Security Awareness Training Startup Riot Raises $12 Million

Riot Security, a startup focused on security awareness training, has secured $12 million in a Series A funding round led by San Francisco-based VC fund Base10.

Riot’s SaaS-based platform provides personalized awareness programs that can be consistently sent to employees in order to foster cybersecurity culture within companies.

The programs are run through an interactive chatbot that integrates with Slack and Microsoft Teams, and the platform offers quick, immersive courses that generate user-specific content, along with regularly simulated phishing attacks to evaluate risks across employees.

Founded by Benjamin Netter, Riot emerged from the YCombinator startup accelerator and raised $3 million in their 2020 seed round. This Series A round brings the total amount raised by the company to $15 million.

Additional investors in the Series A round include existing investors Y Combinator, Funders Club and Founders Future, as well as angel investors such as Snyk founder Guy Podjarny, Duolingo co-founder Severin Hacker, Supercell co-founder lkka Paananen, Deel co-founder Alex Bouaziz, and Slack CPO Tamar Yehoshua.

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