TenEleven Ventures Closes Two Cybersecurity Venture Capital Funds, Totalling $103.7M

tenelevenTenEleven, a Burlingame, California, and Boston, MA-based venture capital firm exclusively dedicated to cybersecurity, closed two funds totalling $103.7m.

In details, the funds include:
– Ten Eleven Growth Fund, L.P., which raised $26.245m from 45 backers; and
– Ten Eleven Venture Fund, L.P., which raised $77.49m from 46 backers.

Led by Alex Doll, Founder & Managing General Partner, and Mark Hatfield, Founder & General Partner, TenEleven focuses on early stage and growth investments in private companies that are innovating in the digital security field.

The portfolio includes Countertack, Digital Shadows, Ping Identity (acquired BY Vista Equity Partners), Cylance and Hexadite.

FinSMEs

06/09/2016

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