Reco raises $55M as AI agent security startups crowd the market
The round builds on a $30 million fundraise in February, taking the company's total funding to $140 million.
The AI security startup Reco has successfully raised $55 million in a Series C round, as the market for solutions to secure AI agents continues to expand rapidly. The funding round was led by AT&T, with participation from Forestay and Quadrille Capital, raising the company's total capital raised to $140 million. Reco's co-founder and CEO, Ofer Klein, explained that the surge in AI agent deployments has outpaced businesses' ability to monitor and control them.
Reco's platform addresses this growing concern by providing a comprehensive solution that uses a context graph to connect agents to apps, people, accounts, and permissions. This allows security teams to identify potential security gaps and restrict unnecessary access. Klein highlighted several customer successes, including the discovery of 21,000 previously unknown agents at a Fortune 100 company and an ex-employee's setup that could expose Salesforce data.
The startup has placed a strong emphasis on its existing coverage of SaaS applications and new integrations with over 280 apps. Reco's rapid growth, coupled with its high valuation, demonstrates the substantial market demand for AI agent security solutions.
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- Israeli AI agent security co Reco raises $50m en.globes.co.il
