AI security startup AvalonX announces raising $10 million in funding from Ridown Capital.

On October 30, AI security startup AvalonX ended an 18-month stealth operation and announced securing $10 million in funding from Ridown Capital, according to PR Newswire. The company also launched a continuous AI penetration testing platform, with its security AI trained on nine years of real-world offensive security data combined with human expert analysis. AvalonX stated that the platform provides continuous penetration testing to small and medium-sized enterprises on a monthly subscription basis.