Dave Palmer brings an unusual combination of UK intelligence experience from GCHQ and MI5, where he led mission-critical infrastructure projects and managed nation-state-grade threats, plus co-founder and Chief Product Officer experience at Darktrace overseeing the AI mathematics and engineering teams. He's also a member of the UK Government's Defence & Economic Growth Taskforce, giving him direct policy exposure alongside his technical background in applying AI to cybersecurity problems.
About their Fund
Ten Eleven Ventures
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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