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

According to a PR Newswire report, AI security startup AvalonX ended its 18-month stealth operation on October 30 and announced a $10 million funding round from Ridown Capital. The company also launched a continuous AI penetration testing platform, featuring a security AI trained on nine years of real-world offensive security data and integrated with manual expert analysis. AvalonX stated that the platform delivers continuous penetration testing to small and medium-sized enterprises via a monthly subscription model.