Riot, a New York-based employee-focused cyber-protection software platform, has raised $30 million in Series B funding.
Investors
The round was led by Left Lane Capital, with participation from existing investors Y Combinator, Base10, and FundersClub, bringing Riot’s total capital raised to $45 million.
Founded in 2019, Left Lane Capital is a New York- and London-based global venture capital and growth equity firm that invests in hyper-growth consumer and SMB businesses with enduring customer relationships. Left Lane's mission is to partner with extraordinary entrepreneurs who create category-defining companies across growth sectors of the economy.
Riot Use of Funds
The funding will fuel Riot’s product development and international expansion, with plans to open two new offices and double its current workforce within the next twelve months.
About Riot
Founded in 2020 by Benjamin Netter and Louis Cibot, Riot provides a real-time employee cybersecurity monitoring solution. The Riot platform enables cybersecurity teams in companies of all sizes to assess and improve the cyber posture of their employees, making them the first line of defense against hackers. Riot serves 1,500 organizations across all sectors, including Mistral AI, Y Combinator, Modern Treasury, L'Occitane, Deel, Intercom, and Le Monde.
Funding Details
Company: Riot Security, Inc.
Raised: $30.0M
Round: Series B
Funding Date: February 2025
Lead Investor: Left Lane Capital
Additional Investors: Y Combinator, Base10, FundersClub
Company Website: https://tryriot.com/
Software Category: Employee Cybersecurity Monitoring
Source: https://www.prnewswire.com/news-releases/riot-raises-30-million-in-series-b-funding-to-revolutionize-employee-cybersecurity-302365017.html