Riot Security Secures $30M to Enhance Cyber Training Platform

Riot Security Secures $30M to Enhance Cyber Training Platform

Riot Security Secures $30 Million in Series B Funding to Enhance Cybersecurity Training

Paris-based cybersecurity startup Riot Security has successfully raised $30 million in Series B funding, significantly boosting its valuation to $170 million. This funding round, led by Left Lane Capital, aims to enhance Riot’s innovative cybersecurity training platform, which specializes in simulating phishing attacks and educating employees on data security.

Founded to tackle the rising threat of cyberattacks, Riot Security employs a unique chatbot named Albert that delivers security guidance and recommendations to users. The platform’s phishing tool utilizes over 400 email templates to effectively assess employee awareness and readiness against cyber threats.

Enhancing Cybersecurity Training Capabilities

With the newly acquired funds, Riot Security plans to:

  • Double its workforce: Expanding its team to enhance product development and support.
  • Open new international offices: Establishing a global presence to serve a wider audience.
  • Advance cybersecurity training tools: Innovating new features and capabilities to stay ahead of cyber threats.

Riot reported over $10 million in annual revenue last year, indicating strong market demand for its services. “Hackers are leveraging the latest innovations in artificial intelligence to create extremely targeted and sophisticated attacks. Our goal with Riot is to protect more than 10 million employees by 2027,” said co-founder and CEO Benjamin Netter.

The Importance of Cybersecurity Training

In today’s digital landscape, effective cybersecurity training is more critical than ever. Organizations must ensure their employees are well-prepared to identify and respond to potential threats. Riot’s platform not only trains employees but also provides ongoing support through its chatbot, Albert, which reinforces learning and keeps security top of mind.

For more insights on cybersecurity training methods, check out this comprehensive guide on employee training strategies.

Conclusion

Riot Security’s recent funding marks a significant step forward in enhancing its cybersecurity training offerings. As cyber threats evolve, so too must the tools and training provided to employees. Stay informed about the latest trends in cybersecurity and share your thoughts on how organizations can improve their security measures.

If you’re interested in more articles about cybersecurity advancements, don’t hesitate to explore our related content!

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