Cybersecurity focused Ballistic Ventures is seeking to raise $360 million for a new flagship fund and another $130 million for a separate investment vehicle.
Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom
About this summary. This is a short excerpt from the description that TechCrunch published with its article. Cyber Security News did not report or verify the underlying story. Read the original: https://techcrunch.com/2026/11/03/ted-schleins-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driven-cybersecurity-boom/
Source attribution: headline and facts are from TechCrunch (techcrunch.com). Summary method: excerpt of the source description. See our source attribution policy.
Related coverage
How to Turn AI Red Team Findings Into Runtime Controls
How AI red teaming, runtime guardrails, & continuous adversarial testing work together to identify vulnerabilities and protect your AI applications and agents.
WorkOS says attacker used ARTEX AI to breach internal sales app
Developer platform WorkOS suffered a data breach after a threat actor accessed business contact records and summaries of customer communications.
A Defense Contractor Gave Their Personal AI Agent Access to a Secure Pentagon System
Vittoria Elliott reports: Earlier this year, sources tell WIRED, a contractor caused a security incident at the Department of Defense by connecting a secure centralized…
Google: LLMjacking attacks rack up $1 million in cloud AI charges
Large language model hijacking attacks, also known as LLMjacking, are generating large fraudulent cloud charges, with some organizations losing more than $100,000 per…
Chainstack Reports Production Systems Breach Exposing Customer Data and Password Hashes
Blockchain infrastructure provider Chainstack on Tuesday disclosed that it was targeted in a cyber attack that allowed an unauthorized party to gain access to some parts…
CrowdStrike to shell out nearly $500M for 2 AI security startups as the market for securing agents takes off
CrowdStrike said it will buy Fiddler AI, which makes AI agent observability software, and Dreadnode, which helps companies automate AI security testing.