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Ten Eleven Ventures

North America, California, United States, Burlingame

Description

Ten Eleven Ventures is a specialized venture capital firm uniquely dedicated to the cybersecurity sector, operating globally from its base in Burlingame, United States. Established as the original cybersecurity-focused investment firm, it boasts a deep understanding of the industry's evolving landscape and critical needs. The firm adopts a stage-agnostic investment approach, deploying capital across the entire lifecycle of a company, from early-stage seed rounds through to growth equity investments. This flexibility allows Ten Eleven Ventures to support promising cybersecurity innovators at various points in their development, leveraging its extensive network and operational expertise.

The firm has demonstrated a consistent ability to raise substantial capital, reflecting investor confidence in its specialized strategy. Notable funds include Ten Eleven Ventures Fund I, which closed at $125 million, followed by Fund II at $175 million, and most recently, Fund III, which successfully raised $250 million. These successive fundraises underscore the firm's commitment to long-term investment in the cybersecurity space. Ten Eleven Ventures is known for its "Founders-First" philosophy, providing not just capital but also strategic guidance, industry connections, and operational support to its portfolio companies, helping them navigate market challenges and accelerate growth.

Typically, Ten Eleven Ventures' initial check sizes for new investments range from $5 million to $25 million. This range allows them to lead or co-lead significant rounds for companies poised for disruption in areas such as cloud security, threat intelligence, identity management, and critical infrastructure protection. Their global reach enables them to identify and invest in innovative cybersecurity solutions worldwide, contributing to a more secure digital future. The firm's focused expertise and substantial capital base position it as a key player in the venture capital landscape for cybersecurity.

Investor Profile

Ten Eleven Ventures has backed more than 92 startups, with 13 new investments in the last 12 months alone. The firm has led 43 rounds, about 47% of its total and boasts 17 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Israel.
  • Strong thematic focus on Cyber Security, Network Security, Information Technology.
  • Led 8 rounds in the past year.
  • Typical check size: $5M – $25M.

Stage Focus

  • Series A (27%)
  • Series B (20%)
  • Series C (18%)
  • Seed (14%)
  • Private Equity (5%)
  • Series D (4%)
  • Series E (3%)
  • Post Ipo Equity (2%)
  • Series F (2%)
  • Series Unknown (2%)

Country Focus

  • United States (77%)
  • United Kingdom (10%)
  • Israel (7%)
  • Australia (3%)
  • Ireland (2%)
  • Spain (1%)

Industry Focus

  • Cyber Security
  • Network Security
  • Information Technology
  • Security
  • Software
  • Cloud Security
  • Enterprise Software
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Cloud Data Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Ten Eleven Ventures frequently co-invest with?

Google Ventures
North America, California, United States, Mountain View
Co-Investments: 5
Citi Ventures
North America, California, United States, San Francisco
Co-Investments: 5
Dell Technologies Capital
North America, California, United States, Palo Alto
Co-Investments: 10
Kohlberg Kravis Roberts
North America, New York, United States, Hudson
Co-Investments: 13
YL Ventures
North America, California, United States, Mill Valley
Co-Investments: 6
Polaris Partners
North America, Massachusetts, United States, Boston
Co-Investments: 5
ClearSky
North America, Florida, United States, North Palm Beach
Co-Investments: 5
DFJ Growth
North America, California, United States, Menlo Park
Co-Investments: 5
Rally Ventures
North America, California, United States, Menlo Park
Co-Investments: 5
Blackstone Group
North America, New York, United States, New York
Co-Investments: 4

Which angels does Ten Eleven Ventures often collaborate with?

JO
North America, Michigan, United States, Ann Arbor
Shared Deals: 2
MF
North America, California, United States, Mountain View
Shared Deals: 1
PK
North America, District of Columbia, United States, Washington
Shared Deals: 1
Daniel Warmenhoven
North America, California, United States, San Francisco
Shared Deals: 1
ZL
North America, Texas, United States, Austin
Shared Deals: 1
RC
North America, District of Columbia, United States, Washington
Shared Deals: 1
DO
North America, United States
Shared Deals: 1
BM
North America, Florida, United States, Tampa
Shared Deals: 2
RB
North America, California, United States, Foster City
Shared Deals: 1
Dan Amiga
Asia, Tel Aviv, Israel, Tel Aviv
Shared Deals: 1

What are some of recent deals done by Ten Eleven Ventures?

Fleet Device Management

San Francisco, California, United States

Fleet Device Management offers an open-source device management platform for IT and endpoint security teams.

Cyber SecurityIT InfrastructureIT ManagementNetwork SecuritySoftware
Series BJun 17, 2025
Amount Raised: $27,000,000
Hypernative

Herzliya, Tel Aviv, Israel

Hypernative delivers Web3 security and threat detection, using AI to protect blockchain protocols, assets, and decentralized apps.

Cyber SecurityInformation TechnologyMachine LearningWeb3
Series BJun 10, 2025
Amount Raised: $40,000,000
Guardare

Clearwater, Florida, United States

Guardare is an AI-powered platform that automates complex cybersecurity tasks, provides actionable insights.

Cyber SecurityNetwork Security
SeedJun 9, 2025
Amount Raised: $5,100,000
Corsha

Vienna, Virginia, United States

Corsha is the Identity Provider for Machines that allows you to securely connect your machines, move data, and automate with confidence

Cloud SecurityCyber SecurityDevOpsIndustrial AutomationIT InfrastructureSaaSSecurity
Series AApr 8, 2025
Amount Raised: $18,000,000
ReliaQuest

Tampa, Florida, United States

The world's leading brands use ReliaQuest's GreyMatter platform for continuous visibility, automation, & measurement across their security.

Cloud Data ServicesCyber SecurityInformation TechnologyNetwork SecuritySaaS
Private EquityMar 31, 2025
Amount Raised: $500,000,000
Aura

Boston, Massachusetts, United States

Aura provides AI-powered security solutions that offer identity theft protection, credit monitoring, and online privacy for individuals.

Cyber SecurityInformation TechnologyNetwork SecuritySecurity
Series GMar 24, 2025
Amount Raised: $140,000,000
VulnCheck

Lexington, Massachusetts, United States

VulnCheck delivers advanced cyber threat intelligence, offering exploit and vulnerability insights to help organizations stay secure.

Artificial Intelligence (AI)Cyber SecurityInformation TechnologyNetwork Security
Series AMar 18, 2025
Amount Raised: $12,000,000
Eclypsium

Portland, Oregon, United States

Eclypsium offers a platform for supply chain security for IT infrastructure.

Cyber SecurityEnterpriseInformation Technology
Series CJan 28, 2025
Amount Raised: $45,000,000
Silent Push

Reston, Virginia, United States

Silent Push is a detection-focused threat intelligence solution that identifies and protects organizations against new threats.

Cyber SecurityInformation TechnologyNetwork Security
Series ADec 11, 2024
Amount Raised: $10,000,000
Twine

Tel Aviv-yafo, Tel Aviv, Israel

Twine builds digital cybersecurity employees who execute tasks from A to Z to help cyber teams close the talent gap - staring with IAM.

Artificial Intelligence (AI)Generative AIVirtual Workforce
SeedNov 20, 2024
Amount Raised: $12,000,000