Ballistic Ventures Appoints Former Mandiant EVP and CFO Frank Verdecanna as Strategic Financial Advisor | PR Newswire [Video]

, /PRNewswire/ — Ballistic Ventures, the venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, today announced Frank Verdecanna has joined the firm as Strategic Financial Advisor. Verdecanna most recently served as the Executive Vice President (EVP) and Chief Financial Officer (CFO) of Mandiant, until its $5.4 billion acquisition by Google in 2022.

In his advisory role at Ballistic Ventures, Verdecanna will help the firm’s portfolio companies navigate fundraising and financial strategies, including helping portfolio executives make sure financial models, projections and due diligence materials are investor-ready. His deep financial and cybersecurity expertise will also be used to help portfolio executives drive efficient capital allocation, budgeting, and resource management, as well as provide guidance on burn-rate management and cash-flow optimization.

“In today’s startup environment, robust financial strategies are essential for stability, scalability and success,” said Verdecanna. “I look forward to using my experience to help these portfolio companies fine-tune their strategies …