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

TechCrunch AI Jagmeet Singh November 3, 2026
Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom
AI Summary— plain English for professionals

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

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

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