TLDR:
- Ballistic Ventures, a San Francisco-based venture capital firm, has closed its second fund at $360m.
- The fund will be used to support early-stage cybersecurity and cyber-related companies.
Ballistic Ventures, a venture capital firm based in San Francisco, has successfully closed its second fund at $360 million. The firm, led by Founding Partners Kevin Mandia, Barmak Meftah, Ted Schlein, Jake Seid, and Roger Thornton, focuses on early-stage cybersecurity and cyber-related companies. The fund will be used to continue exclusively funding and incubating entrepreneurs and innovations in the cybersecurity sector.
Ballistic Ventures is dedicated to shaping the future of cybersecurity by supporting innovative companies in the industry. The firm also provides additional support to its portfolio companies through BallisticX, a platform offering services, support, and an advisory network for founders and their teams.
For more information on the latest tech venture capital news, readers can visit VCWire.tech, a new website dedicated to the industry. Ballistic Ventures’ successful closing of Fund II underscores the continued interest and investment opportunities in the cybersecurity sector, highlighting the importance of innovative solutions in addressing digital threats.
