---
title: "Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom"
type: signal
url: https://frontiernewswire.com/s/ted-schlein-8217-s-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-ee7fb6b3
published: 2026-11-03T21:43:08.000Z
byline: "Source: TechCrunch AI"
---

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

Source: TechCrunch AI · Published 2026-11-03 · Canonical: https://frontiernewswire.com/s/ted-schlein-8217-s-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-ee7fb6b3

Cybersecurity-focused Ballistic Ventures is seeking to raise $360 million for a new flagship fund and another $130 million for a separate investment vehicle.

In this story: [Cybersecurity](https://frontiernewswire.com/topics/cybersecurity)

## Sources

- [Read the original at TechCrunch AI](https://techcrunch.com/2026/11/03/ted-schleins-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driven-cybersecurity-boom)

## On Bluesky

- [TheHourlyShift (@zimba7768.bsky.social)](https://bsky.app/profile/zimba7768.bsky.social/post/3mzgtlma3552e) (Nov 3, 2026 · 1 like): Riding the AI cybersecurity wave, Ballistic Ventures is raising $490M for new investment funds. Read full article

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