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Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid
Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom
TL;DRCybersecurity VC firm Ballistic Ventures is raising $490M across two new funds.
Why it matters: Signals major investor confidence in AI-powered security startups amid rising cyber threats.
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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