Seattle-based data loss prevention (DLP) company, MIND, has raised $11 million in funding to fuel its mission of delivering cutting-edge data security solutions powered by AI. This round, led by YL Ventures and supported by cybersecurity experts from Adobe, ADT, CrowdStrike, and FireEye, enables MIND to expand its operations and development initiatives.
- Funding and Leadership: MIND’s $11 million funding round is led by YL Ventures with support from industry leaders, positioning it for growth under CEO Eran Barak.
- Advanced DLP Platform: MIND’s intelligent DLP platform combines AI and automation to detect, categorize, and prevent data leaks in real-time, protecting organizations from data loss at machine speed.
- MIND AI Technology: The proprietary MIND AI engine leverages hundreds of algorithms to classify sensitive data, assess risks, and automatically mitigate threats, minimizing false positives and noisy alerts.
- Focus on Efficiency: The platform reduces operational burden by automating 24/7 data monitoring, streamlining staffing needs, and enhancing insider risk management (IRM) without compromising security quality.
MIND’s funding marks a new chapter in AI-powered data protection, where DLP solutions not only safeguard but streamline data security processes for maximum efficiency and reliability.
