Israeli AI Agent Security Co Reco Raises $50m
The startup said annual recurring revenue is in the double-digit millions as companies rush to control AI sprawl across enterprise systems.
- On Tuesday, AI security startup Reco announced it raised $55 million in a strategic funding round, bringing its total capital raised to $140 million.
- Until last year, Reco sold software primarily for SaaS platforms; enterprises are now deploying AI agents faster than they can track, prompting the startup to broaden its scope to address agent security.
- Reco's platform identified 21,000 unknown agents at one Fortune 100 customer, demonstrating visibility gaps enterprises face. The startup serves more than 100 customers, with financial services accounting for about 40% of business.
- At least two dozen companies now offer AI agent security solutions as the market intensifies. HiddenLayer CEO Chris Sestito noted that when agents reach production, risks scale to "full scale really quickly."
- CEO Ofer Klein expects Reco's annual recurring revenue, currently in the "double-digit millions of dollars," to triple this year. The company's valuation has "more than doubled" since the Series B was first announced in February.
12 Articles
12 Articles
TechCrunch
cybernoz.comReco 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.
AT&T Ventures backs Reco in $55m agentic security raise
Reco, a company specialising in agentic security, has secured a further $55m in funding, featuring a strategic cheque from AT&T Ventures, lifting the total capital it has raised to $140m. Alongside AT&T Ventures, the round drew backing from two newcomers to the company’s investor base, Forestay and Quadrille Capital. The business plans to channel the […]
Reco raises $55m to secure the agentic enterprise
Reco, an agentic security company that protects AI agents and the environments they operate in, has closed an additional $55m in funding, lifting its total capital raised to $140m. AT&T Ventures took part as a strategic investor, while Forestay and Quadrille Capital joined as new backers. The company plans to put the capital towards growing […]
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
