French startup Riot She collected a round of $ 30 million B series after reaching annual revenues of $ 10 million in 2024. Originally focused on education education on the risk of cyber security, the company now desires to go a step further and lead employees to reduce the area of the attack.
Left Lane Capital lead in Monday round, in which the existing investors of the Y Combinator, Base10 and Fundersclub once again participated. From what Techcrunch learned, Riot achieved a quote after buying north of $ 170 million after the round of series B.
Riot initially began with false phishing campaigns. (*30*) often receive E -Maile, which seem like real e -Mile, but they have to design people to click links and enter personal data.
In this fashion, employees discover that they needs to be more suspicious about the coming e -Maili. Over time, the company added other educational content with a friendly security chatbot called Albert. Access to it may well be obtained in Slack and Microsoft teams.
So far, the strategy has worked well because Riot is currently interacting with 1 million employees in 1,500 corporations. Customers are l’atcitane, deel, intercom and le Monde. (A few years ago Riot worked only from 100,000 employees).
And yet cyber incidents are still growing with common consequences. The last example is a violation of data on health change, which affects 190 million Americans and began with a violation of certificates in the consumer service. The worker re -used the same password for his personal account and Citrix Citrix Citrics portal – there was also no multifactorial authentication on Citrix.
That is why Riot desires to grow outside employees’ education. “Our task is to look at the attitude of employees. Do they activate multifactorial authentication? Do they have a safe code on your smartphone? Are their privacy settings on LinkedIn very acceptable? There are many things that employees can introduce, which will usually make life difficult for hackers, “said Techcrunch, founder of Riot and general director Benjamin Netter.
Riot calls the next product the worker safety attitude management platform. This will turn into a central cockpit for security management at the worker level. Although there are many solutions in the field of posture management, Riot believes that employees have been neglected for too long.
Here it might match the landscape of cyber security based on the deck of the company:
“We create on the platform, it is that we automatically analyze the safety of employees … and we will give the result, which we called the result of karma, which will be an indicator of an employee employee attitude,” said Netter.
Then Riot will prompt the worker to alter the setting here, activate multifactor’s authentication there. “These are small things you can do, it will take you a minute or two, and this will basically make life difficult for hackers,” added Netter.
It will likely be an interesting challenge for Riot, because employees’ safety also depends on their cyber hygiene on personal devices and services. Phishing campaigns are now also going down at WhatsApp. LinkedIn profiles are widely used Social Engineering Attacks also.
That is why this recent safety product will look more like a consumer product, with nice animations and some functions of gamification to encourage you to enhance your safety attitude.
“My long -term vision is to build an worker security company and provide all tools in the worker safety pile. So it is possible that one day we’ll do – I will provide you with a silly example – Antivirus or password manager – said Netter.
But first, due to today’s financing round, the company also has more money for faster development. The team plans to open recent offices in other countries and develop customer base to develop more sophisticated products.