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

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

What happened

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

Why it matters

The development may change operating conditions or market expectations around AI. Further confirmation and measurable outcomes matter.

Affected entities

View evidence

1 reports · 1 original report · 1 independent

  1. TechCrunch AIPrimary source · Supports · EN · 100%
    Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom ↗

Claims

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

Conflicts

No material conflict detected in the available evidence.

Timeline

  1. First reported

Market move following event

Market reaction is not yet available for this asset and time window.

Score explanation

Confidence · formula confidence-2.1.0
Source trust82
Independent corroboration51
Primary evidence35
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude45
Market relevance74
Entity significance42
Market breadth45
Novelty68
Urgency54
capital magnitude100
Ranking · formula rank-1.0.0
Confidence factor0.8425
Freshness factor0.9823
Breaking bonus0
Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom | IntelCap