SecurityWeekIonut Arghire
AI DLP Startup MIND Raises $72 Million to Secure Data in Motion
Seattle-based data loss prevention startup MIND has raised $72 million in a Series B funding round, taking its total funding to $112 million. Crosspoint Capital Partners led the investment, with existing backers YL Ventures and Paladin Capital Group also participating. MIND emerged from stealth in 2024.
The company offers an AI-native DLP platform designed to detect and block data-exfiltration attempts in real time across enterprise environments, including email, endpoints, generative AI and software-as-a-service deployments. It uses multi-layer classification to assess both content and context, while AI agents investigate events, tune policies and help address identified issues. MIND said it will use the new funding to accelerate platform development, expand into key enterprise markets, strengthen partnerships and grow its team.
Co-founder and chief executive Eran Barak said organisations are being asked to protect data moving at “AI speed” with tools designed for a slower environment. He said artificial intelligence is creating new ways for people and autonomous systems to access and move sensitive data, while also providing technology that could reshape how it is protected. The announcement describes MIND’s capabilities and plans, but does not report a specific data breach or confirmed exploitation incident.