Israeli SaaS Firm Reco Secures USD 25m in Funding
Reco, an Israeli software company specializing in dynamic SaaS security, has raised USD 25 million in a growth financing round, bringing its total funding to USD 55 million.
The investment was led by Insight Partners, with participation from Zeev Ventures, Boldstart Ventures, and Angular Ventures. Reco’s proprietary application discovery engine delivers real-time visibility and control across SaaS environments, addressing the evolving security needs of digital-first enterprises.
This latest funding will accelerate Reco’s product development and global expansion, reinforcing its leadership in the cloud security space.
Erdinast, Ben Nathan, Toledano represented Reco, with the legal team led by partner Viva Gayer and senior associate Assaf Meltz from the firm’s High-Tech and Technology Department.