Ballistic Ventures files to raise $490M across two new cybersecurity funds
Ballistic Ventures, the cybersecurity-focused VC firm co-founded by Ted Schlein, has filed with the SEC to raise $360 million for its third flagship fund and $130 million for a separate vehicle called Fund B, according to regulatory filings reviewed by TechCrunch. Neither fund had recorded any sales at the time of filing, and the amounts mirror the firm's 2024 fundraise and its earlier Fund A vehicle.