Ten Eleven Ventures Raises $600M Third Generation Fund

USA – Ten Eleven Ventures, a Burlingame, CA-based cybersecurity-focused, global, stage-agnostic investment firm, raised a $600M Third Generation fund.

The fund will invest in the next wave of premier security companies, from seed to growth stages.

Led by Alex Doll and Mark Hatfield, Ten Eleven Ventures is a cybersecurity-focused, global, stage agnostic investment firm. The firm finds, invests, and helps grow top cybersecurity companies addressing critical digital security needs, tapping its team, network, and experience to help build successful businesses. Since its founding, Ten Eleven Ventures has made 40 cybersecurity investments across stages worldwide. The firm’s portfolio includes ten acquisitions and IPOs, including Darktrace, KnowBe4, Ping Identity, Verodin, and Twistlock. Since the beginning of 2020, 40% of the investments have been made outside the U.S. and Canada, including Europe, Israel, and Australia.This fund raise brings the firm’s total assets under management to over $1 billion.The team also include: 03/06/2022