Latest news with #TenElevenVentures
Yahoo
3 days ago
- Business
- Yahoo
Alex Doll Joins National Venture Capital Association Board of Directors
Ten Eleven Ventures Co-founder Will Support NVCA's Mission to Advance the Entrepreneurial Ecosystem and Improve IPO Access for High-Growth Companies BURLINGAME, Calif., June 05, 2025--(BUSINESS WIRE)--Ten Eleven Ventures, the original cybersecurity-focused, global, and stage-agnostic investment firm, today announced that its co-founder and managing general partner, Alex Doll, has been appointed to the National Venture Capital Association (NVCA) Board of Directors. Doll brings extensive experience as a venture investor and a deep strategic understanding of the cybersecurity landscape to the NVCA. At Ten Eleven Ventures, he has successfully led investments in over 60 cybersecurity startups and scale-ups, already guiding 17 to successful exits, including notable IPOs such as Ping Identity, Darktrace, and KnowBe4. As a member of the NVCA Board, Doll will leverage his experience to strengthen the entrepreneurial ecosystem and help innovative startups more effectively navigate the transition from private to public markets. Doll's appointment also affirms the NVCA's growing recognition of cybersecurity's critical importance across venture capital and entrepreneurial ecosystems. As the founder of the industry's first cybersecurity specialist venture capital firm, Doll brings a distinctive perspective on the complex ways national security and geopolitics impact start-ups and scale ups in the cybersecurity industry. As a board member, he looks forward to adding insights on national security and geopolitical dynamics from the point of view of the cybersecurity industry. "We're thrilled to welcome Alex Doll to the NVCA board," said NVCA President and CEO Bobby Franklin. "Through his leadership in our National Security Working Group, Alex has consistently brought sharp insight and a deep commitment to safeguarding American innovation. Adding his perspective to NVCA's Board of Directors will be invaluable as we work to better serve the entrepreneurs tackling today's toughest challenges." "The NVCA plays a crucial role in advocating for policies that fuel innovation, facilitating strategic private-public partnerships, and nurturing an engaged venture community," said Alex Doll. "In today's challenging economic climate, cybersecurity startups face increasing obstacles in accessing public markets. To sustain innovation and scalability in this critical sector, we must evolve our regulatory frameworks and ecosystem support to streamline and demystify the IPO process. Additionally, we must remain steadfast in our commitment to funding groundbreaking research, protecting intellectual property, and strengthening national cybersecurity resilience. I'm committed to working with the NVCA and policymakers to drive meaningful change on these important matters." The appointment also underscores Doll's deep-rooted commitment to the NVCA's mission, continuing a family legacy of leadership. Alex's father, Dixon Doll, served multiple terms on NVCA's board, including as Chairman during the critical passage of the U.S. JOBS Act in 2012. That landmark legislation marked a rare alignment between government and business, fostering significant advancements in innovation, infrastructure, entrepreneurship, and job creation. The NVCA remains dedicated to advocating for public policies, facilitating strategic collaboration, and providing resources to empower venture capital firms and startups. Doll's expertise and visionary leadership will be pivotal in advancing NVCA's ongoing efforts to strengthen the foundations of high-growth businesses across America. More details on the new board appointments can be found here. About Ten Eleven Ventures Ten Eleven Ventures is the original cybersecurity-focused, global and stage-agnostic investment firm. The firm finds, invests in and helps grow top cybersecurity companies addressing critical digital security needs, tapping its team, network and experience to help build successful businesses. Since its founding, Ten Eleven Ventures has raised over $US1 billion and made over 60 cybersecurity investments across stages worldwide, including KnowBe4, Darktrace, Axis Security, Twistlock, Verodin, Cylance and Ping Identity. For more information, please visit About NVCA The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about NVCA, please visit View source version on Contacts Ten Eleven Ventures Press Contact: Monsy Carlomonsy@
Business Wire
3 days ago
- Business
- Business Wire
Alex Doll Joins National Venture Capital Association Board of Directors
BURLINGAME, Calif.--(BUSINESS WIRE)-- Ten Eleven Ventures, the original cybersecurity-focused, global, and stage-agnostic investment firm, today announced that its co-founder and managing general partner, Alex Doll, has been appointed to the National Venture Capital Association (NVCA) Board of Directors. 'We're thrilled to welcome Alex Doll to the NVCA board,' said NVCA President and CEO Bobby Franklin. Doll brings extensive experience as a venture investor and a deep strategic understanding of the cybersecurity landscape to the NVCA. At Ten Eleven Ventures, he has successfully led investments in over 60 cybersecurity startups and scale-ups, already guiding 17 to successful exits, including notable IPOs such as Ping Identity, Darktrace, and KnowBe4. As a member of the NVCA Board, Doll will leverage his experience to strengthen the entrepreneurial ecosystem and help innovative startups more effectively navigate the transition from private to public markets. Doll's appointment also affirms the NVCA's growing recognition of cybersecurity's critical importance across venture capital and entrepreneurial ecosystems. As the founder of the industry's first cybersecurity specialist venture capital firm, Doll brings a distinctive perspective on the complex ways national security and geopolitics impact start-ups and scale ups in the cybersecurity industry. As a board member, he looks forward to adding insights on national security and geopolitical dynamics from the point of view of the cybersecurity industry. 'We're thrilled to welcome Alex Doll to the NVCA board,' said NVCA President and CEO Bobby Franklin. 'Through his leadership in our National Security Working Group, Alex has consistently brought sharp insight and a deep commitment to safeguarding American innovation. Adding his perspective to NVCA's Board of Directors will be invaluable as we work to better serve the entrepreneurs tackling today's toughest challenges.' 'The NVCA plays a crucial role in advocating for policies that fuel innovation, facilitating strategic private-public partnerships, and nurturing an engaged venture community,' said Alex Doll. 'In today's challenging economic climate, cybersecurity startups face increasing obstacles in accessing public markets. To sustain innovation and scalability in this critical sector, we must evolve our regulatory frameworks and ecosystem support to streamline and demystify the IPO process. Additionally, we must remain steadfast in our commitment to funding groundbreaking research, protecting intellectual property, and strengthening national cybersecurity resilience. I'm committed to working with the NVCA and policymakers to drive meaningful change on these important matters.' The appointment also underscores Doll's deep-rooted commitment to the NVCA's mission, continuing a family legacy of leadership. Alex's father, Dixon Doll, served multiple terms on NVCA's board, including as Chairman during the critical passage of the U.S. JOBS Act in 2012. That landmark legislation marked a rare alignment between government and business, fostering significant advancements in innovation, infrastructure, entrepreneurship, and job creation. The NVCA remains dedicated to advocating for public policies, facilitating strategic collaboration, and providing resources to empower venture capital firms and startups. Doll's expertise and visionary leadership will be pivotal in advancing NVCA's ongoing efforts to strengthen the foundations of high-growth businesses across America. More details on the new board appointments can be found here. About Ten Eleven Ventures Ten Eleven Ventures is the original cybersecurity-focused, global and stage-agnostic investment firm. The firm finds, invests in and helps grow top cybersecurity companies addressing critical digital security needs, tapping its team, network and experience to help build successful businesses. Since its founding, Ten Eleven Ventures has raised over $US1 billion and made over 60 cybersecurity investments across stages worldwide, including KnowBe4, Darktrace, Axis Security, Twistlock, Verodin, Cylance and Ping Identity. For more information, please visit About NVCA The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about NVCA, please visit
The Independent
02-04-2025
- Business
- The Independent
‘Defence investment is ethical' says Healey as he meets firms to drum up capital
The Defence Secretary has met with start-up investors in an effort to drum up support for 'ethical' investments in European defence. John Healey spoke to venture capitalists at a meeting in central London on Wednesday as part of wider Government efforts to drive private capital into the sector. With US support for Ukraine hanging in the balance under US President Donald Trump, both the UK and Europe have in recent weeks come under pressure to shore up the continent's security in the face of threats from Russia. The UK Government has now committed to spending 2.5% of gross domestic product by April 2027, and 3% by the next parliament. But calls have also been growing in Westminster for a private sector rethink on environmental, social and governance (ESG) investment requirements that often exclude defence firms as unethical. Mr Healey said: 'We want to mobilise private investors to take a fresh look at defence, alongside the certainty of our Government's record long-term uplift in defence spending. 'With countries across Europe facing new threats stepping up to take more responsibility for our continent's defence is an ethical investment, and it's good to see increasing numbers of private investors recognising that. 'There is no more important investment than in our European security. 'As a Government we are determined to tackle any blockers which are preventing private finance from flowing into UK defence, which is why today's landmark meeting is so important.' At the meeting, Mr Healey joined Khaled Helioui, co-founder of early-stage investment fund Plural and Grace Cassy, a non-executive director at Ten Eleven Ventures, who has supported the development of the Government's forthcoming strategic defence review. The group discussed how to incentivise private investment into defence and deep technology, focusing on start-up and scale up firms. The Defence Secretary also argued that the Government's defence spending hike – the largest sustained increase since the Cold War – as well as defence reforms will help to unlock private sector investment into high-growth British companies. The Government's new direct expenditure target for small and medium-sized enterprises (SMEs) will also help to give high-growth companies more certainty and sight of future investment, Mr Healey said. Elsewhere, he cited Chancellor Rachel Reeves' announcement last week of a £400 million ringfenced budget for defence innovation and a government commitment to spend 10% of the defence equipment budget on novel technologies. The Government said it comes as some VC firms look to renegotiate their agreements with limited partners – the investors who provide the capital for the fund to invest in high-growth firms – to better enable financial flows into defence. Alongside the meeting, the Government confirmed it will invest up to £250 million with Roke, a Hampshire-based defence tech firm, under a six-year contract. The partnership aims to support around 150 jobs and deliver analysis, trials and technology development against ballistic and hypersonic missile threats. The Defence Secretary said the Government is bringing 'a clear mandate to bring innovative technology to the frontline at speed and enable the defence sector to create high-growth British success stories that deliver investor returns and national security'.
Yahoo
25-03-2025
- Business
- Yahoo
Aura completes Series G funding round at $1.6bn valuation
Aura, an AI-powered safety platform, has completed its Series G funding round, raising $140m in equity and debt at a valuation of $1.6bn. The financing round was led by Ten Eleven Ventures and Madrone Capital, with participation from new investor AT&T Ventures. Existing investors Accel, Warburg Pincus, and General Catalyst also contributed. The funding round, which initially closed in August 2024, marks Aura's first since its separation from Pango Group —now operating as Point Wild—executed through a tax-free spinoff. Aura plans to use the funds to further develop its suite of intelligent safety features, with additional capabilities expected to be released later in 2025. Commenting on the funding, Ten Eleven Ventures founder and general partner Alex Doll said: 'Aura's innovative and comprehensive approach to online digital health and safety clearly positions it as a leader in protecting families in our increasingly connected world. At Ten Eleven Ventures, we quickly recognized the significant value that Aura's integrated, purpose-built suite of digital wellness products can provide to families, rather than just focusing on individuals or isolated devices.' The Aura platform, powered by Aura Intelligence and AI, provides personalised insights and protection through an all-in-one service. The platform offers a comprehensive suite of features, including device security, scam and fraud protection, child safety alerts, and identity theft protection. These capabilities are orchestrated and automated by AI, providing personalised insights and protection through Aura Intelligence. The company said it has experienced significant consumer demand, resulting in approximately 50% GAAP revenue growth year-over-year in 2024. Aura founder and CEO Hari Ravichandran said: 'We are seeing tremendous momentum in the business and today's funding announcement will enable Aura to extend our leadership in AI-powered features that not only keep families safe but help them thrive in an increasingly connected world.' "Aura completes Series G funding round at $1.6bn valuation" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
