Riot, a NYC-based provider of an employee-focused cyber-protection software platform, raised $30M in Series B funding.
The round, which brought the total amount to $45M, was led by Left Lane Capital, with participation from existing investors Y Combinator, Base10, and FundersClub.
The company intends to use the funds to accelerate its product development and international expansion.
Founded by CEO Benjamin Netter and CTO Louis Cibot, Riot is a provider of a real-time employee cybersecurity monitoring solution. Its platform enables cybersecurity teams in companies of all sizes to assess and improve the cyber posture of their employees, making them the first line of defense against hackers.
By integrating with an organization’s IT stack, Riot will assess employees’ cyber posture, detecting potential vulnerabilities — such as the lack of strong authentication on certain services, and will proactively guide employees in resolving these weaknesses. To do this, Riot will leverage its cyber companion Albert, which will share actionable recommendations in real time via corporate communication tools such as Slack or Microsoft Teams.
Since being founded in 2020, Riot has grown to protect more than 1,500 organizations across all sectors, including technology leaders like Mistral AI, Y Combinator, and Modern Treasury, as well as established enterprises such as L’Occitane, Deel, Intercom, and French newspaper Le Monde. The company has also surpassed $10 million in annual revenue in 2024.
FinSMEs
03/02/2025