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description: Act Security has emerged from stealth with $60m in funding, founded by the team behind Medigate (sold to Claroty for ~$400m). The startup argues that patching...
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# Act Security exits stealth with $60m to kill the patch problem

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

Act Security has emerged from stealth with $60m in funding, founded by the team behind Medigate (sold to Claroty for ~$400m). The startup argues that patching is no longer viable as a primary security strategy — with ~59,000 new CVEs projected this year and AI accelerating vulnerability discovery. Instead, Act focuses on eliminating dormant cloud access (claiming ~97% of customer cloud permissions are unused) and enforcing least-privilege boundaries for users, workloads, and AI agents. The platform reasons over identity and network reachability together, simulates changes before applying them, and integrates with existing cloud controls. The $60m raise was led by Team8, Bessemer, Notable Capital, and Lux Capital, though Act enters a crowded market alongside incumbents in cloud posture management and entitlement management.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/act-security-stealth-60m-cloud-access-ai-agents>

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---

Tags: [#security](https://daily.dev/tags/security), [#cloud](https://daily.dev/tags/cloud), [#ai-agents](https://daily.dev/tags/ai-agents)

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