Venture capital firm Ballistic Ventures has recently closed an oversubscribed $360 million fund dedicated to supporting and nurturing entrepreneurs and innovations in the cybersecurity sector. Led by notable figures like Kevin Mandia, Barmak Meftah, and Ted Schlein, the team boasts extensive experience, having collectively founded or funded over 100 cybersecurity companies. Over the past two years, since the firm’s inception and the closing of its initial $300 million fund, Ballistic Ventures has invested in 18 companies addressing various cybersecurity challenges, including AI protection, disinformation mitigation, and securing applications, data, and identity.
The newly established $360 million Fund II for Ballistic Ventures marks a continued commitment to advancing cybersecurity solutions in response to the rapidly evolving technological landscape and the increasing significance of cybersecurity in various sectors. General Partner Ted Schlein emphasized the critical role cybersecurity plays in the current global context, particularly amidst ongoing conflicts and geopolitical uncertainties. The firm aims to collaborate with visionary entrepreneurs who share their dedication to addressing cyber threats and who seek to partner with Ballistic Ventures in this vital mission.
Ballistic Ventures’ portfolio encompasses a diverse range of cybersecurity startups, including Aembit, Alethea, and SpecterOps, among others. These companies are actively engaged in developing innovative solutions to safeguard digital assets, combat emerging threats, and enhance cybersecurity resilience across different domains. The firm’s investment strategy prioritizes supporting ventures that demonstrate strong potential for addressing cybersecurity challenges head-on and making a meaningful impact in the evolving cybersecurity landscape. Through strategic partnerships and investments, Ballistic Ventures aims to contribute to a more secure digital ecosystem globally.
