Australian cloud security firm Circumvent bags $6m

Circumvent

Australian cloud security company Circumvent has raised $6m in seed funding to accelerate its AI-driven platform aimed at transforming how enterprises handle security alerts and remediation.

According to Security Week, the round was led by Paladin Capital Group, a global investor known for backing early-stage cyber and national security-focused firms.

Circumvent’s platform leverages artificial intelligence to correlate and enrich security alerts from diverse sources—including cloud providers, open-source platforms, and third-party security tools. By aligning alerts with real-time business context, it enables enterprises to filter out noise, prioritise actual risks, and streamline remediation through intelligent automation.

The funding will be used to drive product development and strengthen customer engagement. The company plans to retain its R&D operations in Australia while setting up a commercial headquarters in San Francisco, a strategic move aimed at expanding its presence in the US market and enhancing support for global clients.

Circumvent’s platform includes a Multi-Agent AI System that learns from a company’s environment and integrates remediation tasks into existing DevSecOps workflows. The system supports one-click fixes directly through customers’ code repositories and helps firms enforce tailored security policies aligned with compliance standards.

The firm is currently serving enterprise customers across the US, Australia, and New Zealand, and supports major cloud platforms including AWS, Azure, and Google Cloud.

Circumvent CEO and co-founder Michael Watts said, “Security and cloud teams are under immense pressure to move fast without increasing risk. We’re not just generating more alerts—we’re building the intelligence layer that helps teams understand what to fix, why it’s important, and how to take immediate action to resolve the root cause.”

Elsewhere, Coralogix, a full-stack observability platform provider that leverages AI to optimise system monitoring and performance analytics, recently secured $115m.

The Series E round was led by NewView Capital, with participation from Canada Pension Plan Investment Board (CPPIB) and NextEquity, a venture firm established by former Apple executives Avie Tevanian and Fred Anderson.

Existing investors including Advent International, Brighton Park Capital, Revaia, Greenfield Partners, Red Dot Capital Partners, O.G. Tech, Joule Capital Partners, and Maor Investments also returned to support the round, which brings Coralogix’s valuation above $1bn.

Founded to transform how businesses approach observability, Coralogix provides AI-driven tools that help DevOps and engineering teams gain real-time visibility into their systems. The company’s technology focuses on detecting anomalies, improving system reliability, and accelerating root cause analysis across complex environments.

With the new capital, Coralogix plans to expand its AI and security capabilities, including further investment into its AI research centre. The funds will also support the continued development of its new AI agent, Olly, which is designed to make observability insights more accessible across the enterprise.

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