Brightmind's Stephen Ward targets $250M for second cybersecurity fund
Ward is targeting roughly $250M for Brightmind's second fund as sole general partner after Gur Talpaz left to start a competing investor, with no start date or committed amount established.
By RuntimeWire Staff · Published
Primary source: TechCrunch
Why it matters
Brightmind's second raise tests whether a solo general partner can turn operator credibility and one fast exit, SGNL's $740M sale to CrowdStrike, into a durable cybersecurity investor while his former co-founder raises a competing fund from the same CrowdStrike network.
Stephen Ward is targeting roughly $250 million for Brightmind Partners, the New York cybersecurity investor Ward co-founded in 2024. Ward is targeting roughly $250 million for Brightmind's second fund; the reporting does not establish when fundraising began or how much has been committed.…
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