Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom

Ballistic Ventures, led by Ted Schlein, is seeking to raise $360 million for a new flagship fund and $130 million for a separate investment vehicle, according to reporting by TechCrunch. The firm focuses on cybersecurity investments. The funding target totals $490 million across both funds.

• TechCrunch — Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom

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