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Phil Venables joins Ballistic Ventures

Monday, April 28, 2025
Opalesque Industry Update - Ballistic Ventures, the venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, is pleased to announce that Phil Venables, the renowned cybersecurity leader and former Chief Information Security Officer (CISO) of Google Cloud, has joined the firm as a Venture Partner. Venables brings decades of experience in building and advising cybersecurity and risk management programs across some of the world's most influential companies and government bodies.

With a distinguished career spanning leadership roles at Google Cloud, Goldman Sachs, and Deutsche Bank, Venables has played a pivotal role in shaping the cybersecurity landscape. His deep experience in both the private and public sectors, including serving on the President's Council of Advisors on Science and Technology (PCAST), makes him an invaluable addition to the Ballistic team.

"We have known and worked with Phil for years, and he was our first call to be a trusted advisor when assembling Ballistic," said Ted Schlein, Co-founder and General Partner at Ballistic Ventures. "Phil's unparalleled expertise in securing critical systems, advising governments, and building resilient cybersecurity programs has already been tremendously valuable to us, and we're pleased to have him join us in an even greater capacity as Venture Partner. His insights will also help guide our portfolio companies as they tackle the ever-evolving security threats of today and tomorrow."

Venables' contributions to the cybersecurity industry are extensive. He helped found the Center for Internet Security (CIS) and served on its board from 2014 until 2020, and he currently serves on multiple boards and committees, including for MITRE's Science and Technology Advisory Committee, HackerOne, Interos, Ballistic portfolio company Veza, and he is Strategic Security Advisor at Google Cloud. He has also been a leader in financial-sector cybersecurity, having co-chaired the board of Sheltered Harbor, which protects the financial system if a catastrophic event such as a cyberattack causes critical systems to fail, and he has led numerous industry-wide initiatives to enhance resilience against cyber threats.

"After being a CISO for 30 years across some of the world's largest organizations, I'm excited to take on a new challenge that allows me to help shape the future of cybersecurity in a different way," said Venables. "Ballistic's exceptional team and dedicated focus on shaping and scaling the next generation of cybersecurity solutions align deeply with my passion for fostering security innovation and resilience across industries. I look forward to working alongside founders and teams tackling the most pressing security challenges of our time."

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