt video technologies—like video marketing, video chat, video conferencing, and more—without losing the supervision controls that companies need to remain compliant with increasingly complex regulations.

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Devin Redmond

Author Devin Redmond

Devin has more than 2 decades of experience in enterprise risk and compliance. The former CEO and Co-Founder of Nexgate, a pioneer in social and digital media compliance and security acquired by Proofpoint (PFPT) in 2014, he also held executive and leadership roles at Check Point, Neoteris, Websense, and more. In addition to living in 7 countries and speaking 3 languages, Devin is a frequent public speaker that is passionate about modern digital risk and compliance technology that helps businesses gain a competitive advantage.

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