Reco Raises $55M for AI Agent Security

AI security startup Reco has raised $55 million in new funding, bringing its total capital raised to $140 million. The company, which previously focused on SaaS security, has repositioned around a broader platform that maps AI agents to apps, people, accounts, and permissions. At one Fortune 100 customer, Reco found 21,000 agents the company was unaware of. AT&T, Forestay, and Quadrille Capital participated in the round. Reco's valuation has more than doubled since its $30 million Series B in February, and the company expects its double-digit million ARR to triple this year.