Ten Eleven Ventures

TenEleven Ventures is a venture capital firm founded in 2014, with offices in Boston, Burlingame, Boulder, and England. Specializing in early-stage investments, the firm focuses on cybersecurity and technology companies across North America and globally. TenEleven is dedicated to fostering the growth of the next generation of cybersecurity firms, providing them with the resources and expertise necessary to thrive in a rapidly evolving landscape. As a Registered Investment Adviser, TenEleven Ventures aims to identify and support innovative companies that address the challenges in the cybersecurity sector.

Ben Charlson

Associate

Kaiti Delaney

Principal

Dixon Doll Jr.

Investor

Andrew J Doll

Partner

Alex Doll

Co-Founder and Managing General Partner

Dixon Doll

Partner

Brian Draves

COO and Partner

Katherine Lohr-Valdez

Vice President of Finance

David Palmer

General Partner

Dave Palmer

General Partner

Todd Weber

CTO and Operating Partner

Past deals in Penetration Testing

HiddenLayer

Seed Round in 2022
HiddenLayer is a provider of security solutions for machine learning algorithms and models. They offer threat modeling, ML risk assessment training, and red team assessment services, as well as AI and ML model scanning. They also offer ML detection and response implementation services.

Kasada

Series C in 2021
Kasada Pty Ltd is an Australian company specializing in cyber-security software solutions. Founded in 2014 and headquartered in Chippendale, Australia, with additional offices in the United States and the United Kingdom, Kasada develops a cloud-based product known as Kasada Polyform. This product focuses on automated bot detection and mitigation specifically designed for enterprise web applications. By addressing the economic challenges associated with the misuse of automation in applications and APIs, Kasada aims to enhance the security posture of organizations against malicious automated threats.

Noetic

Series A in 2021
Noetic Cyber specializes in cyber asset and controls management through its cloud-based platform, which enhances the security posture of organizations. The platform provides unified visibility of all assets, whether in the cloud or on-premises, allowing security teams to effectively monitor and manage their environments. By offering continuous, automated remediation, Noetic Cyber helps close coverage gaps and enforce security policies. This empowers security teams to make quicker and more informed decisions, ultimately reducing cyber risk and improving the overall security ecosystem.

NetSPI

Private Equity Round in 2021
NetSPI specializes in providing comprehensive threat and vulnerability management solutions, focusing on penetration testing and cybersecurity services. With over 15 years of expertise, the company uses its CorrelatedVM™ platform to offer a blend of managed services, application assessments, network assessments, and advisory services. This approach enables organizations in sectors such as financial services, healthcare, technology, and retail to proactively identify, address, and prevent security threats. By implementing manual penetration testing and leveraging automation, NetSPI helps clients enhance their cybersecurity posture and protect critical assets from potential disruptions. The combination of skilled personnel, effective processes, and advanced technology allows for improved visibility and the eradication of security blind spots across enterprise environments.

Vulcan Cyber

Series B in 2021
Vulcan Cyber Ltd. operates a vulnerability remediation platform designed to assist enterprises in detecting and addressing vulnerabilities in their software and code efficiently. Founded in 2018 and headquartered in Tel Aviv, Israel, with an office in San Francisco, the company integrates and automates existing security tools and processes to provide security teams with the necessary insights to eliminate vulnerabilities in production systems. By leveraging data from various scanning tools and employing advanced exposure analytics, Vulcan Cyber offers a clear understanding of the risks posed by vulnerabilities within an organization’s infrastructure. Its platform combines proprietary remediation intelligence with enterprise vulnerability data, enabling organizations to prioritize and address the most critical vulnerabilities effectively.

Kasada

Series B in 2020
Kasada Pty Ltd is an Australian company specializing in cyber-security software solutions. Founded in 2014 and headquartered in Chippendale, Australia, with additional offices in the United States and the United Kingdom, Kasada develops a cloud-based product known as Kasada Polyform. This product focuses on automated bot detection and mitigation specifically designed for enterprise web applications. By addressing the economic challenges associated with the misuse of automation in applications and APIs, Kasada aims to enhance the security posture of organizations against malicious automated threats.

CyberGRX

Series D in 2019
CyberGRX is a cybersecurity company based in Denver, Colorado, that specializes in third-party cyber risk management. Its platform offers a comprehensive and cost-effective solution for organizations to identify, assess, mitigate, and monitor cyber risks associated with their entire partner ecosystem. By leveraging automation and advanced analytics, CyberGRX enables enterprises to collaboratively address threats arising from their reliance on vendors, partners, and customers. The platform provides a scalable approach that streamlines third-party cyber risk programs, delivering real-time decision-making capabilities and complete portfolio visibility. Through its innovative tools, CyberGRX helps organizations efficiently manage and mitigate risks, enhancing their overall cybersecurity posture.

Digital Shadows

Series C in 2019
Digital Shadows Ltd. is a cyber threat intelligence company focused on protecting organizations from data loss and targeted cyber attacks. Founded in 2011, the company offers several services, including Data SearchLight, which detects data loss and leaked materials, and Threat SearchLight, which monitors hostile groups to understand potential threats. Additionally, Brand Protect tracks online mentions of an organization to alert clients of damaging information or compliance breaches. VIP Protect further enhances security by identifying personal threats and preventing exposure of sensitive information. The company serves a diverse clientele across sectors such as financial services, healthcare, and national security, helping them discover sensitive data exposed through various online platforms. Based in London with an office in Dallas, Digital Shadows maintains a strategic partnership with Lockpath, Inc.

Vulcan Cyber

Series A in 2019
Vulcan Cyber Ltd. operates a vulnerability remediation platform designed to assist enterprises in detecting and addressing vulnerabilities in their software and code efficiently. Founded in 2018 and headquartered in Tel Aviv, Israel, with an office in San Francisco, the company integrates and automates existing security tools and processes to provide security teams with the necessary insights to eliminate vulnerabilities in production systems. By leveraging data from various scanning tools and employing advanced exposure analytics, Vulcan Cyber offers a clear understanding of the risks posed by vulnerabilities within an organization’s infrastructure. Its platform combines proprietary remediation intelligence with enterprise vulnerability data, enabling organizations to prioritize and address the most critical vulnerabilities effectively.

KnowBe4

Series C in 2019
KnowBe4 is a company focused on enhancing cybersecurity through comprehensive security awareness training and simulated phishing attacks. It offers a platform that enables businesses to assess and improve their defenses against social engineering threats. Key features include an Automated Security Awareness Program, Active Directory Integration for efficient user management, and tools that track and measure user susceptibility to phishing over time. Founded on the belief that the human aspect of cybersecurity is often overlooked, KnowBe4 addresses the vulnerabilities faced by small and medium enterprises lacking robust national security strategies. The company's revenue primarily comes from subscription fees for access to its cloud-based services, which encompass security awareness, orchestration, automation, and compliance management.

CyberGRX

Series C in 2018
CyberGRX is a cybersecurity company based in Denver, Colorado, that specializes in third-party cyber risk management. Its platform offers a comprehensive and cost-effective solution for organizations to identify, assess, mitigate, and monitor cyber risks associated with their entire partner ecosystem. By leveraging automation and advanced analytics, CyberGRX enables enterprises to collaboratively address threats arising from their reliance on vendors, partners, and customers. The platform provides a scalable approach that streamlines third-party cyber risk programs, delivering real-time decision-making capabilities and complete portfolio visibility. Through its innovative tools, CyberGRX helps organizations efficiently manage and mitigate risks, enhancing their overall cybersecurity posture.

Darktrace

Series E in 2018
Darktrace Limited is a cybersecurity company that specializes in intelligence-led behavioral defense solutions to counter various cyber-attack vectors. The company's technology is modeled on the human immune system and employs self-learning artificial intelligence to monitor network, host, and mobile device activities in real-time. Its offerings include the Darktrace Cyber Intelligence Platform for enterprise-wide security, the Darktrace Threat Visualizer for operational insights, and Darktrace Antigena, which autonomously responds to active cyber threats. Serving over 3,500 organizations globally, including government and military entities, Darktrace protects against a wide range of threats such as insider threats, IoT compromises, and zero-day malware. The company has a robust workforce and maintains 44 offices, with headquarters in both San Francisco and Cambridge, UK. Darktrace's innovative approach enables it to neutralize threats across diverse digital environments, including cloud, networks, and industrial systems, positioning it as a leader in the cybersecurity field.

OffSec

Private Equity Round in 2018
Provider of continuous professional and workforce development, training, and education for cybersecurity practitioners. The company's distinct pedagogy and practical, hands-on learning help organizations fill the infosec talent gap by training their teams on today's most critical skills, its Learning Library featuring 7,000 hours of content, including over 1,800 videos, and 4,200+ labs, helps demonstrates its commitment to empowering individuals and organizations to fight cyber threats with indispensable cybersecurity skills and resources also funds and maintains Kali Linux, the leading operating system for penetration testing, ethical hacking, and network security assessments,more

Twistlock

Series C in 2018
Trusted by 25% of the Fortune 100, Twistlock is the most complete, automated and scalable container cybersecurity platform. From precise, actionable vulnerability management to automatically deployed runtime protection and firewalls, Twistlock protects applications across the development lifecycle and into production. Purpose built for containers, serverless, and other leading technologies - Twistlock gives developers the speed they want, and CISOs the control they need. Founded in 2015 by CEO Ben Bernstein and VP R&D Dima Stopel, Twistlock is privately held with funding from Polaris Partners, 1011 Ventures, Rally Ventures, YL Ventures and Dell Technologies Capital. Twistlock is headquartered in Portland, Oregon with offices in New York City, Baton Rouge, Louisiana, London, and Herzliya, Israel.

Verodin

Series B in 2018
Verodin, Inc. is a software company based in Purcellville, Virginia, focused on enhancing cybersecurity effectiveness for organizations. Incorporated in 2014, Verodin develops the Security Instrumentation Platform (SIP), which enables businesses to measure and validate the effectiveness of their cybersecurity controls across various domains, including endpoint, email, cloud, and network infrastructures. The platform provides evidence that helps organizations assess their security postures and continuously improve their defenses against cyber threats. As of May 2019, Verodin operates as a subsidiary of FireEye, Inc., further strengthening its position in the cybersecurity landscape.

Darktrace

Series D in 2017
Darktrace Limited is a cybersecurity company that specializes in intelligence-led behavioral defense solutions to counter various cyber-attack vectors. The company's technology is modeled on the human immune system and employs self-learning artificial intelligence to monitor network, host, and mobile device activities in real-time. Its offerings include the Darktrace Cyber Intelligence Platform for enterprise-wide security, the Darktrace Threat Visualizer for operational insights, and Darktrace Antigena, which autonomously responds to active cyber threats. Serving over 3,500 organizations globally, including government and military entities, Darktrace protects against a wide range of threats such as insider threats, IoT compromises, and zero-day malware. The company has a robust workforce and maintains 44 offices, with headquarters in both San Francisco and Cambridge, UK. Darktrace's innovative approach enables it to neutralize threats across diverse digital environments, including cloud, networks, and industrial systems, positioning it as a leader in the cybersecurity field.

Twistlock

Series B in 2017
Trusted by 25% of the Fortune 100, Twistlock is the most complete, automated and scalable container cybersecurity platform. From precise, actionable vulnerability management to automatically deployed runtime protection and firewalls, Twistlock protects applications across the development lifecycle and into production. Purpose built for containers, serverless, and other leading technologies - Twistlock gives developers the speed they want, and CISOs the control they need. Founded in 2015 by CEO Ben Bernstein and VP R&D Dima Stopel, Twistlock is privately held with funding from Polaris Partners, 1011 Ventures, Rally Ventures, YL Ventures and Dell Technologies Capital. Twistlock is headquartered in Portland, Oregon with offices in New York City, Baton Rouge, Louisiana, London, and Herzliya, Israel.

CyberGRX

Series B in 2017
CyberGRX is a cybersecurity company based in Denver, Colorado, that specializes in third-party cyber risk management. Its platform offers a comprehensive and cost-effective solution for organizations to identify, assess, mitigate, and monitor cyber risks associated with their entire partner ecosystem. By leveraging automation and advanced analytics, CyberGRX enables enterprises to collaboratively address threats arising from their reliance on vendors, partners, and customers. The platform provides a scalable approach that streamlines third-party cyber risk programs, delivering real-time decision-making capabilities and complete portfolio visibility. Through its innovative tools, CyberGRX helps organizations efficiently manage and mitigate risks, enhancing their overall cybersecurity posture.

Optiv

Venture Round in 2017
Optiv is a cyber security solutions provider in North America that help clients plan, build and run successful cyber security programs. Created in 2015 from the merger of Accuvant and FishNet Security, the company is committed in helping businesses, governments and educational institutions plan, build and run successful security programs through the right combination of products, services and solutions related to security program strategy, enterprise risk and consulting, threat and vulnerability management, enterprise incident management, security architecture and implementation, training, identity and access management, and managed security.

GoSecure

Series C in 2016
GoSecure is an information technology company that specializes in the fields of cybersecurity, cloud security, and network security. The CounterTack Platform delivers predictive multi-vector detection, prevention, and response. GoSecure provides a detection and response platform that delivers predictive multi-vector detection, prevention, and response by applying a combination of behavioral analysis, memory forensics, machine learning, and reputational techniques to counter the most advanced threats.

CyberGRX

Series A in 2016
CyberGRX is a cybersecurity company based in Denver, Colorado, that specializes in third-party cyber risk management. Its platform offers a comprehensive and cost-effective solution for organizations to identify, assess, mitigate, and monitor cyber risks associated with their entire partner ecosystem. By leveraging automation and advanced analytics, CyberGRX enables enterprises to collaboratively address threats arising from their reliance on vendors, partners, and customers. The platform provides a scalable approach that streamlines third-party cyber risk programs, delivering real-time decision-making capabilities and complete portfolio visibility. Through its innovative tools, CyberGRX helps organizations efficiently manage and mitigate risks, enhancing their overall cybersecurity posture.

Twistlock

Series A in 2016
Trusted by 25% of the Fortune 100, Twistlock is the most complete, automated and scalable container cybersecurity platform. From precise, actionable vulnerability management to automatically deployed runtime protection and firewalls, Twistlock protects applications across the development lifecycle and into production. Purpose built for containers, serverless, and other leading technologies - Twistlock gives developers the speed they want, and CISOs the control they need. Founded in 2015 by CEO Ben Bernstein and VP R&D Dima Stopel, Twistlock is privately held with funding from Polaris Partners, 1011 Ventures, Rally Ventures, YL Ventures and Dell Technologies Capital. Twistlock is headquartered in Portland, Oregon with offices in New York City, Baton Rouge, Louisiana, London, and Herzliya, Israel.

Darktrace

Series C in 2016
Darktrace Limited is a cybersecurity company that specializes in intelligence-led behavioral defense solutions to counter various cyber-attack vectors. The company's technology is modeled on the human immune system and employs self-learning artificial intelligence to monitor network, host, and mobile device activities in real-time. Its offerings include the Darktrace Cyber Intelligence Platform for enterprise-wide security, the Darktrace Threat Visualizer for operational insights, and Darktrace Antigena, which autonomously responds to active cyber threats. Serving over 3,500 organizations globally, including government and military entities, Darktrace protects against a wide range of threats such as insider threats, IoT compromises, and zero-day malware. The company has a robust workforce and maintains 44 offices, with headquarters in both San Francisco and Cambridge, UK. Darktrace's innovative approach enables it to neutralize threats across diverse digital environments, including cloud, networks, and industrial systems, positioning it as a leader in the cybersecurity field.

Digital Shadows

Series B in 2016
Digital Shadows Ltd. is a cyber threat intelligence company focused on protecting organizations from data loss and targeted cyber attacks. Founded in 2011, the company offers several services, including Data SearchLight, which detects data loss and leaked materials, and Threat SearchLight, which monitors hostile groups to understand potential threats. Additionally, Brand Protect tracks online mentions of an organization to alert clients of damaging information or compliance breaches. VIP Protect further enhances security by identifying personal threats and preventing exposure of sensitive information. The company serves a diverse clientele across sectors such as financial services, healthcare, and national security, helping them discover sensitive data exposed through various online platforms. Based in London with an office in Dallas, Digital Shadows maintains a strategic partnership with Lockpath, Inc.

GoSecure

Series C in 2015
GoSecure is an information technology company that specializes in the fields of cybersecurity, cloud security, and network security. The CounterTack Platform delivers predictive multi-vector detection, prevention, and response. GoSecure provides a detection and response platform that delivers predictive multi-vector detection, prevention, and response by applying a combination of behavioral analysis, memory forensics, machine learning, and reputational techniques to counter the most advanced threats.

Digital Shadows

Series A in 2015
Digital Shadows Ltd. is a cyber threat intelligence company focused on protecting organizations from data loss and targeted cyber attacks. Founded in 2011, the company offers several services, including Data SearchLight, which detects data loss and leaked materials, and Threat SearchLight, which monitors hostile groups to understand potential threats. Additionally, Brand Protect tracks online mentions of an organization to alert clients of damaging information or compliance breaches. VIP Protect further enhances security by identifying personal threats and preventing exposure of sensitive information. The company serves a diverse clientele across sectors such as financial services, healthcare, and national security, helping them discover sensitive data exposed through various online platforms. Based in London with an office in Dallas, Digital Shadows maintains a strategic partnership with Lockpath, Inc.

Ping Identity

Series G in 2014
Ping Identity Corporation specializes in providing intelligent identity solutions for enterprises globally. Its Ping Intelligent Identity platform enables secure access to various applications, including cloud, mobile, Software-as-a-Service, and on-premises solutions. The platform features capabilities such as secure single sign-on, multi-factor authentication, application security controls, unified profile directories, and data governance for identity data access. Additionally, it incorporates artificial intelligence and machine learning for enhanced API security. The company's clientele includes prominent organizations across multiple sectors, such as Fortune 100 companies, U.S. banks, biopharmaceutical firms, healthcare plans, and retailers. Founded in 2002 and headquartered in Denver, Colorado, Ping Identity has evolved to promote Zero Trust security frameworks and personalized user experiences.
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