Key Takeaways
- • Ballistic Ventures, a US cybersecurity-focused venture capital firm, is seeking to raise up to $490m across two new funds, according to AltAssets.
- • The fundraising comes less than three years after the firm closed its oversubscribed $360m second flagship fund.
- • The targeted raise signals continued institutional appetite for cybersecurity-focused venture strategies.
Summary
US cybersecurity-focused venture capital firm Ballistic Ventures is seeking to raise up to $490m across two new funds, according to AltAssets. The fundraising effort follows the firm's recent close of its second flagship vehicle, which was oversubscribed and totaled $360m. The timing, less than three years after that close, points to continued investor demand for specialist cybersecurity venture exposure.
The full article is behind a premium paywall, so the allocation of the $490m between the two vehicles, fund structures, target investor base, and timing of final closes could not be confirmed from the available text. Readers seeking those details should consult the original AltAssets report.
The full article is behind a premium paywall, so the allocation of the $490m between the two vehicles, fund structures, target investor base, and timing of final closes could not be confirmed from the available text. Readers seeking those details should consult the original AltAssets report.
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