MIND Raises $30 Million for Data Loss Prevention

Data loss prevention (DLP) provider MIND this week announced raising $30 million in Series A funding, which brings the total raised by the company to $41 million.

The new investment round was led by Paladin Capital Group and Crosspoint Capital Partners, with additional support from Okta Ventures and YL Ventures.

Founded in 2023, the Seattle, WA-based MIND emerged from stealth mode in October 2024 with a DLP platform that integrates AI and smart automations to protect customers’ sensitive data.

The platform provides real-time detection capabilities, instantly blocking malicious and inadvertent attempts to exfiltrate sensitive information from an organization’s environment.

By combining data security posture and DLP in a single product, the solution autonomously identifies sensitive data, addresses data risks, and stops data leaks across endpoints, email, SaaS, gen-AI applications, and on-premises systems.

According to MIND, its platform is used by numerous Fortune 1000 organizations and has already prevented data losses across hundreds of thousands of endpoints.

The company will use the new funding to expand its R&D and go-to-market teams and to enhance the capabilities of its data security platform.

“MIND was founded to help organizations thrive in the AI era and navigate the exponential growth of sensitive data in complex IT environments. Our rapid growth reflects a clear market shift toward smarter, faster, and fully automated approaches to DLP and insider risk,” MIND co-founder and CEO Eran Barak said.

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