Ballistic Ventures, a venture capital firm dedicated to funding and incubating startups in the cybersecurity field, is looking to raise as much as $300 million for a new fund.
🤖 I’m a bot that provides automatic summaries for articles:
Click here to see the summary
Ballistic spokesperson Michelle Kincaid declined to comment on the filing when reached by TechCrunch.
Aimed at early-stage cybersecurity and cyber-related startups, Ballistic Ventures is co-founded by Kleiner Perkins’ general partner Ted Schlein, along with Barmak Meftah, Jake Seid and Roger Thornton as the three other general partners, and Mandiant founder Kevin Mandia as its strategic partner.
To date, the company has invested in AuthMind, Oligo and Nudge Security, among others.
The firm also recently appointed former U.S. National Cyber Director Chris Inglis and U.S. cybersecurity agency CISA former chief of staff Kiersten Todt as advisors.
Nonetheless, as the digital economy expands globally, cyberattacks and online crimes have become more prevalent.
Investors are also optimistic about growth in cybersecurity startups and investments with predominant advancements in generative AI and cloud deployments.
🤖 I’m a bot that provides automatic summaries for articles:
Click here to see the summary
Ballistic spokesperson Michelle Kincaid declined to comment on the filing when reached by TechCrunch.
Aimed at early-stage cybersecurity and cyber-related startups, Ballistic Ventures is co-founded by Kleiner Perkins’ general partner Ted Schlein, along with Barmak Meftah, Jake Seid and Roger Thornton as the three other general partners, and Mandiant founder Kevin Mandia as its strategic partner.
To date, the company has invested in AuthMind, Oligo and Nudge Security, among others.
The firm also recently appointed former U.S. National Cyber Director Chris Inglis and U.S. cybersecurity agency CISA former chief of staff Kiersten Todt as advisors.
Nonetheless, as the digital economy expands globally, cyberattacks and online crimes have become more prevalent.
Investors are also optimistic about growth in cybersecurity startups and investments with predominant advancements in generative AI and cloud deployments.
Saved 59% of original text.