Ted Schlein's 2-year-old Ballistic Ventures, covered by TechCrunch, has successfully raised a second fund of $360 million, surpassing its $300 million target, largely due to the successful exit of Talon Security, which was acquired by Palo Alto Networks for $625 million. This fundraising achievement comes amid a backdrop of significant activity in the cybersecurity sector, including two major acquisitions: Wiz's purchase of Gem Security for $350 million and Zscaler's acquisition of Avalor for $310 million. Both deals represent substantial returns, with acquisition prices being 10 times the amount raised by the early-stage startups. Additionally, the cybersecurity market has seen a notable trend of early-stage Israeli startups being acquired at high valuations, as evidenced by 14 major acquisitions in the last year, 13 of which involved Israeli startups, in the $250M-$350M range.