Reco founders.

Reco raises $50 million with AT&T backing to secure AI agents

The company, which began working with AT&T as a customer, plans to expand sales, partnerships and customer support as large enterprises deploy more agents. 

Cybersecurity company Reco has raised an additional $50 million, including a strategic investment from AT&T Ventures, as enterprises increasingly deploy AI agents across their business ecosystems. The latest funding brings Reco's total funding to $135 million.
New investors participating in the round include AT&T Ventures, which began as a Reco customer before becoming a strategic investor, and Forestay and Quadrille Capital. They join existing investors including Insight Partners, Boldstart Ventures, Workday Ventures, TIAA Ventures, and S Ventures. The company did not disclose the valuation at which the funds were raised but said it had increased significantly between the two rounds.
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מייסדי ריקו, מימין: טל שפירא, עופר קליין וגל נקש
מייסדי ריקו, מימין: טל שפירא, עופר קליין וגל נקש
Reco founders.
(Photo: Ron Feibish)
Reco was founded in 2020 by Ofer Klein, CEO, Dr. Tal Shapira, CTO, and Gal Nakash, CPO. The company reports significant revenue growth and employs approximately 140 people, split evenly between Israel and the US.
Reco operates in the emerging field of agent security, focusing on securing AI agents that connect to applications, identities, permissions, and organizational data and can operate autonomously within enterprise workflows.
The company says demand is growing as AI agents become embedded across business environments, including applications, collaboration tools, browsers, copilots, and automated workflows. Gartner predicts that the average Fortune 500 enterprise will have more than 150,000 agents in use by 2028, compared with fewer than 15 in 2025.
Reco has built a platform that maps agents, applications, users, and the connections between them. It analyzes permissions and activity patterns, allowing organizations to identify and prioritize risks before they escalate into security incidents. At the core of the platform is the Reco Graph, a mapping layer that allows security teams to see which AI agents and tools are active within an organization, understand the identities and permissions they use, identify the systems and data they can access, and determine the workflows they can initiate.
The platform also maps how agents gain access through mechanisms including OAuth grants, API connections, service accounts, browser sessions, MCP tools, and AI features embedded in applications. Reco says this allows security teams to identify excessive exposure and reduce or revoke risky access.
Reco currently integrates with hundreds of AI providers and enterprise applications, including OpenAI, Anthropic, Microsoft Copilot, Salesforce, ServiceNow, and Workday. The platform has more than 280 application integrations and 1,000 detection controls, enabling organizations to identify and manage AI agents within their existing operational environments and gain visibility into their activity, permissions, and connections.
Reco says it will use the new funding to expand sales, partnerships, channels, and customer support as large enterprises move from early agent security projects toward broader deployments.
"Agents are gaining access to business applications and data faster than many organizations can map or govern those connections," said Ofer Klein, CEO and co-founder of Reco. "AT&T’s participation as both a customer and strategic investor reflects the need for security that follows agents across enterprise ecosystems. This funding will help Reco expand sales, partnerships and customer support as more large enterprises move agents into production."