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Ten Eleven: Why We Invested in NetSPI

On May 12, 2021, NetSPI announced new funding from KKR and Ten Eleven. Learn why Ten Eleven chose to invest in NetSPI:

Today we’re pleased to announce our investment in NetSPI. In cybersecurity, understanding where weaknesses lie is a critical first step in defense. One crucial way to assess this is through penetration testing, where “ethical hackers” attempt to break into your systems before attackers can. Penetration testing is often required of technology vendors by their customers and a mandated part of certain required compliance programs and certifications, including SOC 2. Because of its importance, pen testing represents a $1.7Bn market growing at 22% a year – but companies are always looking for a way to do it in a faster and easier manner.

Read more here: https://www.1011vc.com/news/why-we-invested-in-netspi/