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Risk Intelligence Startup RIIG Raises $3 Million

Risk intelligence and cybersecurity solutions provider RIIG has raised $3 million in a seed funding round led by Felton Group.

Riggleman Information & Intelligence Group (RIIG), an early stage risk intelligence and security startup, has raised $3 million in a seed funding round led by Felton Group.

The Charlottesville, Virginia-based company is building open source intelligence products for Zero Trust architectures to help organizations improve their security and risk management.

With access to data intelligence agencies and through collaborations with commercial partners and local academic institutions, RIIG specializes in white-hat data trust services, combining AI and ML technologies to provide insights and protections.

In addition to risk intelligence covering OSINT, forensics, and regulation, the startup offers threat detection, real-time analytics, vulnerability assessments, and risk management capabilities, which can be tailored to any businesses’ needs.

RIIG says its “softbox turn-key solution” can deliver threat actor detection and cyber resilience training to employees and that it can meet the needs of organizations across multiple sectors, including government entities, delivering seamless integration and enhanced security.

The startup’s offering includes ACTIVE, an analytical ecosystem; Aegis AI, an advanced cybersecurity platform; FinaSense, a banking compliance and risk management solution; and LegiSense, a solution focused on legislative and regulatory research.

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Additionally, it offers cybersecurity services covering Zero Trust maturity, red teaming, secure system design, AI tool integration, vulnerability discovery through penetration testing and analysis, and targeted training programs.

RIIG will use the new funding to accelerate the development and launch of its AI-powered solutions and expand customer support, marketing, and sales teams.

Related: Opnova Banks Seed Capital to Tackle Security, IT Automation

Related: Filigran Secures $35M Investment to Disrupt Threat Intel

Related: Anecdotes Raises $25 Million for Enterprise GRC Platform

Related: Galvanick Banks $10 Million for Industrial XDR Technology

Related: Cerby Building Security Platform for Unmanageable Apps

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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