Riot, a cybersecurity platform focused on protecting employees from AI-driven cyber threats, has raised $30 million in Series B funding led by Left Lane Capital. The round, which brings Riot’s total funding to $45 million, also saw participation from Y Combinator, Base10, and FundersClub. The investment will drive product innovation and international expansion, positioning Riot as a key player in next-generation cyber defense.
Fighting AI-Powered Cyber Threats
As generative AI enhances hacker capabilities, phishing attacks have surged by 1,265% in the past two years, making employees more vulnerable than ever. “Hackers are using AI to create highly targeted attacks, making even the most cautious employees susceptible,” said Benjamin Netter, Founder & CEO of Riot. “We’re racing to develop tools that will secure over 10 million employees by 2027.”
AI-Powered Employee Cyber Protection
Unlike traditional cyber awareness training, Riot’s platform integrates directly into an organization’s IT infrastructure, actively scanning for vulnerabilities such as weak authentication methods. Riot’s AI assistant, Albert, provides real-time security recommendations via Slack and Microsoft Teams, proactively guiding employees to fix security gaps before hackers exploit them.
Backing from Industry Leaders
“As AI-driven phishing attacks become more sophisticated, businesses need smarter defenses,” said Matthew Miller, Partner at Left Lane Capital. “Riot empowers employees with real-time protection, making it an essential layer of cybersecurity.”
Rapid Growth and Global Expansion
Since its launch in 2020, Riot has grown to secure over 1,500 organizations, including tech leaders Mistral AI, Y Combinator, and Modern Treasury, alongside major enterprises like L’Occitane, Deel, and Le Monde. The company surpassed $10 million in annual revenue in 2024, achieving another year of triple-digit growth.
With the new funding, Riot plans to expand globally, open two new offices, and double its workforce within a year, further scaling its mission to fortify businesses against the evolving cyber threat landscape.
