Riot Raises $30 Million in Series B Funding to Revolutionize Employee Cybersecurity
- Editor
- Feb 3
- 2 min read
What's Happening: Riot, an employee-focused cyber-protection software platform, has secured $30 million in Series B funding led by Left Lane Capital. The investment will fuel Riot's product development and international expansion, aiming to protect over 10 million employees by 2027.
The Key Moves:
Riot will use the funding to accelerate international expansion, opening two new offices and doubling its workforce within 12 months.
The company plans to enhance its platform, which integrates with organizations' IT stacks to assess and improve employees' cyber posture.
Riot's cyber companion Albert will provide real-time, actionable recommendations via corporate communication tools like Slack or Microsoft Teams.
By The Numbers :
The Series B round brings Riot's total raised capital to $45 million.
Riot has grown to protect more than 1,500 organizations across all sectors.
The company surpassed $10 million in annual revenue in 2024, representing significant triple-digit growth.
Key Quotes:
"We're in a race against time to develop tools that will protect businesses from these new threats. Our goal with Riot is to protect more than ten million employees by 2027," said Benjamin Netter, Founder and CEO of Riot.
"As AI technology continues to mature, phishing attacks will become more sophisticated, personalized, and harder to detect. Empowering your team with the right tools and knowledge is the best defense against these evolving threats," said Matthew Miller, Partner at Left Lane Capital.
*KQ3*
The Bottom Line: Riot's $30 million Series B funding underscores the growing importance of employee-focused cybersecurity solutions in an era of increasingly sophisticated AI-driven threats. With plans for rapid expansion and product development, Riot aims to become a leader in protecting organizations from cyber attacks by empowering employees as the first line of defense.
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