# Ballistic Ventures Targets $490M Funds

> Ballistic Ventures seeks $490m across two AI-driven cybersecurity funds.
- Title: Ballistic Ventures Targets $490M Funds · AI Insider | Shortify
- Summary: Ballistic Ventures seeks $490m across two AI-driven cybersecurity funds. Ballistic Ventures aims to raise $490 million for two new cybersecurity funds as AI…
- Keywords: ballistic ventures, ai-driven platform, cybersecurity, funding round, capital markets, funds, AI Insider
- Source: AI Insider — https://theaiinsider.tech/2026/11/09/ballistic-ventures-targets-490m-across-two-new-funds-as-ai-fuels-cybersecurity-demand
- Author: James Dargan
- Published: 2026-11-09T07:55:41+00:00
- Read time: 1 min
- Topics: ballistic ventures, ai-driven platform, cybersecurity, funding round, capital markets, funds, ai, technology
## Ballistic Ventures Fund Targets
Ballistic Ventures, co-founded by Ted Schlein, seeks $490 million across two new funds.
## Funds Breakdown
The firm aims for $360 million for its third flagship fund and $130 million for Ballistic Ventures Fund B.
## AI Cybersecurity Demand
AI increases cyber threats while creating security startup opportunities, with 72% of U.S. cybersecurity deals now AI-enabled.
## Key takeaway

Ballistic Ventures aims to raise $490 million for two new cybersecurity funds as AI increases cyber threats and security startup opportunities.