MIND, a Seattle-based data loss prevention startup, has raised $30 million in Series A funding to strengthen its research and development and expand its market presence, reports SecurityWeek. The round was led by Paladin Capital Group and Crosspoint Capital Partners, with participation from Okta Ventures and YL Ventures, bringing the company’s total funding to $41 million.Founded in 2023, MIND focuses on modernizing data loss prevention with a platform that uses artificial intelligence and automation to secure sensitive information. The system is built to detect and block both malicious and accidental data exfiltration attempts in real time, addressing insider risk across a variety of environments.What sets MIND’s offering apart is the integration of data security posture management and DLP into a single product. This enables organizations to automatically discover sensitive data, assess risk, and stop data leaks across endpoints, SaaS apps, email, on-prem systems, and generative AI tools. The platform has been adopted by multiple Fortune 1000 firms and is deployed across hundreds of thousands of endpoints.With the latest funding, MIND plans to scale its engineering and go-to-market efforts, aiming to meet growing demand from enterprises navigating data protection in increasingly complex IT ecosystems. The company is positioning its platform as a solution for organizations seeking real-time, automated safeguards against data loss in the AI era.
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