Adrian Johnson
TLDR:
- Ballistic Ventures closes $360 million oversubscribed Fund II to fuel cybersecurity innovation.
- Global cybersecurity market projected to reach $1.5-2 trillion.
Ballistic Ventures has successfully closed its oversubscribed $360 million second fund, reinforcing its commitment to funding and incubating entrepreneurs in the cybersecurity space. With the global cybersecurity market expected to reach $1.5-2 trillion, the firm is well-positioned to support the next generation of cybersecurity innovation.
Led by a team of experienced cybersecurity professionals, Ballistic Ventures has already invested in 18 revolutionary companies, addressing challenges such as safeguarding the use of AI, mitigating disinformation, and securing applications, code, connected devices, data, and identity. The firm’s expertise and track record have earned it recognition as “Investor of the Year” by SC Media.
Ballistic Ventures has also announced the promotion of Agnes So to Chief Financial Officer, highlighting the firm’s commitment to strong financial management and operational excellence. The team’s dedication to supporting entrepreneurs in the cybersecurity space has been praised by founders of portfolio companies, who value the expertise and support provided by the Ballistic team.
With a focus on early-stage cybersecurity companies, Ballistic Ventures continues to nurture its existing portfolio and support new entrepreneurs through its platform, BallisticX. The firm’s extensive experience and network in the cybersecurity industry make it a valuable partner for founders looking to build enduring companies in the cybersecurity space.
