MIND, an AI-native data loss prevention (DLP) platform, has raised $72 million in Series B funding.
The round was led by Crosspoint Capital Partners, with participation from existing investors YL Ventures and Paladin Capital Group. The latest funding brings MIND’s total capital raised to $112 million.
The funding comes one year after the company’s $30 million Series A round. MIND plans to use the new capital to expand into key enterprise markets, strengthen technology and channel partnerships, and grow its team.
“Security leaders are being asked to protect data that moves at AI speed with complex, manual and incomplete tools designed for a slower world,” said Eran Barak, Co-Founder and CEO of MIND. “DLP is a massive, established market, but it was not built with AI in mind. AI is accelerating the problem, giving people and autonomous systems new ways to access and move sensitive data at unparalleled speed. It also gives us the technology to reinvent how that data is protected. We believe this is the moment to redefine DLP and build MIND as the leader in data security for the AI era. In less than two years since emerging from stealth, we’ve built an eight-figure revenue business trusted by dozens of customers. Our results, and this funding, put MIND among a select group of cybersecurity companies scaling at this pace, but what matters most is how this will accelerate our growth and bring Stress Free DLP to every enterprise working to achieve AI governance and security.”
“As we expand our staff’s use of AI, protecting patient information without slowing innovation is essential,” said Conrad Band, CIO of Children’s Hospital Los Angeles. “MIND lets us discover and block protected health information from entering AI tools across our endpoints without any performance impact. It’s given our team the confidence to keep moving forward with AI adoption while keeping patient data protected.”
“MIND delivers on ‘Stress Free DLP’,” said Mark DeCarlo, Sr. Manager Security Engineering and Technology of National Geographic Society. “We use MIND to identify and label sensitive documents and restrict public sharing. It’s giving us something we didn’t have before, which is visibility into where and when our data interacts with AI agents. It’s become a key part of how we protect data across our organization.”
MIND helps organizations discover, classify, monitor, and protect sensitive data across SaaS platforms, GenAI, AI agents, endpoints, emails, and on-premise systems.
The company says it has achieved more than 17x revenue growth and 8x customer growth over the past year. Its platform has analyzed billions of data events in real time and helped prevent sensitive data loss across hundreds of thousands of endpoints.
“AI is fundamentally changing data security, increasing the importance of a unified approach to DLP that can help protect sensitive data wherever it lives or moves,” said Zach Sivertson, Managing Director at Crosspoint Capital Partners. “Since our Series A investment and MIND’s selection as an RSAC Innovation Sandbox finalist, MIND has demonstrated strong momentum. That progress has further strengthened our conviction in the company. We’re proud to lead this Series B and deepen our partnership with MIND as it helps enterprises reimagine how they protect sensitive data in the AI era.”
MIND has also launched AI DLP Agents, designed to automate day-to-day data loss prevention tasks.
The company will use the Series B funding to further develop its autonomous DLP platform and help enterprises manage data security risks as AI adoption continues to grow.
