Ballistic Ventures’ Post

I’m thrilled to announce I’ll be taking on an expanded Venture Partner role with the dream team at Ballistic Ventures. I will continue to lead my own independent fund, Silver Buckshot Ventures, but it became clear there were synergies in mission, and my eagerness to invest in, and heavy lift for, some *really* exciting, game-changing incubations and solutions in their portfolio, that we were all looking at one of those rare 1+1=10 scenarios that come about once, maybe twice, in your career. In advising Ballistic’s portfolio companies in the fund’s early days, it became clear to me this was not just another cyber fund. Ballistic’s partners share my mission: To scour the earth in search of the visionaries and talent primed to take on the most complex threat landscape of our lifetimes. We have reached the critical inflection point: The world is being automated in ways we haven’t even bothered to understand. Almost everything we do now, at some level, requires computers. My car, my phone, even the tap water I drink came through Hetch Hetchy’s digitized infrastructure and treatment facilities. We’re not just securing “computers” anymore. We are securing our way of life. What could be more important than that? When you find kindred spirits who share your mission, you do everything you can to find ways to work together. You can read more about my work with Ballistic’s firm and portfolio companies here: https://lnkd.in/gPX6YRx8 Cc: Ted Schlein Kevin Mandia Barmak Meftah Jake Seid Roger Thornton David Hahn Michelle L. Kincaid Agnes So Isabel Aguirre Caroline S. Katie A. Glenn Lisa McDonald #cybersecurity #venturecapital #careers

Merlin Ventures Appoints Andrew Smeaton as CISO-in-Residence - PR Newswire: Merlin Ventures Appoints Andrew Smeaton as CISO-in-Residence  PR Newswire #CyberSecurity #InfoSec #SecurityInsights

Following his appointment to Partner, Justin Somaini sat down with VCWire tech for an exclusive interview to share insights on his #cybersecurity journey, YL Ventures' strategy and our unique support model. Discover his thoughts on the future of #security technology and what he’s looking for in a cybersecurity founder, here: https://hubs.la/Q02klHdR0

Israeli cyber start-up in talks to raise funds valuing it at over $10bn - Financial Times: Israeli cyber start-up in talks to raise funds valuing it at over $10bn  Financial Times #CyberSecurity #InfoSec #SecurityInsights

Breaking down the numbers: Cybersecurity funding activity recap: Here’s a list of interesting cybersecurity companies that received funding so far in 2024. Aim Security January | $10 million Aim Security raised $10 million in seed funding, led by YL Ventures, with participation from CCL (Cyber Club London), the founders of WIZ and angel investors from Google, Proofpoint and Palo Alto Networks. Aim Security was founded by cybersecurity veterans Matan Getz, CEO and Adir Gruss, CTO who pioneered the use and adoption of AI … More → The post Breaking down the numbers: Cybersecurity funding activity recap appeared first on Help Net Security. @Poseidon-US #HelpNetSecurity #Cybersecurity

It's impossible for companies to ignore cyber vulnerabilities today with the news of recent ransomware attacks and brand-jacking schemes costing companies hundreds of millions of dollars. Benjamin Nye was recently interviewed on the growth of cybersecurity funding in the Venture Capital Industry, despite the decline in global investments. https://lnkd.in/eUv6sWBv. Case in point, all five of Venture Guides initial core positions help customers combat cybersecurity and governance threat; Memcyco ( prevents Brandjacking), Elastio (Cloud data resilience detects ransomware with the only deep file inspection), Tromzo (ASPM), ElastiFlow™ (combines NPM with cybersecurity), and env0 (leveraging IaC and OpenTofu to prevent cybersecurity vulnerabilities).

Breaking down the numbers: Cybersecurity funding activity recap: Here’s a list of interesting cybersecurity companies that received funding so far in 2024. Aim Security January | $10 million Aim Security raised $10 million in seed funding, led by YL Ventures, with participation from CCL (Cyber Club London), the founders of WIZ and angel investors from Google, Proofpoint and Palo Alto Networks. Aim Security was founded by cybersecurity veterans Matan Getz, CEO and Adir Gruss, CTO who pioneered the use and adoption of AI … More → The post Breaking down the numbers: Cybersecurity funding activity recap appeared first on Help Net Security. #HelpNetSecurity #Cybersecurity

It is exciting to learn about Ballistic Ventures’ newest round that will “exclusively fund and incubate entrepreneurs and innovations” in #cybersecurity.   This news is testament to the strength and resilience of the industry and the visionary leaders who are leveraging technology to address evolving cyber challenges head on!   #executivesearch #executiverecruiting 

Pretty incredible story emerging wrt compensating CISO's for "product feedback". I know several people listed on their website personally, and each of them operates with incredibly high integrity, but it can be a slippery slope. Per the article, it sounds like a few slipped quickly down that slope and made questionable product purchases in exchange for earning "compensation credits" "The first sales come from the loyal CISOs who work with the fund." "I recruited a new CISO for a financial organization that I managed out of a desire to refresh the cyber defense system. I gave him a free hand because I trusted him and I see this position as a position of trust. Six months later, I noticed that, surprisingly, almost all of the new logos that the CISO introduced were portfolio companies of Cyberstarts," "After I confronted the CISO on the subject, he admitted that he is on the list of advisers of Cyberstarts and receives a percentage of the funds from them. Shortly after this, he left the company " "upon the appointment of a new CISO, I asked him to inform me if he was contacted by Cyberstarts. Within a few weeks, he had already received an email from them with a description of their kind of 'loyalty program' that details exactly what he will receive the more he works with the fund." https://lnkd.in/ga7VsAfu #infosec #cybersecurity

Have you explored our #CyberMap yet? CyberMap is the first interactive, live map of Israel’s #cybersecurity #startup landscape. Explore the industry in depth with our filtering tools based on over 30 cyber categories and funding ranges. Check out Israel’s diverse cybersecurity ecosystem here >> https://hubs.la/Q01HrqHW0