AI agent security firm Reco raises another $55 million, bringing total funding to $140 million

PANews, September 29 — According to TechCrunch, AI agent security company Reco announced it has raised $55 million, with participation from AT&T's investment arm, Forestay, and Quadrille Capital. Combined with the $30 million Series B completed in February this year, Reco's total funding has reached $140 million.

Reco's platform uses a "context graph" to correlate enterprise AI agents, applications, accounts, and permissions, helping security teams discover unauthorized agents and limit their data access. The company says it currently has more than 100 customers and integrates with over 280 applications; its annual recurring revenue is in the tens of millions of dollars, with financial services customers accounting for about 40% of its business. The new funding will be used for hiring, sales, partnerships, and customer support.