Ballistic Ventures, the cybersecurity-focused fund backed by Ted Schlein, is seeking to raise $360 million for a new flagship fund and an additional $130 million for a separate investment vehicle, capitalizing on the AI-driven cybersecurity boom.
Background
Ballistic Ventures is a cybersecurity-focused venture fund founded with support from former PayPal CEO Ted Schlein, positioning itself as a pure-play cybersecurity investor amid growing AI-related security threats.
- Source
- TechCrunch
- Published
- Nov 4, 2026 at 05:43 AM
- Score
- 5.0 / 10