Reco Secures $55M as AI Agent Security Market Heats Up

The surge in capital, which brings Reco’s total funding to $140 million, arrives as security teams struggle to map the footprint of agents across their networks. CEO Ofer Klein reports that his platform recently discovered 21,000 previously unidentified agents at a single Fortune 100 client. In another instance at a financial services firm, the software flagged an agent created by a former employee that was actively exfiltrating Salesforce data to an unauthorized domain.

Reco is pivoting its strategy to address this ecosystem-wide risk by using a context graph that links agents to applications, user accounts, and permissions. While competitors like CrowdStrike and HiddenLayer offer varying approaches to detection and response, the pressure to secure production environments is intensifying. Reco reports its own annual recurring revenue is currently in the double-digit millions and expects to triple that figure this year. With over 100 customers already on board, the startup plans to funnel the new capital—backed by investors including Forestay, Quadrille Capital, and AT&T—into aggressive sales, hiring, and partnership expansion.