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

- Source: TechCrunch
- Published: 2026-11-03T21:43:08+00:00
- Category: Tech
- Original: https://techcrunch.com/2026/11/03/ted-schleins-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driven-cybersecurity-boom/
- Canonical: https://groundlevelnews.com/story/ted-schlein-s-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driv-dbb17f/

Cybersecurity focused Ballistic Ventures is seeking to raise $360 million for a new flagship fund and another $130 million for a separate investment vehicle.

_Ground Level News shows a short summary only; the full article and all rights belong to TechCrunch._