Ten Eleven Ventures raises $200 million for early-stage cybersecurity deals


Burlingame, California-based Ten Eleven Ventures, which exclusively backs cybersecurity deals worldwide, announced it has raised $200 million for its second fund. TEV II will invest in Series A and B rounds. The firm, founded in 2014 by Alex Doll and Mark Hatfield, separately raised a $140 million second growth fund last year.

The firm said that in addition to bringing Brian Draves on last year as COO and partner, Ten Eleven has also recently hired Paul Ayers as an EIR in London and Kaiti Delaney has joined as an Associate in its Colorado office.

Source: Firm announcement