Donald Tucker leads Cisco’s acquisition and investment efforts related to the market for Collaboration products and services. Donald joined Cisco from Oracle via the acquisition of Responsys, and prior to that spent time at Jefferies & Co., Liberty Mutual Investments and Chevron in a variety of finance, investment and research roles.
We all know timing is everything, and when it comes to the world of venture capital, timing can make or break a startup’s success. For Devin Redmond and Rich Sutton, co-founders of Theta Lake, they could never have predicted in 2017 that a global pandemic would place their innovation in such high demand in 2020.
I first learned of Theta Lake back in early 2019 through joint customers who were using the company’s risk compliance suite with Cisco collaboration technologies. After meeting Devin and Rich, my first thought was: “Wow. These guys sure are passionate about compliance.” Prior to founding Theta Lake, Devin and Rich both had long careers in this space, including co-founding Nexgate, a social media governance platform. These are entrepreneurs who eat, sleep and breathe this world.
So, after Nexgate was acquired by Proofpoint, the team started setting their sights on their next compliance challenge: managing risk across an increasingly distributed workforce with a growing number of communication technologies.
“We recognized that security and compliance technologies weren’t really set up to deal with these new collaboration platforms, where people can communicate in multiple different ways and today are largely unmonitored,” says Devin. “Whether employees are screen sharing, using a camera, transferring a file, typing in a chat or talking over a voice channel, enterprises need a way to manage risks around information leakage, conduct and behavior-based activities and even regulatory compliance.”
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