What Happened

MIND, an AI-native data loss prevention (DLP) company, announced a $72 million Series B funding round on September 17, led by Crosspoint Capital Partners. Existing investors YL Ventures and Paladin Capital Group also participated, bringing MIND's total raised to $112 million. The round comes just one year after its $30 million Series A.

Who Is Affected

MIND is headquartered in Seattle with a development center in Israel, serving enterprises struggling to secure data from GenAI and AI agent usage. The company reports 90% of enterprises now use GenAI, while 65% lack confidence in their AI data-security controls. MIND's platform has analyzed billions of data events across hundreds of thousands of endpoints.

Market Impact

MIND's rapid growth—revenue up 17x and customer base up 8x in the past year—signals strong demand for AI-native DLP solutions. The funding will support expansion, team growth, and partnerships. As organizations adopt AI agents, legacy DLP tools are proving inadequate, presenting an opportunity for modern alternatives.

• DLP is a massive, established market being reshaped by AI adoption.
• MIND was the first data security company in Anthropic's Cyber Verification Program.
• The company is hiring and expanding partnerships, creating sales entry points.

What to Watch

MIND's team growth and partnership development will create needs for sales enablement, HR tech, and dev tools. Its acceptance into Anthropic's program and ISO/IEC 42001 certification for responsible AI could accelerate enterprise adoption. Competitors may respond with similar AI-native DLP offerings.

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