AI intelligence security company Reco has completed a $55 million financing round, with participation from Forestay and others

According to Techcrunch, AI security startup Reco announced the completion of a new round of financing of $55 million, which is an extension round based on its $30 million Series B financing in February, with participation from AT&T Ventures, Forestay, and Quadrille Capital.

After this round of financing, the company's total funding amount has reached $140 million. Reco co-founder and CEO Ofer Klein stated that since the initial announcement of the Series B round, the company's valuation has "more than doubled."