[AI Security Startup AvalonX Announces $10 Million Funding from Ridown Capital] According to a report by PR Newswire on October 30th, AI security startup AvalonX ended 18 months of covert operations and announced it had secured $10 million in funding from Ridown Capital. The company also launched a continuous AI penetration testing platform, whose security AI is trained on nine years of real-world attack security data and 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.