Ballistic Ventures files for $490M across two cybersecurity funds
Ballistic Ventures is seeking $360M for Fund III and $130M for Fund B. Both SEC filings report $0 sold and a first sale yet to occur.
By RuntimeWire Staff · Published
Primary source: TechCrunch
Why it matters
Ballistic is seeking a third flagship at the same $360M size as Fund II, plus a $130M Fund B with no mandate disclosed in the filings. For founders and limited partners, the documented facts are the targets and the $0 sold at filing; Fund B's purpose and any closing timetable remain undisclosed.
Ted Schlein's Ballistic Ventures is seeking $490 million for two new cybersecurity funds. TechCrunch reported on November 3rd that Ballistic filed with the U.S. Securities and Exchange Commission this week to raise $360 million for Ballistic Ventures III and $130 million for Ballistic Ventures Fund B.…
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