Passcode Venture capitalist Ted Schlein anoints the next hot cybersecurity startups

Schlein talks about his latest investments, some of the myths about cybersecurity, and what it will take for the new crop of security startups to keep up with sophisticated hackers. 

By , Correspondant

KPCB

Behind most tech startups is a team of investors. Behind many of the cybersecurity startups that have grown into behemoths is Ted Schlein. A longtime partner at Silicon Valley’s Kleiner Perkins Caufield & Byers, Schlein spearheaded investments in LifeLock, Bit9, and Mandiant, which was recently snapped up in a billion-dollar acquisition by FireEye. He also sits on the board of In-Q-Tel, a nonprofit investment firm that funds technology to support the Central Intelligence Agency's mission. Passcode spoke to Schlein about trends in cyber defense’s growing industry. Edited excerpts follow.