# Ballistic Ventures seeks $490 million across two new funds

_Published Tuesday, November 3, 2026 at 6:06 PM EST · Capital, Security · Latest · Tier 2 — Notable_

![Ballistic Ventures seeks $490 million across two new funds — Primary](https://techcrunch.com/wp-content/uploads/2025/04/Ballistic-Ventures-GP-team.jpg?resize=1200,801)

Cybersecurity investor Ballistic Ventures is seeking $490 million across two new funds, TechCrunch reported, citing regulatory filings. The firm filed with the U.S. Securities and Exchange Commission this week to raise $360 million for its third flagship fund and $130 million for Ballistic Ventures Fund B.

The flagship target matches the firm's previous fund, raised in 2024. Neither new fund had recorded any sales at the time of filing. Ballistic declined to comment on its fundraising plans.

## Sources

- [Venture Capital News | TechCrunch](https://techcrunch.com/2026/11/03/ted-schleins-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driven-cybersecurity-boom/)

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Canonical: https://techandbusiness.org/newswire/ZA3QjKpkBB7tgxfajcFPkN
Published: 2026-11-03T23:06:53.826Z
Story chronology: 2026-11-03T21:43:08.000Z
Retrieved: 2026-11-04T03:14:57.625Z
Publisher: Tech & Business (techandbusiness.org)