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MIND's Journey to Transform Data Security

MIND™, a pioneering player in the realm of data loss prevention (DLP), has successfully secured $30 million in Series A funding, marking a significant milestone just seven months after emerging from stealth mode. This funding round was led by Paladin Capital Group and Crosspoint Capital Partners, and saw participation from Okta Ventures along with existing investor YL Ventures. With this latest influx of capital, MIND’s total raised funds have surpassed $40 million, which will be strategically allocated to bolster its growth and enhance its data security platform capabilities.

In a remarkable feat, MIND has achieved an astounding 500% customer growth in just a few months, catering to Fortune 1000 companies across various sectors. The startup has successfully thwarted data loss incidents at hundreds of thousands of endpoints by utilizing its proprietary endpoint agent, thereby underscoring its value proposition in today's data-centric business ecosystem.

Recently, MIND was recognized as one of the top 10 finalists in the prestigious 20th annual RSAC™ 2025 Conference Innovation Sandbox contest, highlighting its innovative approach in offering superior DLP solutions. Eran Barak, co-founder and CEO of MIND, expressed that their establishment aims to empower organizations to navigate the rapidly evolving landscape of sensitive data management amidst the AI era.

"Our rapid growth reflects a clear market shift toward smarter, faster, fully automated DLP solutions that effectively mitigate insider risks," stated Barak. He elaborated that this funding round serves as validation for both MIND's product offering and the market demand for cutting-edge data protection solutions. Backed by seasoned investors, MIND is poised to redefine the DLP sector, promoting secure innovation by expanding its research and development team and enhancing its market presence by the year’s end.

As unstructured data continues to proliferate, organizations increasingly find themselves hamstrung by traditional DLP tools. Legacy systems often rely on manual policy enforcement, leading to excessive false positives that hinder actual risk detection. The severe backdrop of data breaches affecting over 1.7 billion individuals in 2024 alone, with an average breach cost of $4.88 million, further accentuates the urgency for businesses to implement effective data security protocols. With insider risks on the rise—exacerbated by economic uncertainties and high-profile incidents involving corporate breaches—real-time protection against insider threats has become critical.

MIND tackles these challenges head-on as the first AI-native DLP platform, fundamentally reimagining data loss prevention and insider risk management processes. By harnessing machine-learning technologies, MIND's innovative platform autonomously identifies sensitive data, addresses data risk issues, and prevents data leaks with unparalleled speed and efficiency. The AI engine utilizes a unique data classification approach, significantly reducing false positives while enhancing overall data security posture.

By merging the functions of data security posture management and DLP in a singular platform, MIND's offerings are transformed into automated workflows enabling security teams to take proactive measures with minimal manual intervention. The cornerstone of MIND’s technology is its capability to immediately detect and stop potential data exfiltration attempts, whether malicious or accidental, ensuring sensitive information remains protected within organizational confines.

Gibb Witham, Senior Vice President at Paladin Capital Group, emphasized the necessity for modern solutions that can address the challenges posed by sensitive data proliferation in the AI landscape. Witham noted, "MIND’s solution is timely, addressing both the posture and prevention of data losses in real time. Under Eran's leadership, the team has established itself as a vanguard in enterprise data protection, redefining conventional DLP methods."

Echoing this sentiment, Greg Clark, Managing Partner at Crosspoint Capital Partners, remarked on the inefficiency of existing DLP tools and the imperative for a modernized approach to data protection in the context of AI advancements.

As industry veterans and cybersecurity leaders, MIND’s founders are dedicated to evolving the DLP landscape. Justin Somaini from YL Ventures noted that the recent fundraise is indicative of a market on the brink of a new generation of data protection solutions tailored for the AI era. He affirmed, "MIND is strategically placed to lead this transformative wave in DLP with unparalleled vision and capability."

In addition to enhancing their platform, MIND remains committed to protecting enterprises from evolving threats and preserving brand integrity in this digital age. As organizations continue to wrestle with data security challenges, MIND's innovative solutions pave the way for secure business practices, ensuring that what matters most—their sensitive data—remains safeguarded.

For more details, please visit www.mind.io.