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đź“ť Riot Raises $30M
News of the Day
French cybersecurity startup Riot has raised a $30 million Series B at a valuation above $170 million, following $10 million in annual revenue. Initially focused on phishing simulations and security education, Riot is now launching an Employee Security Posture Management platform, which assigns employees a "karma score" based on security habits and nudges them to adopt safer practices. Riot’s growth from 100,000 to 1 million employees across 1,500 companies highlights rising demand. With funding led by Left Lane Capital, Riot aims to expand internationally and develop additional security tools for employees.
AI Agents will dramatically expand the size of the software market. Here's how that will work.
Traditionally, software companies are stuck within the constraints of existing IT budgets, with IT expenses running in most companies somewhere between 3-7% of revenue (with tech and… x.com/i/web/status/1…
— Aaron Levie (@levie)
4:56 AM • Feb 3, 2025
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