Ballistic Ventures seeks $490M for new funds

Cybersecurity VC firm Ballistic Ventures, co-founded by Ted Schlein, is seeking $490M across two new funds—a $360M flagship and a $130M separate vehicle—to capitalize on AI-driven cybersecurity demand.

• CrowdStrike to acquire Fiddler and Dreadnode to expand AI security2026-11-04
• CrowdStrike launches AI kill switch for rogue agents2026-11-04
• CrowdStrike: AI Agents Used to Target 200+ Organizations2026-11-03
• CrowdStrike: Chinese Hackers Used AI Tool ARTEX Against 200+ Groups2026-10-31
• CrowdStrike: AI-fueled cyberattacks on law firms double2026-10-30