AvalonX Raises $10 Million in Funding Led by Ridown Capital

AI security startup AvalonX ended 18 months of stealth operations and announced a $10 million funding round led by Ridown Capital. According to ChainCatcher, the company also launched a continuous AI penetration-testing platform trained on nine years of real-world offensive security data and combined with human expert analysis. AvalonX said the platform offers continuous penetration testing to small and medium-sized businesses through monthly subscriptions.