Tech Company Financing Transactions
RecoLabs Funding Round
Insight Venture Partners, Zeev Ventures and Angular Ventures invested in a $30 million Series A funding round for RecoLabs. The financing round was announced on 6/3/2022.
Transaction Overview
Company Name
Announced On
6/3/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series A
Investors
Insight Venture Partners (Lead Investor)
Zeev Ventures (Lead Investor)
Proceeds Purpose
Reco is positioned well to lead the next generation of security solutions that focuses on enabling business while dramatically saving money and effort
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Yehuda ha Levi Street 106
Tel Aviv Yafo, Undisclosed
Israel
Tel Aviv Yafo, Undisclosed
Israel
Phone
Undisclosed
Website
Email Address
Overview
We believe that cloud collaboration tools have fundamentally changed the way modern organizations create business value. Attempting to secure these tools with techniques that were developed for legacy on-premise systems restricts collaboration, and misses a broad range of security events. Only by understanding the complete business context of an interaction, can security analysts identify, interpret, and determine the best way to respond to potential threats. Reco provides this business context.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ofer Klein
Chief Scientific Officer
Tal Shapira
Chief Technical Officer
Gal Nakash
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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