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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?

Variance

San Francisco, California, United States

Variance is a software company that builds AI agents for compliance and risk.

Developer APIsInformation TechnologySoftware
Series AMar 31, 2026
Amount Raised: $21,500,000
BlueFlag Security

Sunnyvale, California, United States

BlueFlag Security focus on penetration testing, application security, and risk assessment for organizations.

Cyber SecurityRisk ManagementSecuritySoftware
Series AMar 23, 2026
Amount Raised: $16,500,000
Eclypsium

Portland, Oregon, United States

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

Cloud ComputingCyber SecurityInformation TechnologyInternetSoftware
Series CMar 19, 2026
Amount Raised: $25,000,000
Jazz

New York, New York, United States

Jazz think that more rhythm—rather than more rules—is the answer. We are developing a DLP that can distinguish

Series AMar 10, 2026
Amount Raised: $43,000,000
Fig Security

New York, New York, United States

Fig Security is a cybersecurity startup that detects gaps in operational data security infrastructure and maintains functionality.

Cyber SecurityNetwork SecuritySecurity
Series AMar 3, 2026
Amount Raised: $30,000,000
VulnCheck

Lexington, Massachusetts, United States

VulnCheck provides vulnerability intelligence and exploit monitoring services for security teams.

Artificial Intelligence (AI)Cyber SecurityInformation TechnologyNetwork Security
Series BFeb 17, 2026
Amount Raised: $25,000,000

The world's first AI-powered collaborative experience designer

Artificial Intelligence (AI)Data IntegrationSaaSSoftware
SeedJan 21, 2026
Amount Raised: $10,000,000
Blackbird.AI

Rochester, New York, United States

Blackbird.AI develops narrative and risk intelligence tools for detecting emerging dangers and staying ahead of real-world harm.

Artificial Intelligence (AI)Enterprise SoftwareIntrusion DetectionMachine LearningSecurity
Series UnknownJan 7, 2026
Amount Raised: $28,000,000
Kasada

Sydney, New South Wales, Australia

Kasada protects online, mobile, and API channels from system takeover, content scraping, DOS, and account takeover.

ComputerCyber SecurityInternetSecuritySoftware
Series UnknownDec 9, 2025
Amount Raised: $19,877,330
Saviynt

El Segundo, California, United States

Saviynt offers an AI-based identity security platform that secures and governs all types of identities across digital ecosystems.

Artificial Intelligence (AI)Cloud Data ServicesCyber SecurityEnterprise Software
Series BDec 9, 2025
Amount Raised: $700,000,000

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