09/25/2024 /VC Firms
Cybersecurity Leader Scott Lundgren Joins Ten Eleven Ventures as Operating Partner and CTO
Ten Eleven Ventures, a prominent venture capital firm specializing in global cybersecurity investments, has welcomed Scott Lundgren as its new Operating Partner and CTO. Lundgren, who boasts two decades of technical and cybersecurity product experience, played a pivotal role in the growth of Carbon Black from a startup to a company with over $400M in ARR and 1,600 employees. His rich background includes positions at Microsoft, the United States Air Force, and national intelligence operations.
Lundgren's appointment underscores the firm's commitment to providing strategic support to its portfolio companies and identifying new investment opportunities. His arrival follows the recent addition of new members to the Ten Eleven team, affirming the firm's dedication to nurturing the next generation of cybersecurity entrepreneurs. The firm has also appointed Grace Cassy, co-founder of the cybersecurity investment firm CyLon, as the Executive Chair of their Security Trust and Resilience (STAR) leaders network, further strengthening their industry expertise. Ten Eleven Ventures, which has raised over $US 1 billion and invested in over 50 cybersecurity companies worldwide, continues to cement its position as a market leader in the cybersecurity investment space.
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