FinanceCybersecurity3 min reading time

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

TechCrunch
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Ballistic Ventures, led by Ted Schlein, is raising $490M across two new funds amid rising AI-driven cybersecurity threats and opportunities. The firm has a strong track record backing startups acquired by major players like Palo Alto Networks and CrowdStrike.

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