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.