Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom
Summary
Ballistic Ventures is currently working to raise a combined $490 million across two separate investment vehicles. The cybersecurity-focused firm plans to allocate $360 million toward a new flagship fund, with the remaining capital directed into another 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.
Source: Read the full story at TechCrunch
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