Reco Raises $55 Million in Additional Funding with Participation from AT&T Ventures
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ALTAMONTE SPRINGS, Fla., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Reco , the leader in Agentic Security, today announced it has raised an additional $55 million including a strategic investment from AT&T Ventures and support from new investors Forestay and Quadrille Capital. It brings Reco's total funding to $140 million and will support expansion across sales, partnerships, channels and customer support. The new capital follows growing demand from Fortune 500 companies as agents become embedded across the agentic enterprise, from applications and collaboration tools to browsers, copilots and automated workflows. Gartner predicts the average global Fortune 500 enterprise will have more than 150,000 agents in use by 2028, up from fewer than 15 in 2025, creating significant agent sprawl, IT complexity and management challenges. As adoption accelerates, Reco enables security teams to understand which agents are active, what identities and permissions they use, what data and systems they can reach, which workflows they can initiate and how risky access can be reduced or revoked. According to Grand View Research's 2026 Agentic AI Security Market report, the global market was valued at $1.3 billion in 2025 and is projected to reach $17.8 billion by 2033, representing a compound annual growth rate of 38.9% from 2026 to 2033. Reco will use the funds to expand sales, partnerships...
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