Cybersecurity company Reco has raised an additional $50 million from investors including AT&T Ventures, Forestay and Quadrille Capital, bringing its total funding to $135 million as businesses look for ways to control the growing number of AI agents operating across corporate systems.
The company said the new capital will be used to expand sales, partnerships, distribution channels and customer support as larger enterprises move from experimental AI deployments toward broader use of autonomous and semi-autonomous agents.
Reco founders
(Photo: Ron Faibish)
Those agents are increasingly being connected to workplace applications, collaboration tools, browsers, copilots and automated workflows, often with access to corporate data and internal systems.
Gartner has predicted that the average Fortune 500 company could have more than 150,000 AI agents in use by 2028, compared with fewer than 15 in 2025, creating a new layer of complexity for corporate IT and security teams.
Reco’s technology is designed to map which agents are operating inside an organization, the identities and permissions they use, the applications and data they can access and the workflows they are able to initiate.
The security challenge becomes more complicated as agents gain access through OAuth permissions, APIs, service accounts, browser sessions, Model Context Protocol tools and AI features embedded inside existing applications.
An individual agent may appear relatively low risk, but access across several connected systems can give it a much wider reach. That can include customer information, source code, financial systems, documents, service tickets and internal collaboration platforms.
Reco says its platform analyzes those relationships to identify excessive or outdated permissions and allow security teams to reduce access, disable integrations or enforce policies without blocking legitimate use of AI tools.
The company integrates with hundreds of AI providers and business applications, including OpenAI, Anthropic, Microsoft Copilot, Salesforce, ServiceNow and Workday.
AT&T is both an investor in Reco and a customer.
“Agents are gaining access to business applications and data faster than many organizations can map or govern those connections,” Reco CEO and co-founder Ofer Klein said.
Klein said the new investment would help the company expand its commercial operations as more large organizations put AI agents into production.
Vikram Taneja, head of AT&T Ventures, said organizations increasingly need to understand how AI agents interact with corporate applications and information as adoption expands.
AT&T Chief Information Security Officer Rich Baich said the company uses Reco to gain greater visibility into agent-related security risks, access controls and third-party integrations.
The funding comes as spending on AI agent security is expected to grow rapidly alongside adoption of the technology. Grand View Research estimated the global agentic AI security market at $1.3 billion in 2025 and projected it could reach $17.8 billion by 2033.
Reco’s platform is built around what it calls the Reco Graph, which maps connections among agents, human identities, applications, permissions, data and workflows. The company says the system allows security teams to identify AI-enabled tools, prioritize risks based on their potential business impact and remove unnecessary access.
The latest investment adds AT&T to Reco’s list of strategic backers at a time when cybersecurity companies are increasingly competing to address one of the emerging problems created by corporate AI adoption: how to give autonomous software enough access to be useful without allowing permissions and integrations to spread beyond security teams’ control.