Investment Firm Seeks $490 Million for Two Online Security Funds

Ballistic Ventures, an investment firm backing companies that protect computers from hackers, is seeking $490 million for two funds. TechCrunch reported this on November 3, 2026, citing U.S. regulatory filings. The total includes $360 million for its third fund and $130 million for a smaller fund, Ballistic Ventures Fund B. Neither had raised money when filed. Ballistic declined to comment.