Reco raises $30 million for AI and SaaS security expansion

As reported by Silicon Angle, Reco has secured $30 million in Series B funding to bolster its expansion efforts, focusing on enhancing the security of AI applications and agents. The company aims to address the growing need for visibility and control over the expanding landscape of AI tools within enterprise environments.

Founded in 2020, Reco's platform provides continuous discovery of SaaS applications, AI features, and integrations, including the identification of shadow AI usage. It monitors data access, permissions, and data flow between systems as AI agents increasingly operate autonomously. The system analyzes SaaS environments in real-time to detect risky behaviors, misconfigurations, and unusual AI-driven interactions, enabling security teams to transition from manual audits to continuous oversight. The company serves major organizations across financial services, healthcare, technology, pharma, and manufacturing, including notable clients like Check Point Software Technologies and American Express Global Business Travel.

This latest funding round, bringing Reco's total raised to $85 million, underscores the significant market demand for AI SaaS security solutions. The expansion of Reco's capabilities highlights a broader industry trend towards securing complex, interconnected digital ecosystems and ensuring safe AI integration without hindering innovation.

Source: Silicon Angle