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Ballistic Ventures targets $490 million as AI reshapes cybersecurity investing
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TechCrunch reports that cybersecurity investor Ballistic Ventures is targeting $490 million across two new funds, with no sales recorded at filing.
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TechCrunch reported on November 3 that Ballistic Ventures sought $360 million for its third flagship fund and $130 million for a vehicle called Fund B, citing U.S. regulatory filings. The reported figures are fundraising targets, not completed raises. The firm declined to comment to the publication.