Industry·
Ballistic Ventures Targets $490M for New AI‑Driven Cybersecurity Funds
The cybersecurity‑focused VC firm co‑founded by Ted Schlein is raising two funds totaling $490 million as AI‑powered threats and defenses reshape the market.

Ballistic Ventures, the San Francisco‑based venture capital firm co‑founded by former Kleiner Perkins partner Ted Schlein, has filed to raise $360 million for its third flagship fund and $130 million for a new vehicle called Fund B.
The move comes as AI‑enabled cyberattacks grow more sophisticated, driving demand for startups that can detect and respond at machine speed.
Why it matters for GPU and AI infrastructure
AI‑centric security tools rely on massive parallel compute for model training and real‑time inference, creating a steady pipeline of workloads for GPU clouds like AiGpu.
With 72 % of U.S. cybersecurity venture deals now involving AI, the fundraising signals sustained capital flow into the hardware layer that powers these defenses.
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- cybersecurity
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By AiGpu Editorial · Editorial rewrite based on public reporting (TechCrunch AI)
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