New Israeli Startup Act Security Raises $60M to Revolutionize Cloud Access Safety!

Act Security has launched with $60 million in funding, challenging traditional security approaches by advocating for reduced cloud access instead of incessant patching. Founded by Medigate's team, it identifies increasing vulnerabilities as a major threat. The company aims to tackle dormant access issues by enforcing strict permissions and simulating changes to enhance security. Key investors include Team8 and Bessemer Venture Partners.