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Reco

Former names: RecoLabs
Dynamic SaaS Security Platform
Startup A Founded 2020 Cyber Security
Last Update May 6, 2025 · Claimed

Reco News

5 articles
Apr 22, 2025 · www.calcalistech.com
growth-positive
Reco raises $25M to tame the chaos of modern SaaS | CTech
Reco, a Tel Aviv-based startup specializing in Dynamic SaaS Security, has raised $25 million in a new funding round led by Insight Partners, with participation from Zeev Ventures, boldstart ventures, Angular Ventures, and new investor Redseed. This brings Recos total capital raised to $55 million. The company has seen a 5x increase in annual recurring revenue over the past year, driven by the growing demand for security solutions to manage the increasing number of SaaS applications and shadow IT tools. Recos platform is designed to be faster and more efficient than competitors, with a focus on proactive security measures. The company is also developing AI-powered security agents to assist in managing security alerts and risks.
Investment
Apr 22, 2025 · en.globes.co.il
growth-positive
The Tel Aviv-based company has developed a comprehensive application discovery engine capable of identifying and classifying over 50,000 applications, and providing visibility into an organization’s SaaS ecosystem.
Reco, a SaaS security company based in Tel Aviv, has raised $25 million in a financing round led by Insight Partners, Zeev Ventures, boldstart ventures, Angular Ventures, and new investor Redseed. This brings the total funding to $55 million. The company has experienced significant growth, with a fivefold increase in annual recurring revenue and a tripling of its customer base, which includes sectors like financial services, insurance, healthcare, pharma, and tech. Recos application discovery engine identifies and classifies over 50,000 applications, enhancing visibility into SaaS ecosystems. The company is expanding its capabilities with new integrations and aims to address the complexities of SaaS security in the age of AI.
InvestmentCustomersExpand
Dec 12, 2023 · www.reco.ai
Growth-Positive
Reco Is Changing the Game of SaaS Security with Its Identity-First Approach to SaaS Security Posture Management
Reco, a leading SaaS security solution, is redefining the way enterprises secure their SaaS environment by taking an identity-first approach to SaaS Security Posture Management (SSPM). The AI-based graph technology connects via API within minutes and provides immediate value to security teams by continuously discovering every application and identity, controlling access, and seamlessly prioritizing actions to reduce the risk of data exposure. Reco’s research shows that its SaaS security platform drives efficiency for security teams – saving 70% of security teams’ effort when compared with legacy tools - all while reducing more than 85% of the exposure risk within the first week of using the platform.
CustomersPartners
May 2, 2023 · www.prnewswire.com
growth-positive
Reco AI-Powered Platform Enables UiPath to Increase Security of SaaS Collaboration Data
Reco, a SaaS security company, is partnering with UiPath, an enterprise automation software company, to increase security in UiPaths SaaS collaboration platforms. UiPath uses several SaaS tools in its operations and has recognized the risk of sensitive data being shared across these applications. Recos platform uses AI to analyze unstructured data and communication in SaaS tools, providing context around sensitive data and the parties interacting with it. This allows UiPaths security team to accurately classify sensitive data and improve visibility into potential risks.
Partners
Mar 10, 2023 · www.reco.ai
Growth-Positive
Reco Raises $30 Million
Reco, a company founded in 2020, provides security tools for organizations by mapping and monitoring contextual metadata. Using machine learning, Reco creates a model of relationships among employees, teams, and third parties, helping security teams understand and visualize threats from collaboration and sharing. The company integrates with tools like Slack, Google Drive, Microsoft OneDrive, Jira and more to create a knowledge graph for detecting and responding to unauthorized or anomalous activity. Reco has received positive feedback from its customers, including SolarEdge and Tipalti. The company is currently recruiting.
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