Stephen Ward targets $250M for Brightmind's second cybersecurity fund
Stephen Ward is targeting roughly $250M for Brightmind Fund II as sole general partner after Gur Talpaz left to co-found a rival cybersecurity fund.
By RuntimeWire Staff · Published
Primary source: TechCrunch
Why it matters
Ward's solo Fund II raise tests whether one well-timed SGNL exit and a CISO's buyer network can carry a specialist firm after its founding partnership split and its former partners launched a competing fund.
Stephen Ward is raising a second fund of roughly $250 million for Brightmind Partners, the New York cybersecurity firm he started in 2024, and this time he is doing it as the firm's sole general partner. TechCrunch reported on November 5th that Ward is targeting roughly the same size as Brightmind's debut fund.…
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