USA – Ballistic Ventures, a San Francisco, CA-based new venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, launched its maiden fund that’s expected to close at $300 million.
Ballistic is a new model of venture firm in the cybersecurity space – a group of “founders backing founders.” The partners of Ballistic Ventures include General Partners Barmak Meftah, Ted Schlein, Jake Seid, Roger Thornton, Incubation Partner Derek Smith and Strategic Partner Kevin Mandia. Michelle Kincaid joins the firm as vice president of marketing and platforms, and Agnes So will serve as vice president of finance and operations.Every partner has a long record of founding, leading and funding startups, and growing ideas into multibillion dollar enterprises. Combined, they have founded, operated or funded more than 90 cybersecurity firms; led more than 10,000 security professionals globally; and funded or operated companies totaling over $100 billion in value. The fund is already being deployed in early-stage funding rounds for cybersecurity innovators including 17/05/2022
