Reco Lands $55M Series B Extension at $140M Total — SkimNews
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- Reco raised a $55M Series B extension, bringing its total funding to $140M, to build tools that secure and govern AI agents across SaaS environments
- Reco is riding the rising enterprise discourse around 'AI sprawl,' a term the source notes has become common in tech social media and thought leadership as companies deploy more AI agents
Why it matters: Reco now has $140M in total capital to chase the enterprise AI governance and SaaS security market at a moment when 'AI sprawl' has become a common framing in industry conversation. The Series B extension — rather than a fresh, larger round — signals existing backers doubling down on the thesis that enterprises need dedicated tooling to track and control the AI agents they're already deploying.
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