TechCrunch co-founded Ballistic Risk through what he learned from regulatory documents by Ted Schlein, a venture capital firm known for years by Kleiner Perkins.
This week, San Francisco-based VC company Filed With the SEC raising new funds in more than a year since closing its second fund, the scale was $360 million.
The ballistic race was established in late 2021 with the goal of cybersecurity startups. exist Earlier interviewsSchlein (as shown above, from left to right) told TechCrunch that the ballistic crew’s years of experience was very mastered. They occupy board seats, help recruit and attract top 10 clients, and talk to their portfolio founders “many times a week.” Schlein said the team brought a large network of contacts to its portfolio companies.
Along with Schlein, the company has four other general partners: Kevin Mandia, Barmak Meftah, Jake Seid and Roger Thornton. Last year, it Appointed former USPS Ciso Gregory Crabb As stationed Ciso, he filled the position of David Hahn, who was promoted to the CISO operation partner of the ballistics.
So far, Ballistic has invested in 59 startups. Every crunchbase, with Getreal Lab’s $17.5 million Series A Latest rounds – announced last week. The company also exports six.
Cybersecurity risk funds rose 43% year-on-year to $11.6 billion in 2024, closing 639, compared with $821 in 2023 Report By Crunchbase News.
Ballistics refused to comment on fundraisers.
