AI security startup Reco has raised a $25 million Series A extension to further develop its platform designed to close the widening SaaS security gap.
The round, led by Insight Partners, included participation from Zeev Ventures, Boldstart Ventures, Angular Ventures, and Redseed, bringing the company’s total funding to $55 million.
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Reco Expands Funding to Strengthen SaaS Security Innovation
Founded in 2020, Reco is building a next-gen security solution that uses generative AI and AI agents to protect cloud applications, especially those used outside of IT’s watchful eye.
The company first raised $30 million in 2022 in a Series A round also led by Insight and Zeev.
“AI and gen-AI agents are amazing for the business and not something you can block anymore,” said CEO Ofer Klein in a statement to Business Insider. “The only way to adopt it is to have the right visibility and security for it.”
Solving the SaaS Security Gap
