Ballistic Ventures

Ballistic Ventures Ballistic Ventures launched in 2021 as a cybersecurity-exclusive VC and has quickly scaled to $600M across Fund I ($300M, 2022) and Fund II ($300M, 2024), with an additional $100M being raised in 2025. The partnership is remarkable: Ted Schlein brings 25 years at Kleiner Perkins and 35+ years in cybersecurity, Kevin Mandia founded Mandiant (the world's most prominent cyber incident response firm), and Barmak Meftah rounds out the team. With 59 portfolio startups and a standout