Alex Doll co-founded PGP Corporation, a seminal encryption company later acquired by Symantec, giving him a founder's perspective that informs his empathy for and credibility with cybersecurity entrepreneurs. He has maintained a career-long focus on security as both an operator and investor, earning a reputation as a career security person rather than a generalist VC who later added a security thesis.
What they've been talking about across their social media accounts

- Singular focus on the cybersecurity industry with an emphasis on specialized niches rather than generalist tech trends. This deep dive into the sector includes tracking the evolution of specific technologies, such as the rise of container security with Twistlock or the application of AI and automation within cyber defense.
- Maintains a global investment mandate, actively looking outside of Silicon Valley to find and support innovation in international hubs. Highlights include closing deals with teams in Australia, such as Kasada, and backing founders in Israel, demonstrating a willingness to partner with startups regardless of geography.
- Champions portfolio companies by amplifying their media wins, funding announcements, and industry awards. Frequently acts as a public cheerleader for successes, such as celebrating Cylance repeatedly making the CNBC Disruptor list or acknowledging Darktrace for its significant growth funding milestones.
- Deeply engaged in the technical and ethical nuances of data privacy and encryption standards. closely followed high-profile industry debates like the dispute between Apple and the FBI regarding device security, often referencing historical context from encryption pioneers to frame current events.
- Stage-agnostic investing approach that spans from early stealth phases to late-stage growth rounds. The strategy involves both backing entrepreneurs just exiting stealth mode, like Jask, and participating in massive growth rounds alongside major private equity firms like KKR for established players like KnowBe4.
About their Fund
Sectors
Cybersecurity, AI, Data, Fintech, Web3 / Crypto
Rounds
Seed - Series B+
Avg Check Size
$3M - $15M
Notable Investments
Ten Eleven Ventures is the first venture capital fund created to focus exclusively on cybersecurity across all stages and geographies, built around founder Alex Doll's experience scaling ArcSight from startup through acquisition by HP. The fund differentiates itself by investing in "defending AI" systems and privacy/device management technologies while operating as a platform for the cybersecurity community through technical coaching and curated retreats that bring together portfolio founders with senior security professionals.
Notable Fund
Investments
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