French start Agitation It has raised a $ 30 million B -series round after reaching $ 10 million annual revenue in 2024. Initially it focused on training employees on cyberspace, the company now wants to go a step further and push themselves , to minimize the attack surface.
Left Lane Capital is leading today’s round with existing Y Combinator, Base10 and Fundersclub investors once again. From what TechCrunch has learned, Riot’s has reached valuation after money north of $ 170 million after the B -series round.
Riot initially started with fake electronic “fishing” campaigns. Employees receive regular emails that look like real emails. But they are designed to deceive employees to click on the links and enter personal information.
In this way, employees learn that they should be more suspicious of incoming emails. Over time, the company added another educational content with a friendly security chatbot called Albert. Can access Slack and Microsoft groups.
This strategy is working well so far, as Riot interacts with one million employees to 1,500 companies. Customers include L’Ocitane, Deel, Intercom and Le Monde. (A few years ago, Riot worked only with 100,000 employees.)
And yet, cyberspace incidents continue to increase with widespread consequences. A recent example is the violation of health care data that affects 190 million Americans and began with a compromised credentials in a consumer service. An employee reused the same password for their personal account and changed the Citrix Gate of Health Care – there was no multiple factors at Citrix.
That is why Riot wants to grow beyond the training of workers. “Our job is to consider workers’ attitude. They activate multiple factors? Do they have a secure code on their smartphone? Life more difficult for hackers, “said Riot Benjamin Netter’s founder and chief executive at TechCrunch.
Riot invites the next product of a workers’ safety position platform. There will be a central cockpit for security management at the level of the employee. While there are many attitude management solutions, Riot believes that workers have been neglected for a long time.
Here it will fit the cyberspace landscape based on the deck of the company:
“What we are creating with the platform is that we are going to automatically analyze the safety of workers … and we will give a score, which we called a karma score, which will be an indicator of the workers’ attitude,” Netter said.
After that, Riot will push the employee to change a setting here, activate multiple factors therein. “It’s the little things you can do that will take you a minute or two, and this will actually make life difficult for hackers,” Netter added.
This will be an interesting challenge for riots, as workers’ safety also depends on cyberspace on personal devices and services. “Phishing campaigns are now happening in WhatsApp. LinkedIn profiles are widely used for social engineering attacks too.
That is why this new security product will look a little more like a consumer product, with fine animations and some gamification features to encourage you to improve your security attitude.
“My long -term vision is to build a workers ‘security company and to provide all the tools on the workers’ security stack. So it is likely that one day we will do – I will give you a stupid example – an antivirus or password manager”, Netter said.
But first, with today’s funding, the company also has more cash to increase faster. The team plans to open new offices in other countries and develop its customer base to develop these most sophisticated products.
