Reco, an agentic security company that protects AI agents and the environments they operate in, has closed an additional $55m in funding, lifting its total capital raised to $140m.
AT&T Ventures took part as a strategic investor, while Forestay and Quadrille Capital joined as new backers. The company plans to put the capital towards growing its sales, partnerships, channels and customer support functions.
The raise comes as Fortune 500 firms increasingly look for ways to manage AI agents, which are now spreading across applications, collaboration software, browsers, copilots and automated processes. Gartner expects the typical global Fortune 500 business to be running over 150,000 agents by 2028, compared with under 15 in 2025, a jump that is likely to bring considerable agent sprawl, IT complexity and oversight difficulties.
Reco is positioning itself to support large enterprises as they progress from initial agent security pilots to wider rollouts.
Agents in many sectors are obtaining entry to sensitive information and core business systems through routes such as OAuth grants, API links, service accounts, browser sessions, MCP tools and AI functions built into everyday workplace software. While one agent on its own might seem harmless, the web of permissions it holds can create a wide-reaching blast radius touching customer records, source code, financial processes, tickets, files and messaging channels. Reco charts these connections throughout an organisation so security teams can spot needless exposure and precisely cut back or withdraw risky access.
The company’s technology gives security teams insight into which agents are running, the identities and permissions they rely on, the data and systems within their reach, the workflows they are able to trigger, and how hazardous access can be limited or removed. Reco connects with hundreds of major AI providers and enterprise applications, among them OpenAI, Anthropic, Microsoft Copilot, Salesforce, ServiceNow and Workday, allowing customers to govern agents inside the tools where they already function.
Underpinning the platform is the Reco Graph, which links agents, identities, applications, permissions, data and workflows. Using this identity and posture context, teams can uncover agents and AI-enabled tools, rank risks according to business impact and resolve issues accurately. Rather than having to either halt AI adoption or tolerate unmanaged exposure, organisations can use Reco to trim excessive permissions, withdraw stale access, switch off risky integrations and apply policy while legitimate work continues uninterrupted.
Reco CEO and co-founder Ofer Klein said, “Agents are gaining access to business applications and data faster than many organizations can map or govern those connections. 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.”
AT&T Ventures head Vikram Taneja said, “As both an investor and customer, AT&T recognizes the growing importance of helping organizations understand and manage how AI agents interact with business applications and data. Reco’s approach to visibility and governance aligns with the needs we are seeing across enterprises as agent adoption continues to evolve.”
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