Ballistic Ventures Seeks $490M for New Funds Amid AI-Driven Cybersecurity Boom
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Updated 12m agoConsensus Brief
Ballistic Ventures, a cybersecurity-focused venture capital firm co-founded by Ted Schlein, is seeking to raise $490 million across two new funds. The firm aims to raise $360 million for its third flagship fund and $130 million for a separate vehicle called Ballistic Ventures Fund B, as the use of AI in cybersecurity raises both concerns and opportunities.
What Changed Since Last Update
12m ago
New corroborating source added: TechCrunch published an update on Tue, 03 No ("Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom").
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3 claims tracked across sources
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