MIND Raises $72 Million To Rebuild Data Loss Prevention For The AI Era
Companies now use AI tools like ChatGPT and internal AI agents that can read and move data on their own. While this sounds great, it creates a huge new problem The post MIND Raises $72 Million To Rebuild Data Loss Prevention For The AI Era appeared first on Ventureburn .
MIND has successfully secured $72 million in Series B funding to develop a cutting-edge data loss prevention (DLP) platform tailored for the AI era. This investment, led by Crosspoint Capital Partners with participation from YL Ventures and Paladin Capital Group, brings the company's total funding to $112 million. MIND, founded in 2023 by Eran Barak, Itai Schwarz, and Hod Bin Noon, aims to tackle the growing challenges posed by AI tools like ChatGPT and internal AI agents that can autonomously read, move, and transmit sensitive data.
The startup's AI DLP agents autonomously handle the day-to-day tasks of running a DLP program, building custom classifiers, drafting policies, investigating incidents, and tuning rules, all without requiring constant manual intervention from security teams. With a strong focus on AI governance, MIND plans to unify DLP across various platforms, including endpoint, SaaS, generative AI, on-premises, email, and agentic AI, creating a comprehensive solution that addresses the unique needs of the AI-driven business landscape.
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