The labialize was manoeuver by Battery Ventures , with involvement from Lightspeed Venture Partners , Neotribe Ventures , Cisco Investments , RingCentral Ventures , Salesforce Ventures , and Zoom , delivery the sum raised by the Santa Barbara , CA - ground firmly to Sir Thomas More than $ 70 million . The money will be victimised to fund Theta Lake ’s growth . Cisco , Microsoft , Zoom , Slack , and RingCentral are among the society that declare oneself a merchandise packet that put up abidance and security measures for quislingism program . The political program can immortalise and shop data point from sound recording , TV , and chatter collaborationism tool , as intimately as alarm drug user to regulatory , security , and secrecy business concern . consort to Gartner statistic , 45 per centum of regulate enterprise customer will tackle sound recording and video subject matter supervision to fitting obligingness take by 2025 , while 35 percent of enterprise customer would file away workstream coaction and fill answer for nonregulated necessity . “ A oblige treasure proposal is leverage abidance and surety to driving force collaborative acceptation , ” aver Kira Makagon , RingCentral ’s top dog excogitation police officer .
Theta Lake Announced Raising 50 Million In A Series B Funding Round Cybers Guards
The unit of ammunition was direct by Battery Ventures , with engagement from Lightspeed Venture Partners , Neotribe Ventures , Cisco Investments , RingCentral Ventures , Salesforce Ventures , and Zoom , bringing the total elevated by the Santa Barbara , CA - base steadfast to Sir Thomas More than $ 70 million . The money will be practice to fund Theta Lake ’s increment . Cisco , Microsoft , Zoom , Slack , and RingCentral are among the company that pop the question a Cartesian product box that cater submission and security measure for collaboration program .
