Israeli AI Security Firm Reco Raises $50 Million, Adds AT&T as Investor

Israeli cybersecurity startup Reco has secured an additional $50 million in funding, expanding its Series B round which initially raised $30 million in February. The new investment includes strategic participation from AT&T, which transitioned from being a customer to an investor, alongside Forestay. These new backers join existing investors such as Insight Partners, Boldstart Ventures, Workday Ventures, TIAA Ventures, S Ventures, and Quadrille Capital. While the company did not disclose its valuation, it stated that it has significantly increased since the previous funding round and reported substantial revenue growth.

Founded in 2020 by Ofer Klein (CEO), Dr. Tal Shapira (CTO), and Gal Nakash (CPO), Reco focuses on securing AI agents. The company employs approximately 140 people, split between Israel and the United States. Its platform addresses the growing need to protect AI agents that connect to enterprise applications, identities, permissions, and data, and can operate autonomously within workflows.

Reco's technology maps AI agents, applications, users, and their interconnections. It analyzes permissions and activity patterns to help organizations identify and prioritize risks before they escalate into security incidents. The core of the platform, Reco Graph, provides security teams with visibility into AI agents and tools operating within an organization, their accessed identities and permissions, the systems and data they can reach, and the processes they can initiate.

The platform integrates with over 280 applications and includes more than 1,000 detection controls. It connects with major AI providers and enterprise applications like OpenAI, Anthropic, Microsoft Copilot, Salesforce, ServiceNow, and Workday, enabling organizations to manage AI agents within their existing environments. Ofer Klein, Reco's co-founder and CEO, highlighted the increasing challenge organizations face in mapping and managing AI agent connections, noting AT&T's dual role as customer and investor reflects this critical need for robust AI security solutions.