Joining the Wells Fargo Startup Program
Leading collaboration security and compliance solution provider, Theta Lake, recently announced that it has joined the Wells Fargo Accelerator program for startup brands. The Accelerator features a portfolio of companies developing solutions across a range of domains, including payments, customer experience, regulation, risk, marketing, security, and even climate change.
According to the Wells Fargo Head of Enterprise Collaboration, John Bradford, having a game-changing disrupter in the compliance industry like Theta Lake join Wells Fargo’s accelerator gives them access to the scale and expertise they need to drive new innovation to businesses. Modern video, chat, voice, and collaboration tools are crucial companies in the modern hybrid work landscape as they strive to remain as productive as possible.
Wells Fargo believes that Theta Lake will allow the brand to further expand its introduction of various innovative tools around security and compliance for the next level of collaborative stools.
Better Security in Collaboration
According to John, Wells Fargo is particularly looking forward to collaborating with Theta Lake on a future of more compliant collaborative experiences. The Wells Fargo team is thrilled to be welcoming Theta Lake into the Accelerator program.
Theta Lake currently has more than 40 collaboration tool integrations available, alongside a range of pending patents. With customers across Australia, Canada, the United Kingdom, and United States, Theta Lake has a strong presence in the collaborative industry.
According to CEO and Co-Founder of the business, Devin Redmond, Theta Lake has shown incredible growth with its innovative technology portfolio, and they’re thrilled to be working with the Wells Fargo Accelerator team to bring security and compliance to everyone. As a leading financial institution, Wells Fargo has a strong understanding of how important regulation, compliance, and security can be in modern collaboration settings.
The purpose-built technology available from Theta Lake will allow customers to proactively close the gap between excellent collaboration and fantastic security. Now in its 6th year, the Startup Accelerator has 28 companies in its portfolio, and helps to drive innovation in emerging technology in the landscape in the pursuit of financial services transformation.
Accelerating Financial Innovation
With the Startup Accelerator from Wells Fargo, Startups are eligible to receive up to $1 million in additional funding, along with further guidance from the leaders in Wells Fargo technology and business sectors. The program helps companies to refine, scale, and transform their solutions for a wider audience. Currently, the Accelerator has seen applications from more than 3,500 companies from across 100 countries. Applications are still being accepted throughout the year.
This article first appeared on UC Today on July 9th.
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