Reco, a leader in Agentic Security, has raised an additional US$55 million in funding to support expansion across sales, partnerships, channels, and customer support. The round includes a strategic investment from AT&T Ventures and support from new investors Forestay and Quadrille Capital. The company's total funding now stands at US$140 million.
Strategic Investment and Market Context
The new capital follows growing demand from Fortune 500 companies as AI agents become embedded across applications, collaboration tools, browsers, copilots, and automated workflows. Gartner predicts that the average global Fortune 500 enterprise will use more than 150,000 agents by 2028, up from fewer than 15 in 2025. This shift creates significant agent sprawl, IT complexity, and management challenges for security teams.
Expanding Agent Access Risks
Across industries, agents are gaining access to sensitive data and business systems through OAuth grants, API connections, service accounts, browser sessions, MCP tools, and embedded AI features. A single agent may appear low risk in isolation, but its interconnected permissions create a blast radius that can affect customer data, source code, financial workflows, and collaboration channels. Reco maps these relationships across the enterprise to help security teams identify unnecessary exposure and reduce or revoke risky access with precision.
Platform Capabilities and Integrations
Reco's platform is built on the Reco Graph, which maps relationships among agents, identities, applications, permissions, data, and workflows. This identity and posture context enables security teams to discover agents and AI-enabled tools, prioritize risk based on business impact, and remediate with precision. Reco integrates with hundreds of leading AI providers and enterprise applications, including OpenAI, Anthropic, Microsoft Copilot, Salesforce, ServiceNow, and Workday.
Executive Perspectives
Ofer Klein, CEO and co-founder of Reco, said agents are gaining access to business applications and data faster than many organizations can map or govern those connections. He added that AT&T's participation as both a customer and strategic investor reflects the need for security that follows agents across enterprise ecosystems. Vikram Taneja, Head of AT&T Ventures, said Reco's approach to visibility and governance aligns with the needs enterprises are seeing as agent adoption continues to evolve.
AT&T Customer Validation
AT&T is already using Reco to strengthen governance across its enterprise applications and AI ecosystem. Rich Baich, Chief Information Security Officer at AT&T, said the platform provides greater visibility into agent security risk, access management, and third-party integrations. This insight enables better decision-making, improves audit readiness, and supports the company's commitment to securing innovation across the enterprise.
Market Outlook
According to Grand View Research's 2026 Agentic AI Security Market report, the global market was valued at US$1.3 billion in 2025 and is projected to reach US$17.8 billion by 2033. This represents a compound annual growth rate of 38.9% from 2026 to 2033. Reco plans to use the new funding to expand sales, partnerships, channels, and customer support as large enterprises move from early agent security projects to broader deployment.
The additional US$55 million brings Reco's total funding to US$140 million and strengthens its ability to support large enterprises as agentic AI adoption accelerates. With strategic backing from AT&T Ventures and new investors Forestay and Quadrille Capital, Reco is positioned to expand its sales, partnership, channel, and customer support operations. The company's focus on mapping agent identities, permissions, and workflows across enterprise ecosystems addresses a growing security need in the rapidly expanding agentic AI market.