Stephen Ward, a former Secret Service agent and CISO, is raising a second fund of approximately $250 million for Brightmind Partners. This follows the success of his first fund, which closed last year and included notable investments such as the identity security startup SGNL, acquired by CrowdStrike for $740 million.
Ward's approach to venture capital is marked by a pragmatic understanding of the cybersecurity landscape, as he aims to invest in early-stage startups while also incorporating AI infrastructure into his strategy for the new fund.