Allure Security Raises $17M in Series B Funding Led by Riverside Acceleration Capital

Allure Security, the AI-native disinformation defense company, has announced the closure of a $17 million Series B funding round led by Riverside Acceleration Capital, with participation from existing investors Curql, Glasswing Ventures, and Gutbrain Ventures. The total funding now stands at $43 million.

The funding will be utilized for platform expansion and go-to-market scale, with the company aiming to deepen its AI-native platform, expand its go-to-market team, and extend into new verticals beyond financial services. The investment comes as AI-powered fraud reaches unprecedented scale, with the FBI reporting $16.6 billion in cybercrime losses, up 33% year over year.

Allure Security's detection platform has experienced 350% growth over two years and serves more than 300 customers, analyzing over 10 million digital assets daily. With disinformation security named a Top 10 Strategic Technology Trend, the company is poised for significant growth in the disinformation defense market.