๐ฉบ Bessemer Backs Act Security's $60M Emergence From Stealth to Fix Cloud Access Sprawl
Act Security โ founded by the team behind Medigate (acquired by Claroty for $400M) โ emerged from stealth with $60M in total funding across a seed and Series A.
โข The platform eliminates excess cloud access paths before they become attack surfaces, arguing AI agents now exploit access at machine speed, not human speed.
โข Bessemer backed the company from its $20M seed (with Team8) through its $40M Series A (led by Notable Capital), closed just four months later.
โข Maps access controls directly to NIST 800-53, PCI DSS, and HIPAA, turning compliance into a continuous byproduct rather than a quarterly scramble.
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