Updated
Updated · TechCrunch · Sep 29
Reco Raises $55 Million for AI Agent Security as Total Funding Reaches $140 Million
Updated
Updated · TechCrunch · Sep 29

Reco Raises $55 Million for AI Agent Security as Total Funding Reaches $140 Million

1 articles · Updated · TechCrunch · Sep 29

Summary

  • $55 million in new funding will help Reco expand hiring, sales, partnerships and support as it pushes deeper into AI agent security.
  • Reco says demand is accelerating because companies are deploying agents faster than they can track them; at one Fortune 100 customer, its platform found 21,000 previously unknown agents.
  • The startup has repositioned from SaaS and AI posture management to broader agent governance, using a context graph to map agents to apps, people, accounts and permissions and cut unnecessary access.
  • AT&T joined the round through its venture arm alongside Forestay and Quadrille Capital; CEO Ofer Klein said valuation has more than doubled since February and ARR is in the double-digit millions.
  • The raise lands in a crowded but fast-growing market for securing AI sprawl, where enterprises are exposing critical systems and sensitive data to rapidly multiplying agents.

Insights

Why did Reco raise $55 million to police AI agents, and can its platform really find shadow bots before they leak enterprise data?
Is AI agent security a new must-have category, or just existing identity and data controls repackaged for the agent era?
If one customer had 21,000 unknown AI agents, how big is enterprise AI sprawl—and who actually controls these digital workers?