Mind Security Raises $72M for AI Data Protection

Mind Security Inc. has successfully closed a $72 million Series B funding round, signaling strong investor confidence in its mission to safeguard sensitive enterprise data amidst the rapid integration of artificial intelligence. The substantial capital infusion is earmarked for aggressive expansion into large enterprise markets, including significant investments in sales teams and the cultivation of strategic channel partnerships.

The company's innovative approach addresses a critical gap in traditional data loss prevention (DLP) solutions, which were designed for predictable, human-driven workflows. Mind Security argues that these legacy systems falter when faced with the speed and complexity of AI agents processing vast amounts of corporate information. Their platform offers a comprehensive solution by identifying, classifying, and controlling sensitive data across diverse environments, including SaaS applications, endpoints, and email communications. This proactive stance is crucial, as a recent study by the company revealed that 65% of enterprises lack confidence in their current data governance over AI systems.

Further enhancing its AI-native capabilities, Mind Security introduced a suite of AI DLP Agents in July. These agents are designed to automate the creation of custom classifiers, draft policy documents, and manage incident investigations, all directed through natural language commands via a Model Context Protocol interface. This empowers security leaders to manage data risks at the pace of AI, a significant departure from the manual and often incomplete tools previously available. As stated by co-founder and CEO Eran Barak, "DLP is a massive, established market, but it was not built with AI in mind."

The company has demonstrated remarkable growth, reporting a more than 17-fold increase in revenue and an eightfold expansion in customer base over the past year. While specific figures remain undisclosed, Barak indicated an eight-figure revenue stream and dozens of enterprise clients, with the software now deployed across hundreds of thousands of endpoints. Notable clients include Children’s Hospital Los Angeles, which utilizes the platform to protect patient health information from AI tools on staff devices, and the National Geographic Society, which employs it for sensitive document labeling and restricted sharing, providing crucial visibility into data interactions with AI agents.

Mind Security has also garnered significant industry validation. In May, it became the first data security vendor accepted into Anthropic PBC's Cyber Verification Program, enabling expanded security work. Additionally, the company holds the ISO/IEC 42001 certification for AI management systems, underscoring its commitment to robust AI governance. This latest funding round was led by Crosspoint Capital Partners, with continued support from existing investors YL Ventures Ltd. and Paladin Capital Group. This follows a $30 million Series A in June 2025 led by Paladin and Crosspoint, and an initial $11 million seed round in October 2024 from YL Ventures, bringing the total funding to $112 million.

Zach Sivertson, a managing director at Crosspoint Capital Partners, highlighted Mind Security's impressive trajectory since their initial investment, noting their strong performance, including recognition as a top 10 finalist in the 2025 RSAC Innovation Sandbox contest, as key factors in their continued conviction. The company's ability to secure this substantial funding in a competitive market underscores the urgent need for advanced data protection solutions tailored for the AI-driven future of business operations.