Reco raises $55 million as AI agent security market grows crowded
Reco raises $55M as AI agent security startups crowd the market
- Who
- Reco
- When
What happened
AI security startup Reco raised $55 million, after a $30 million Series B in February, bringing its total funding to $140 million. Reco shifted from SaaS and AI platform security to using a context graph to connect agents, apps, people, and permissions, helping security teams identify and cut agents’ unnecessary access. Its platform integrates with more than 280 apps, has over 100 customers, about 40% of them in financial services, and generates tens of millions of dollars in annual recurring revenue.
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