MIND Secures $30M Series A for AI-Driven Data Loss Prevention

MIND has raised $30 million in Series A funding to enhance its AI-powered data loss prevention platform, led by Paladin Capital Group and Crosspoint Capital Partners.

MIND has raised $30 million in Series A funding to advance its autonomous data loss prevention platform, announced in a press release. The funding round was led by Paladin Capital Group and Crosspoint Capital Partners, with participation from Okta Ventures and YL Ventures.

The Seattle-based company, which emerged from stealth just seven months ago, has already achieved significant traction among Fortune 1000 companies. MIND's platform uses AI to autonomously manage data loss prevention and insider risk management, reducing false positives and enabling real-time threat detection.

With this new funding, MIND plans to double its research and development and go-to-market teams by the end of the year, further enhancing its capabilities to protect sensitive data across diverse industries.

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