Cybersecurity Firm Reco Raises $30M Series B as Shadow AI Usage Drives 500% Growth
Summary
Cybersecurity firm Reco secures $30 million Series B funding from Zeev Ventures as explosive 500% growth reveals massive surge in unauthorized employee AI tool usage, prompting enterprises to deploy monitoring platforms for shadow AI security across popular applications like ChatGPT and Salesforce.
Key Points
- Cybersecurity company Reco raises $30 million in Series B funding led by Zeev Ventures to expand its AI SaaS security platform across enterprises
- The company reports explosive growth of 500% between 2023-2024 and 400% in 2025, driven by rising Shadow AI usage where employees use AI tools without IT approval
- Reco's platform monitors and secures AI adoption across applications like Salesforce, ChatGPT, and Copilot, providing real-time visibility into AI-driven activity and permissions