logo
logo

Recolabs Raises $30M To Prevent Sensitive Data Leaks

Jun 03, 2022about 3 years ago

Amount Raised

$30 Million

Navigation And MappingConsumer GoodsOther

Description

RecoLabs, 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 that the proceeds will to toward product development and supporting the company’ go-to-market efforts.

Company Information

Company

Reco Labs

About

The platform creates a “business collaboration map” that ostensibly shows where an incident occurred, which parties were involved, and the details of remediation actions. RecoLabs is Klein’s second venture after Kwik, an internet of things platform for “connected customer experiences.”

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech