News
Agent Governance · AI Security · Enterprise AI · Series A
Arcade.dev secured $60 million in Series A funding, led by SYN Ventures with strategic investments from Morgan Stanley and Wipro, bringing its total financing to $72 million to address the critical security and governance challenges of AI agents in production environments.
The company aims to solve the "action layer" problem, ensuring AI agents can securely and reliably perform actions within enterprise systems by enforcing policies, executing actions with optimized tools, and governing every interaction with an audit trail. Arcade.dev highlights its unique approach, contrasting it with "AI-washing" by API gateway and identity vendors, and emphasizes its agnostic control layer that partners with model companies like Anthropic and hyperscalers such as AWS, Azure, and GCP.
Jay Leek joins the board, and Arcade.dev reports a 25x increase in tool call volume over the last six months, signaling strong market adoption for its solution. The funding will accelerate tool development, governance capabilities, and market reach.
