RecoLabs
Leverages business context to protect sensitive assets shared through Slack, Jira, Microsoft 365, Google Workspace, and more.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
* | $30.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 43 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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RecoLabs.ai is a Software as a Service (SaaS) security platform that provides organizations with comprehensive visibility and control over their entire SaaS environment. The company operates in the cybersecurity market, serving clients who use SaaS applications and need to ensure their security and compliance.
RecoLabs.ai's business model is based on providing a subscription-based service that allows clients to monitor and manage their SaaS applications. The platform identifies potential security risks, such as misconfigurations, excessive privileges, and unauthorized access. It also helps clients maintain compliance with various standards, including SOC 2, ISO 27001, CIS, NIST, and PCI.
The platform is designed to be non-intrusive, connecting to the client's SaaS environment via API and analyzing each layer across applications, identities, and metadata. This approach eliminates the need for software deployment or agents, making it easy for clients to onboard new apps without creating unnecessary risk.
RecoLabs.ai's revenue comes from the subscription fees paid by its clients. The company's value proposition is its ability to reduce the number of false positives, allowing security teams to focus on real threats. This efficiency is a significant selling point for clients, as it saves them time and resources.
Keywords: SaaS security, cybersecurity, compliance, API connection, non-intrusive, subscription-based, false positives reduction, efficiency, visibility, control.