Ballistic Ventures targets $490M for AI cybersecurity investments
Original headline: Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom
Ballistic Ventures, a venture capital firm focused on cybersecurity, announced plans to raise $360 million for a new flagship fund and an additional $130 million for a separate investment vehicle, citing the surge in AI‑driven security demand.
The large fund raise reflects rapid growth in AI‑powered cybersecurity market, reshaping venture capital flows.
Research angleHow does the establishment of AI‑focused cybersecurity venture funds affect startup innovation outcomes? — Diffusion of Innovations theory
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