Reco raises $30M to prevent sensitive data leaks – TechCrunch

Reco, a company using AI to map a company's data sharing, today announced that it raised $30 million in a Series A round led by Insight Partners, with participation from Zeev Ventures, BoldStart, Angular Ventures, Jibe Ventures, CrewCapital and Cyber Club London. CEO Ofer Klein said the proceeds will to toward product development and supporting the company' go-to-market efforts. Reco is Klein's second venture after Kwik, an internet of things platform for "connected customer experiences." Nakash led research at the Office of the Prime Minister in Israel prior to joining Reco, while Shapira, who also worked at the Office of the Prime Minister, was the head of algorithms at heads-up display startup Guardian Optical Technologies. "The distributed workforce is getting bigger. And each of these introduces new security risk," Klein told TechCrunch in an email interview.