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Ten Eleven Ventures

Ten Eleven Ventures

Venture Capital

Ten Eleven Ventures is a cybersecurity-focused, global and stage-agnostic investment firm that backs digital security companies.

Portfolio

3

companies

AUM

£500M

under management


Portfolio companies

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Geordie

Geordie builds an agent-native security platform for enterprise AI adoption.

Device Authority

Device Authority

Device Authority secures identity and access management for enterprise internet of things ecosystems.

Cado Security

Cado Security

Cado Security delivers a cloud forensics and incident response platform for modern security teams.


Team

MH

Mark Hatfield

General Partner

Mark is the founder and partner at Ten Eleven Ventures. He also holds board and investor roles at several companies including Furl, VulnCheck, Hypernative, Darkhive, and Aembit.

LinkedIn
DP

Dave Palmer

General Partner


Recent investments

Seed
£4.4M

The seed round was co-led by Ten Eleven Ventures and General Catalyst.

"There’s no established playbook for how to deploy agentic AI now. Many times, the limited visibility and lack of understanding of potential risks are key blockers for many CISOs and technology leaders. Geordie supports these leaders so that organizations can bring strategic innovation in-house confidently and regain control of their rapidly changing technology environment. The security Geordie brings will be a critical part of safely embracing the agentic AI revolution destined for the decade ahead."
— Dave Palmer, General Partner
Series A
£5.6M

Ten Eleven Ventures led the Series A round to support product development and North American expansion.

"We are delighted to welcome Ten Eleven Ventures as a new investor. This investment is a significant step in Device Authority’s journey as we continue to help new and existing customers solve their device security challenges. The wealth of knowledge and experience that our new investor and board members bring will add significant value in helping the company grow and become the market leader for delivering zero trust for IoT."
— Darron Antill, CEO
Series B
$20.0M

Eurazeo led the Series B round to support international growth and product development.

"Rapid, strategic innovation has enabled us to grow quickly and effectively. As a platform purpose-built for the cloud, we are providing the solutions needed so that security teams can drastically speed up incident response in the cloud,"
— James Campbell, CEO and Co founder
Seed
£1.2M

The seed round was led by Silicon Valley-based cybersecurity investor Ten Eleven Ventures.

"Finding the root cause of security incidents in cloud or container environments is incredibly difficult. Traditional tools don’t support these new environments, and there is a shortage of people who know both forensics and cloud security,"
— James Campbell, CEO and Co founder