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

**Published:** November 3, 2026
**Author:** Jagmeet Singh
**Source:** TechCrunch — AI
**Language:** en-US
**HTML:** https://aiqazaqstan.com/en/articles/ted-schlein-s-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driven

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

> From the original source: **TechCrunch — AI**
> [Read full article at TechCrunch — AI](https://techcrunch.com/2026/11/03/ted-schleins-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driven-cybersecurity-boom/)

**Tags:** #Microsoft

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