Act Security reveals $40m Series A as total funding reaches $60m
Notable Capital leads the Series A after a $20m seed backed by Team8 and Bessemer Venture Partners.
Two rounds disclosed at the platform launch
Act Security emerged from stealth with $60m raised across two rounds. Its $40m Series A was led by Notable Capital, with Startpoint Capital and SVCI participating.
The earlier $20m seed was led by Team8 and Bessemer Venture Partners, alongside Hetz Ventures and Claltech. The July announcement also launched the cloud-security platform. Its founders previously built Medigate, which Claroty acquired; the new company applies that team’s experience to cloud access boundaries.