MIND Raises $72 Million in Series B Funding
MIND has raised $72 million in a Series B funding round led by Crosspoint Capital Partners. This brings the company's total funding to $112 million, following its $30 million Series A last year. The investment will support MIND’s growth as it aims to lead the data loss prevention (DLP) market during AI-driven transformation. The funding comes at a pivotal time for DLP solutions, with AI increasing both risks and opportunities in securing sensitive data. In just one year, MIND has experienced over 17x revenue growth and 8x customer expansion. The company recently launched autonomous AI DLP Agents to streamline operations and was the first data security firm accepted into Anthropic's Cyber Verification Program. MIND is addressing a critical need as enterprises adopt AI at scale but struggle with outdated tools for securing sensitive information. With this funding, MIND plans to expand its market presence and accelerate development of its autonomous DLP platform.
