Security Startup Reco Raised $55 Million
The funding supports a platform designed to map and secure AI agent interactions across enterprise systems.
Updated on Sept. 29, 2026 in Cybersecurity
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Security firm Reco has raised $55 million in a financing round, bringing its total capital to $140 million. This investment expands on a previous $30 million Series B round as the company works to manage permissions for AI agents within corporate applications.
Why it matters
As enterprises deploy a growing number of autonomous AI agents, security teams face the challenge of tracking complex access relationships. This capital will fund expanded sales and partnership efforts to secure these expanding AI-driven digital ecosystems.
Reco currently supports integrations with more than 280 applications for its customer base of over 100 clients. Financial services firms account for 40% of the company's business volume.
The players
Reco
A security software provider focused on mapping access relationships for AI agents and enterprise applications.
AT&T
A global telecommunications corporation that provides managed security services and network infrastructure.
Forestay
An investment firm specializing in early-to-growth-stage enterprise technology companies.
Quadrille Capital
A European investment firm focused on growth equity for technology and healthcare organizations.
The details
The platform functions by mapping relationships among AI agents, human users, and software accounts to identify and restrict unnecessary permissions. By visualizing these connections across 280-plus integrated applications, the system aims to prevent unauthorized access in environments where automated agents are frequently deployed.
Timeline
February 2026: Series B funding round announced.
September 29, 2026: $55 million financing announced.
The Tech Race
The firm is positioning itself within the competitive landscape of AI-native security, where companies must address the complexity of machine-to-application access. Its success in reaching 100 customers suggests a shift from legacy identity management toward automated relationship mapping.
Enterprises in highly regulated fields like financial services will see expanded support as Reco scales its team to manage these security integrations. Existing users can expect new partnerships and increased product support following this capital infusion.
The takeaway
The company expects its annual recurring revenue to triple this year, signaling a fast-growing demand for AI-specific security tools. Watch for the company's progress in expanding its partner ecosystem and sales team as an indicator of its market penetration in the coming months.
Further reading
For broader trends in enterprise threat prevention, visit Cybersecurity.
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Do you believe companies are prioritizing security as they adopt artificial intelligence agents?
