AI SaaS security provider Reco announced on Tuesday that it has raised $30 million in Series B funding.
The funding round was led by Zeev Ventures, with participation from Insight Partners, Boldstart Ventures, Angular Ventures, Workday Ventures, TIAA Ventures, S Ventures, and Quadrille Capital.
This investment comes less than 10 months following the company’s last raise, bringing Reco’s total funding to $85 million. The proceeds will support ongoing growth, including hiring in engineering, product development, and go-to-market teams.
Reco delivers a dedicated platform for AI SaaS security, tailored to the demands of AI integration in business operations, where SaaS serves as the primary delivery method for AI applications and agents that function as independent users with their own identities, access rights, and connections.
The platform employs Reco’s own AI agents to continuously discover and oversee SaaS setups, offering immediate insights into apps, user activities, access levels, and AI-related operations.
Reco assists security teams in mapping out application usage, tracking data movement across systems, and pinpointing risk areas, while supporting integrations with SaaS platforms such as Salesforce, ChatGPT, and Copilot.
“In the enterprise, AI is being consumed through SaaS, whether it’s AI applications, agents embedded in existing platforms, or AI-powered integrations connecting business systems,” said Ofer Klein, CEO and co-founder of Reco.
“This shift is driving the rapid growth we’re seeing. Organizations recognize that to adopt AI safely and at scale, they need visibility and control across their entire SaaS ecosystem and not only the core SaaS applications. That’s the opportunity Reco was built to address with the largest coverage and depth of AI SaaS apps and AI agents in the industry,” Klein added.
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