Circumvent Secures $6 Million to Enhance Cloud Security
Deal News | Jun 15, 2025 | Paladin
Circumvent, a cloud security startup, has raised $6 million in early-stage funding from Paladin Capital Group to enhance its Multi-Agent AI System for proactive cloud security and remediation. The company, co-founded by Michael Watts and Thomas Bui, focuses on minimizing alert fatigue in cloud and security teams by utilizing AI and machine learning. This system correlates and enriches alerts, prioritizes risks, and allows precise remediation to be integrated into existing DevSecOps workflows. The funding will be used to accelerate product development, increase customer engagement, and establish a commercial headquarters in San Francisco, while maintaining its R&D hub in Australia.
Sectors
- Cloud Security
- Artificial Intelligence
Geography
- United States – Circumvent plans to establish its commercial headquarters in San Francisco for expanding into the US market.
- Australia – Circumvent is maintaining its R&D hub in Sydney, leveraging local engineering expertise.
Industry
- Cloud Security – Circumvent develops solutions for cloud security by building a proactive platform for handling security alerts and risks.
- Artificial Intelligence – The company's platform leverages AI and machine learning to improve the efficiency and effectiveness of cloud security and remediation.
Financials
- $6 million – The amount of early-stage funding raised by Circumvent from Paladin Capital Group.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Circumvent | Target Company | Company | A cloud security company developing a platform to minimize alert fatigue and optimize security risk management. |
| Paladin Capital Group | Investor | Company | A private equity firm investing in cybersecurity and secure AI companies, providing $6 million in funding to Circumvent. |
| Michael Watts | Co-founder and CEO | Person | Co-founder of Circumvent and former founder and CEO of Cloud Conformity. |
| Thomas Bui | Co-founder and CTO | Person | Co-founder of Circumvent with a background in banking, government, and Uber. |