The new raise by Theta Lake — dual winner of Best Compliance Product and Best Security Product in UC Today’s UC Awards 2020, and a market leader in collaboration and compliance solutions for Cisco Webex, Microsoft Teams, RingCentral, Zoom and more — sees them secure $12.7 million in Series A funding through investment led by Lightspeed Venture Partners, Cisco, and a slew of angel investors, bringing their total funding to $20 million.

“Cisco has a longstanding commitment to security and privacy by design, and we are excited to invest in Theta Lake because compliance and security for collaboration platforms is more important than ever,” said Abhay Kulkarni, Vice President and General Manager for Cisco Webex Meetings and Teams. “After seeing the integration in action, it was an easy decision for us to want to help Theta Lake grow and solve real customer problems.”

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Ian Applegate-Olson

Author Ian Applegate-Olson

Ian is the Global Digital Marketing Manager at Theta Lake.

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