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