"Ofer Klein, Gal Nakash, and Tal Shapira founded Reco in 2020 to fill the gap between a company's existing cybersecurity protections and the other tech tools employees use, which is often AI. "AI adoption has accelerated exponentially, and companies that blocked AI access a year ago cannot block it anymore," Klein told Business Insider. "And I'm not talking about small mom-and-pop shops; I'm talking about the biggest banks, insurance, healthcare, pharma, and hospitals.""
""My investment strategy has always been to double down on what's working," Oren Zeev, the famed seed investor behind Zeev Ventures, said in a statement. "I've seen this pattern with successful companies like Navan and Tipalti, and I'm seeing it again with Reco. The signals we see show rapidly growing market demand for AI SaaS security, and we are experiencing exceptional growth.""
Founders Ofer Klein, Gal Nakash, and Tal Shapira launched Reco in 2020 to bridge gaps between corporate cybersecurity and employee AI tools. Reco raised $30 million in a Series B led by Zeev Ventures with continued support from Insight Partners and Boldstart Ventures and new corporate investors including Workday Ventures, TIAA Ventures, S Ventures, and Quadrille Capital. Reco grew 500% year-over-year in 2024 and an additional 400% in 2025 amid accelerated AI adoption that companies can no longer fully block. The cybersecurity sector attracted nearly $14 billion in 2025, a 47% increase from 2024, signaling strong market demand for AI SaaS security.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]