Reco, whose tech helps enterprises secure and govern AI agents across SaaS environments, raised a $55M Series B extension, taking its total funding to $140M

Your enterprise's AI agents can now be automatically discovered and governed to prevent data exfiltration.

AI security startup Reco has secured a $55 million Series B extension, bringing its total funding to $140 million. The company offers solutions to help enterprises secure and govern AI agents across various SaaS environments. Reco's platform uses a context graph to map AI agents to applications, users, accounts, and permissions, enabling security teams to monitor and control agent access to sensitive data. The company claims its platform has identified thousands of unknown AI agents within large enterprise customers, including one instance of an ex-employee's agent accessing sensitive financial data. Reco's approach focuses on the entire end-to-end ecosystem of AI agents and their integrations. The funding will be used for hiring, sales, partnerships, and customer support.

The rapid proliferation of AI agents, often referred to as 'AI sprawl,' has created a critical security challenge for enterprises. Reco's substantial funding round indicates strong investor confidence in solutions that can provide comprehensive visibility and control over these agents and their associated data access. This trend suggests a growing market for AI governance tools, pushing other security vendors to either develop similar capabilities or risk becoming irrelevant as AI adoption accelerates.

Reco's positioning around securing the entire AI agent ecosystem, not just individual agents, addresses the complex reality of modern enterprise IT. By integrating with over 280 applications and leveraging network and browser signals, Reco aims to provide a holistic view that differentiates it from competitors focusing on narrower aspects of AI security. The company's success could influence how enterprises approach AI security, potentially setting a new standard for agent discovery and risk management.