Mind Security Secures $72 Million to Enhance Data Loss Prevention Solutions
Mind Security Inc., a startup specializing in data loss prevention (DLP), has successfully raised $72 million in new funding. This capital will enable the company to expand its focus on large enterprise accounts through strategic hiring and new channel partnerships.
Mind Security offers an innovative software solution that helps organizations identify and classify sensitive files across various environments, including software-as-a-service applications, endpoints, and email. The software not only inventories these files but also evaluates them based on content and context. It implements controls that can block risky activities or generate prompts for users detailing which data protection policies their actions may violate.
Traditionally, DLP products were designed for predictable workflows, which proved effective in human-operated environments. However, Mind Security highlights the challenges presented when artificial intelligence (AI) processes data autonomously. A recent report from the company indicated that 65% of enterprises lack confidence in their existing controls over the data that powers their AI systems.
Mind Security has automated several operational aspects of its DLP program. In July, the company launched AI DLP Agents that can create custom classifiers, draft policies, and investigate incidents autonomously. Security analysts can communicate with these AI agents using a Model Context Protocol interface, allowing for intuitive management of data security.
Eran Barak, co-founder and CEO of Mind Security, stated that security leaders face the challenge of protecting data that moves at the speed of AI with archaic, manual tools that were never designed for this fast-paced environment. He emphasized that although DLP is a significant and mature market, it has not kept pace with the advancements in AI technology.
The company’s growth trajectory has been remarkable. Mind Security reported a revenue increase of more than 17 times over the past year and an eightfold rise in its customer base, although specific figures were not disclosed. Barak noted that the software is now deployed across hundreds of thousands of endpoints in various organizations.
For example, Children’s Hospital Los Angeles uses Mind’s solution to prevent the exposure of protected health information to AI tools used on staff devices. Meanwhile, the National Geographic Society employs the software to classify sensitive documents and limit their public sharing. Mark DeCarlo, senior manager of security engineering and technology at National Geographic, expressed that the solution provides visibility into interactions between their data and AI systems.
Additionally, Mind Security has achieved a unique position in the market by gaining credentials that few data security firms possess. In May, it was the first company accepted into Anthropic PBC’s Cyber Verification Program, which enhances the dual-use security capabilities of vetted organizations. The company also holds ISO/IEC 42001 certification, focusing on AI management systems.
The Series B funding round was led by Crosspoint Capital Partners, with contributions from returning investors YL Ventures Ltd. and Paladin Capital Group. Mind Security, which initially launched in October 2024 with $11 million in seed funding, followed up with a $30 million Series A round in June 2025 led by Paladin and Crosspoint. After accounting for earlier financing rounds, the company’s total funding has reached approximately $112 million.
Zach Sivertson, managing director at Crosspoint, expressed confidence in Mind’s innovation and growth since the Series A round, noting the company’s notable performance as a top 10 finalist in the 2025 RSAC Innovation Sandbox contest.