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Ballistic Ventures

2 GoKawiil briefs on this topic

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.

Amazon names Mandiant founder Kevin Mandia to its board of directors

Amazon announced that Kevin Mandia, who founded Mandiant and sold it to Google for $5.4 billion, will join its board. Mandia left Google in 2024 and has since started an AI-driven vulnerability-detection company called Armadin while remaining a general partner at Ballistic Ventures. As part of the appointment, he received roughly $1 million in stock that vests starting in 2027.