Ballistic Ventures Targets $490 Million for New Cybersecurity Investment Funds

Ballistic Ventures Targets $490 Million for New Cybersecurity Investment Funds

Ballistic Ventures, the cybersecurity-focused venture capital firm co-founded by industry veteran Ted Schlein, has filed with the Securities and Exchange Commission (SEC) to raise a total of $490 million across two new investment vehicles. The planned capital includes $360 million for the firm’s third flagship fund, Ballistic Ventures Fund III, and an additional $130 million for a separate vehicle designated as Ballistic Ventures Fund B. The fil…

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

Cybersecurity focused Ballistic Ventures is seeking to raise $360 million for a new flagship fund and another $130 million for a separate investment vehicle.

Ted Schlein's Ballistic Ventures seeks $490 million for two new funds

Ballistic Ventures' SEC filings split the raise into a $360 million flagship matching its 2024 fund and a separate $130 million vehicle, Fund B, with neither fund recording sales yet.

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

Cybersecurity focused Ballistic Ventures is seeking to raise $360 million for a new flagship fund and another $130 million for a separate investment… Read more →

Ballistic Ventures Pursues $360 Million Cybersecurity Fundraising Amid Uncertain Capital Commitments

San Francisco-based venture capital firm Ballistic Ventures is seeking to raise as much as $360 million for its third investment fund, Ballistic Ventures III. A regulatory filing submitted to the US Securities and Exchange Commission (SEC) shows that the fund has not raised any capital so far. The filing outlines the fundraising target but does […]