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Twine raised $12M in a seed round co-led by Ten Eleven Ventures and Dell Technologies Capital to develop digital cybersecurity employees.

Nov 20, 20248 months ago

Amount Raised

$12 Million

Round Type

seed

San Francisco

Investors

Founders Of WizDell Technologies CapitalTen Eleven Ventures

Description

Twine, a cybersecurity company, announced $12M in seed funding to accelerate the development of its digital cyber employees. The funding was co-led by Ten Eleven Ventures and Dell Technologies Capital, with participation from angel investors.

Company Information

Company

twine

Location

San Francisco, California, United States

About

Founded by event technology veterans, twine is an early stage, remote first company that provides virtual, hybrid and in person networking solutions for events to remote teams. The company has raised $4.7M in funding, and works with customers such as Microsoft, Amazon, Forrester, and more. Core use cases of twine include speed networking, new employee onboarding, digital watercooler, and buyer / seller interactions.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech