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Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom
Ballistic Ventures, a cybersecurity-focused investment firm, is raising $360 million for a new flagship fund and $130 million for a separate vehicle, totaling $490 million. The fundraising effort reflects continued investor interest in the cybersecurity sector.
Why it matters: Practitioners should monitor funding trends as they signal which security technologies and startups will receive resources to innovate and scale in the coming years.
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- First seen by Cybersecurity Tracker