TECH NEWS

Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom

Ballistic Ventures, the cybersecurity-focused venture capital firm co-founded by former Kleiner Perkins partner Ted Schlein (pictured above, second from the right), is seeking to raise $490 million across two new funds, TechCrunch has learned through regulatory filings.

The San Francisco-based VC firm filed with the U.S. Securities and Exchange Commission this week to raise $360 million for its third flagship fund, matching the size of its previous fund raised in 2024, and another $130 million for a separate vehicle called Ballistic Ventures Fund B. Neither fund had recorded any sales at the time of filing.

The fundraising plans come as the growing use of artificial intelligence has raised concerns about more sophisticated cyberattacks. The rise of AI agents has also created new opportunities for cybersecurity startups and the venture capital firms backing them.

Founded in late 2021, Ballistic Ventures’ founding team includes Schlein, former AT&T Cybersecurity president Barmak Meftah and...

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Election security center reports limited threats as voting glitches fuel fraud claims

Ryan MURPHY / AFP via Getty Images ByDavid DiMolfetta, Cybersecurity Reporter, Nextgov/FCW November 3, 2026 05:17 PM ET A bomb threat briefly forced voting outdoors at an Ohio polling place. In New York and Florida, equipment problems prompted unfounded claims that Democrats were interfering with the vote. * Election Security

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Xbox Nano Controller Review: This Cute, Portable Controller Presses Most of the Right Buttons - CNET

Jeffrey Hazelwood/CNET Pros & Cons * Extremely portable * Rechargeable battery * Great option for folks with smaller hands * Can get uncomfortable after extended gaming * No additional accessories at this time * Look elsewhere if you have large hands As soon as Microsoft announced its $50 Xbox Nano Controller, the adorable little device

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Valve is making changes to deal with a ‘significant increase’ in Steam game submissions

Jay Peters is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. In a new post today, Valve acknowledged that it’s seen “a significant increase in submissions for store and page review in recent months” and says it’

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Sonos adds new Presets and prepares for the 27voice AI beta

Emma Roth is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Sonos is rolling out a big app update that includes new Presets and early access to its AI voice assistant. You can

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Election security center reports limited threats as voting glitches fuel fraud claims

Xbox Nano Controller Review: This Cute, Portable Controller Presses Most of the Right Buttons - CNET

Valve is making changes to deal with a ‘significant increase’ in Steam game submissions

Sonos adds new Presets and prepares for the 27voice AI beta