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Arcade Raises $60M to Become Secure Action Layer for Production AI Agents


Arcade Raises $60M to Become Secure Action Layer for Production AI Agents
  • by: Business Wire
  • |
  • June 16, 2026

Arcade.dev, the secure action layer for production AI agents, today announced $60 million in Series A funding led by SYN Ventures, with strategic investment from Morgan Stanley and Wipro. Combined with the $12 million seed in 2025, this brings Arcade to $72 million in total funding to tackle the massive problem every enterprise faces today. Every enterprise is racing to put agents in production. Almost none get there. Security teams can't answer which agent took which action, on behalf of which user, against which system.

Quick Intel

  • Arcade raises $60M Series A led by SYN Ventures with Morgan Stanley and Wipro investment.

  • Total funding $72 million combined with $12 million seed.

  • Arcade authored MCP authorization specification adopted by Anthropic.

  • Tool call volume up 25x in six months.

  • 8,000+ MCP tools purpose-built for agent usage.

  • Customers include top US bank, Prosus, and LangChain.

CEO Perspective

The market has answered with MCP gateways and integration providers, but a gateway routes traffic. It doesn't authorize, execute, or govern an action. Agents stay stuck in pilot. Arcade built the secure action layer that gets them unstuck.

"Agents don't fail in production because the model is wrong," said Co-founder and CEO Alex Salazar. "They fail because nobody can prove that for any given action by an agent, whether that agent on behalf of that user can perform that action on that resource. That's what we built."

Investor Perspective

Arcade authored the MCP authorization specification adopted by Anthropic and is the only one running in production at the world's largest banks and global enterprises, including a top US bank, Prosus, and LangChain. Tool call volume is up 25x in six months. Arcade has shipped more tools designed for delegated user authorization than the rest of the ecosystem combined.

"Every wave of enterprise software has eventually hit the same wall, where adoption outruns the infrastructure that makes it safe. Agents are at that wall right now. Arcade is the only company we've seen that built for the production reality from day one, which is why every serious enterprise agent deployment is going to run through them," said Jay Leek, Arcade Board Director & Managing Partner at SYN Ventures.

Arcade Solves Three Key Problems

Arcade solves the three reasons enterprise agents don't make it to production:

Authorization. Agents get the access the user has, only for the action they're taking. No standing permissions, no overprivileged service accounts, no leaked PII or data loss, no blast radius when an agent hallucinates.

Reliability. 8,000+ MCP tools purpose-built for the way agents actually use them, not API wrappers. Fewer failed actions, lower token bills.

Governance. A complete audit trail of every action: which agent, on behalf of which user, against which resource.

Morgan Stanley Investment Perspective

"As enterprises increasingly utilize AI agents across their operations, Arcade has developed the infrastructure to help ensure proper authorization and governance. We are pleased to be investing in this round to support the company's growth and continued development," said Zheng Wang, Head of Strategic Investments at Morgan Stanley.

Team and Future Plans

Arcade is built by the team behind the identity, data, and integration layers that became Fortune 500 standards at Okta, Redis, MongoDB, Snowflake, and Airbyte. The new funding will accelerate product development, ecosystem growth, and hiring as enterprise agent deployment scales from pilots to thousands of production workflows.

About Arcade.dev

Arcade.dev is the secure action layer for production AI agents. Arcade authored the MCP authorization spec and runs agent actions in production across the Fortune 500.

  • AI Agent SecurityEnterprise AIAuthorization
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