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Startups & Venture·November 3, 2026·1 min read

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

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A $490M raise target for Ballistic Ventures focused on AI‑driven cybersecurity means the arms race is fully capitalized. CISOs should expect faster product cycles, more point solutions, and rising pressure to adopt AI‑native defenses just to keep baseline parity.