Arcade Raises $60 Million to Control AI Agents
Arcade Raises $60 Million to Control AI Agents
https://www.pymnts.com/news/investment-tracker/2026/arcade-raises-60-million-to-control-ai-agents/
Publish Date: 2026-06-15 16:38:00
Source Domain: www.pymnts.com
- Arcade.dev secured $60 million in a Series A funding round to expand its secure action layer for AI production agents.
- The funding will be utilized for product development, ecosystem expansion, and hiring to facilitate enterprise AI deployment scaling from pilot to production use.
- The secure action layer ensures authorization, reliability, and governance for AI agents, maintaining an audit trail of all actions.
- Arcade raised $72 million in total funding, following a $12 million seed round in 2025.
- The latest funding round was led by SYN Ventures, with involvement from Morgan Stanley and Wipro.
- Jay Leek highlighted the infrastructure gap in enterprise agent deployment and touted Arcade’s expertise in production realities.
- Alex Salazar emphasized the challenge of controlling AI agent actions and Arcade’s competitive edge to solve this challenge.
- The company intends to use the funding to accelerate tool development, governance enhancements, and to maintain its leadership in market recognition.