AI Security Startup Reco Raises $55 Million in Funding

AI security startup Reco has completed a new round of financing amounting to $55 million, which is an extension of the $30 million Series B round announced in February. Investors in this round include AT&T's venture capital arm, Forestay, and Quadrille Capital. Following this financing, Reco's total funding has reached $140 million. Ofer Klein, co-founder and CEO of Reco, stated that the company's valuation has more than doubled since the initial announcement of the Series B round.

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