Reco Raises $55M Series B Extension, Totaling $140M — SkimNews
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- Reco raised a $55M Series B extension, bringing its total funding to $140M
- Reco builds technology that helps enterprises secure and govern AI agents across SaaS environments
- The funding lands as terms like "AI sprawl" become common in enterprise tech discourse, reflecting the rapid spread of AI agents across software stacks
Why it matters: Reco's $55M extension signals investor conviction in the emerging category of AI agent governance — a market need born from enterprises racing to deploy AI agents across SaaS without unified security or oversight controls, per the source's framing of 'AI sprawl' as a mainstream concern.
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