Riot Secures $30M to Tackle AI-Powered Cyber Threats with Innovative Employee Security Solutions
Riot, a leading cybersecurity company specializing in employee security solutions, has successfully secured $30 million in a Series B funding round. This significant investment is expected to accelerate the company’s growth trajectory and enhance its cybersecurity offerings.
Funding Details and Growth Trajectory
The recent funding round was spearheaded by Left Lane Capital, with contributions from established investors such as Y Combinator, Base10, and FundersClub. This investment comes at a time when Riot is experiencing remarkable growth, having surpassed $10 million in annual revenue in 2024, showcasing a remarkable triple-digit expansion.
Riot’s Unique Cybersecurity Solutions
Founded five years ago, Riot has developed a real-time employee cybersecurity monitoring platform that assists organizations in strengthening their security posture. The platform identifies vulnerabilities, such as:
- Weak passwords
- Unsafe file permissions
To address these issues, Riot offers interactive coaching to employees, guiding them through the resolution process.
Introducing Albert: The Cyber Coach
Riot’s innovative cyber coach, Albert, provides practical security insights via popular workplace tools like Slack, Microsoft Teams, Google Chat, and email. Currently, Riot serves over 1,500 organizations, including notable clients such as Mistral AI, Modern Treasury, and L’Occitane.
Future Plans and Expansion Goals
The newly acquired funding will significantly bolster Riot’s plans to:
- Accelerate international expansion
- Double its workforce
- Introduce new security features
Among the upcoming features is an aggregated security dashboard that will enhance protections against:
- Data breaches
- Infostealers
- Social engineering attacks
Additionally, Riot plans to expand its awareness training program and improve attack simulations to better prepare organizations against potential threats.
For more information on cybersecurity trends and best practices, visit Cybersecurity.gov for resources and guidance.
