MIND

Cybersecurity · Data Security · AI

Funding

MIND raises $72M Series B, tripling valuation to $300M for AI DLP

AI agents now move sensitive company data instantly, leaving no human click for legacy DLP tools to catch.

• MIND raised $72 million in a Series B led by Crosspoint Capital Partners, with YL Ventures and Paladin Capital Group returning, bringing total funding to $112M just a year after its $30M Series A.
• Founded in 2023, Seattle-based MIND builds an AI-native data loss prevention platform; CEO Eran Barak previously founded Hexadite, sold to Microsoft in 2017.
• MIND unifies DLP across endpoint, SaaS, email, on-premises and agentic AI systems using multi-layer classification, with AI agents that investigate incidents and tune policies without human intervention.
• MIND says revenue grew more than 17-fold and its customer base grew eightfold over the past year, reaching an eight-figure revenue run rate less than two years after emerging from stealth.
• Market sources estimate the round values MIND at about $300 million, roughly tripling its valuation from the Series A a year earlier, with Crosspoint investing about $35 million of the new round.
• Coverage notes a gap in MIND's model: when AI agents act under a service account rather than a named user, security teams lose the option to prompt and are left only with blocking the action outright.
• As AI agents increasingly move and transform sensitive data without human oversight, legacy DLP tools built for predictable human workflows are becoming obsolete, opening a large market opportunity MIND is racing to claim.