cybersecurity

cybersecurity

Two cybersecurity startups that call Santa Barbara home have announced sizable Series B funding rounds.

Theta Lake, which makes security software for companies that use Zoom, Slack and similar tools to communicate, unveiled a $50 million Series B led by Boston-based Battery Ventures on Tuesday. Other noteworthy names—including Silicon Valley-based Lightspeed Venture Partners, Salesforce Ventures, Zoom and Cisco Investments—also chipped in on the round, which takes Theta Lake’s total funding raised to $70 million.

Read more Show less
Art by NicoElNino/ Shutterstock

Between a distinguished career as a U.S. Navy officer and various roles at IT and cybersecurity firms, Glen Day became the Los Angeles County Department of Health Services’ first chief privacy officer in 2002—a role tasked with overseeing HIPAA compliance for over a million medical patients.

At the time, governments and businesses alike were only beginning to understand the importance of privacy in a budding technological world, where data still straddled both analog and digital realms. Two decades later, the evolution of data storage and the cloud have turned companies into data hoarders. As a result, security breaches have become more sophisticated, and privacy compliance—from the European Union’s General Data Protection Regulation rules to California’s “right to be forgotten” law—has only increased.

Read more Show less
Trending