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Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom
2026-11-03
TechCrunch reports cybersecurity-focused Ballistic Ventures is seeking to raise $360 million for a new flagship fund and another $130 million for a separate investment vehicle, framed around an AI-driven cybersecurity boom.
Significance 2: A routine VC fund-formation announcement; relevant context for the AI-security funding trend but not itself a product or capability development.
financial business Funding / business
Sources
- press Ted Schlein's Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom retrieved 2026-11-04