What is 11:11 Systems?
Headquartered in Fairfield, New Jersey, 11:11 Systems operates as a comprehensive managed infrastructure and cloud technology provider. The company specializes in a multi-faceted service portfolio that includes cybersecurity, connectivity, cloud infrastructure, and disaster recovery. By consolidating these critical IT functions into a single, unified platform, the organization enables enterprises to modernize their technology stacks and enhance operational resilience.
Founded by industry veteran Brett Diamond in collaboration with Tiger Infrastructure Partners, the company has utilized a strategic acquisition-led growth model to expand its footprint. Its market position is defined by its ability to address the intersection of digital transformation and infrastructure management, serving as a vital partner for organizations seeking to secure and optimize their mission-critical data environments.
How much funding has 11:11 Systems raised?
11:11 Systems has raised a total of $72M across 1 funding round:
Debt
$72M
Debt (2022): $72M with participation from Fifth Third Bank
Key Investors in 11:11 Systems
Fifth Third Bank
Fifth Third Bancorp is a diversified financial services company that provides comprehensive commercial banking, wealth management, and capital market solutions to institutional and corporate clients.
Tiger Infrastructure Partners
An innovative private equity firm focused on providing transformational growth capital to middle-market infrastructure companies.
Undisclosed Institutional Partner
A strategic institutional investor participating in the latest round to support the company's ongoing infrastructure expansion and service integration.
What's next for 11:11 Systems?
Looking ahead, 11:11 Systems is expected to leverage its recent capital infusion to further integrate its global infrastructure platform and pursue additional strategic acquisitions. As enterprise demand for secure, high-availability cloud services continues to accelerate, the company is poised to deepen its investment in advanced cybersecurity protocols and network connectivity enhancements.
The firm's roadmap likely involves scaling its international presence and refining its managed services offerings to meet the evolving requirements of digital-first enterprises. By focusing on operational excellence and platform scalability, 11:11 Systems aims to maintain its trajectory as a leading provider of integrated infrastructure solutions, ensuring that its clients remain resilient against the backdrop of an increasingly complex and threat-prone technological environment.