When was Theta Lake founded?

Theta Lake was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Theta Lake located?

Theta Lake is headquartered in San Mateo, United States. It is registered at San Mateo, California.

How many employees does Theta Lake have?

As of Aug 31, 2026, the latest employee count at Theta Lake is 113.

Is Theta Lake a funded company?

Theta Lake is a funded company, having raised a total of $71M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 15, 2019.

When was the latest funding round of Theta Lake?

Theta Lake's latest funding was a $***** Series B round on Mar 23, 2022, with participation from 7 investors. Its primary sector is GRC Software. In United States, the GRC Software sector has seen $1.3B in funding in 2026 to date.

Where does Theta Lake rank among its competitors?

Theta Lake ranks 4th amongst 98 active competitors, of which 14 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Solidatus, which secured $6.61M in Oct, 2025.

Who are the top competitors of Theta Lake?

Theta Lake's top competitors include Kiteworks, Duco and Smarsh. Among them, Solidatus secured the most recent funding round in October, 2025.

Theta Lake - 2026 Company Profile, Team, Funding & Competitors

Company Details

AI-based solutions for video communication compliance. It helps in detecting compliance risks in video collaboration, call recordings, video marketing, social video, and more. It offers multiple products including Compliance for policy detection of regulatory risks and compliance and RingCentral Glip Archiver for automated risk detection and more.

Website: thetalake.com
Social
Email ID: *****@thetalake.com
Registered Address: San Mateo, California

Key Metrics

Founded Year

2017

Location

San Mateo, United States

Stage

Series B

Total Funding

$71M in 4 rounds

Latest Funding Round

Series B, Mar 23, 2022, $*****

Investors

Lightspeed Venture Partners & 11 more

Ranked

4^th among 98 active competitors

Employee Count

113 as on Aug 31, 2026

Similar Companies

Kiteworks & 119 more

View Theta Lake's full profile

Theta Lake is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Theta Lake Inc CIN: 001t000000x911oAAA , United States, Active	Dec 15, 2022	-	-	-
Theta Lake, Inc. CIN: 822361800 , United States, Active	Dec 26, 999	-	87 (As on Dec 31, 2024)	-

Theta Lake has raised a total funding of $71M over 4 rounds. Its first funding round was on Jan 15, 2019. Its latest funding round was a Series B round on Mar 23, 2022 for $*****. 7 investors participated in its latest round. Theta Lake has 12 institutional investors.

Here is the list of recent funding rounds of Theta Lake:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 23, 2022	7695744	Series B	9491655	8336002	2752921	3249026
Jun 29, 2021	9622191	Series A	5765701	7892517	3332965	Wells Fargo Startup Accelerator
Oct 27, 2020	5636590	Series A	5362262	7248156	Lightspeed Venture Partners	Cisco Investments & 3 more

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View details of Theta Lake's funding rounds and investors

The founders of Theta Lake are Devin Redmond, Anthony J Cresci and Rich Sutton. Devin Redmond is the CEO of Theta Lake.

Here are the details of Theta Lake's key team members:

Devin Redmond: Co-Founder & CEO of Theta Lake and founder of 1 other company.
Contact Info: 1 email address
Anthony J Cresci: Co-Founder & Chief Commercial Officer of Theta Lake.
Contact Info: 1 email address
Rich Sutton: Co-Founder & CTO of Theta Lake.
Contact Info: 1 email address

View details of Theta Lake's Founder profiles and Board Members

Theta Lake's employee count trend

Theta Lake has 113 employees as of Aug 26. Here is Theta Lake's employee count trend over the years:

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Top competitors of Theta Lake include Kiteworks, Duco and Smarsh. Here is the list of Top 10 competitors of Theta Lake, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Kiteworks 1999, Palo Alto (United States), Series D	Provider of private data network for secure and compliant data exchange	$650M	Sixth Street, Insight Partners & 3 others	65/100
2nd	Duco 2010, London (United Kingdom), Acquired	SAAS reconciliation solution for financial services firms	$35.3M	CME Group, Eight Roads Ventures & 10 others	64/100
3rd	Smarsh 2001, Portland (United States), Acquired	Provider of communications data governance and archiving platform using artificial intelligence	$6.68M	Toba Capital, Golub Growth & 3 others	64/100
4th	Theta Lake 2017, San Mateo (United States), Series B	AI-based solutions for video communication compliance	$71M	Salesforce Ventures, WestWave Capital & 10 others	64/100
5th	Litlingo 2019, Austin (United States), Acquired	Cloud & AI-based compliance management software provider	$9.5M	Live Oak Ventures, Breyer Capital & 4 others	59/100
6th	Solidatus 2017, London (United Kingdom), Series A	Cloud-based platform for enterprise data management	$19.4M	Citi, AlbionVC & 4 others	55/100
7th	PerformLine 2008, Morristown (United States), Series B	Provider of AI-driven software for marketing compliance and brand monitoring	-	M33 Growth, Western Technology Investment ... & 7 others	50/100
8th	ArchiveSocial 2011, Durham (United States), Series B	Provider of social media archiving and monitoring for regulatory compliance and risk management	$54.1M	Level Equity, Revolution & 2 others	50/100
9th	Smart RIA 2011, Knoxville (United States), Seed	Cloud based platform that offers compliance management solutions	$125K	RevTech Labs, Compound & 3 others	48/100
10th	VoxSmart 2006, London (United Kingdom), Series C	Compliance management solutions for banks	$61.9M	Toscafund Asset Management, NatWest & 43 others	46/100