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description: Reco, an AI and SaaS security startup, raised $55 million on top of a $30 million Series B from February, bringing total funding to $140 million, as AT&T's...
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og:description: Reco, an AI and SaaS security startup, raised $55 million on top of a $30 million Series B from February, bringing total funding to $140 million, as AT&T's...
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# Reco raises $55M as AI agent security startups crowd the market

**[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments

## Summary

Reco, an AI and SaaS security startup, raised $55 million on top of a $30 million Series B from February, bringing total funding to $140 million, as AT&T's venture arm and other investors participated. The company has repositioned from mapping SaaS and AI platforms to a broader agent security offering using a context graph linking agents to apps, people, accounts, and permissions. CEO Ofer Klein says enterprises are deploying AI agents faster than they can track them, citing a Fortune 100 customer where Reco found 21,000 unknown agents, and a financial services customer where an ex-employee's agent had unauthorized Salesforce access. The piece situates Reco among two dozen-plus competitors, including CrowdStrike, HiddenLayer, and Cymphony, all racing to address AI agent sprawl. Reco's valuation has more than doubled since February to the 'high hundreds of millions,' with ARR in the double-digit millions and over 100 customers, 40% in financial services.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/09/29/reco-raises-55m-as-ai-agent-security-startups-crowd-the-market>

## Questions this post answers

### How much funding has Reco raised in total for AI agent security?

Reco has raised $140 million in total capital. This includes a new $55 million round announced in September, building on a $30 million Series B from February. AT&T's venture arm, Forestay, and Quadrille Capital participated in the extension, and the company's valuation has more than doubled since February into the high hundreds of millions.

_daily.dev tracks funding moves like this for anyone benchmarking the AI agent security market._

### How many unknown AI agents did Reco find at a Fortune 100 customer?

Reco's platform discovered 21,000 agents that a Fortune 100 customer didn't know existed within its own environment. Separately, at a large financial services customer, Reco says it identified an agent set up by an ex-employee that could access Salesforce and exfiltrate data to an external domain the company couldn't see.

_Security teams sizing up agent sprawl risks can follow real incident data like this on daily.dev._

### What approach does Reco use to secure AI agents across an enterprise?

Reco uses a context graph connecting agents to apps, people, accounts, and permissions, letting security teams see what an agent can reach and revoke unnecessary access. It integrates with more than 280 apps, adds new integrations within days, and uses browser and network signals plus prompt and tool-call inspection to find agents outside directly connected apps.

_daily.dev surfaces vendor approaches like this for teams comparing AI agent security platforms._

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- [HiddenLayer nabs $100M as enterprises rush to secure their AI deployments](https://daily.dev/posts/hiddenlayer-nabs-100m-as-enterprises-rush-to-secure-their-ai-deployments-t3siamul9) · TechCrunch · 0 upvotes · 0 comments
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---

Tags: [#ai-agents](https://daily.dev/tags/ai-agents), [#ai-security](https://daily.dev/tags/ai-security)

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