MIND, the AI-native data loss prevention startup, has closed a $72 million Series B funding round led by Crosspoint Capital Partners to accelerate a platform pitched as "Stress-Free DLP" for the generative-AI era. Existing investors YL Ventures and Paladin Capital Group joined the round, which was announced on September 17, 2026 and brings the Seattle-based company's total funding to $112 million.
Why enterprises are buying AI-era DLP
Data loss prevention has been a fixture of enterprise security stacks for a decade, but the arrival of ChatGPT-style copilots and agentic workflows has upended the assumptions underneath it. Employees now paste code, contracts and customer records into LLM prompts across dozens of tools, often outside the network perimeters legacy DLP was built to police. MIND's pitch is that discovery, classification, detection, remediation and prevention should each be run by autonomous AI agents rather than static policies maintained by overstretched security teams.
The company says it has grown revenue 17x and customers 8x over the past year, with the platform now protecting data across SaaS, GenAI tools, endpoints and email. Co-founder and CEO Eran Barak, previously an executive at Hexadite (acquired by Microsoft) and Siemplify (acquired by Google), argues that traditional DLP tools cannot keep pace with data that moves at machine speed into third-party models.
Who is backing the round
Crosspoint Capital, a cybersecurity-focused growth fund run by Greg Clark and Ian Loring, is leading the Series B. Israeli seed specialist YL Ventures and Washington-based Paladin Capital Group, which invests across dual-use cyber and defense technology, both re-upped from earlier rounds. The trio have collectively backed some of the most active names in enterprise security, and MIND's AI-DLP thesis puts it in the same neighborhood as recent bets on agent-security platforms like Zenity and AI-agent governance startups such as Hush Security.
What the money is for
MIND plans to spend the new capital on go-to-market expansion, deeper coverage of GenAI copilots and expansion of its AI agent library beyond DLP into insider risk, third-party risk and shadow-AI discovery. The company also says the Series B will fund partnerships with hyperscalers that already ship built-in DLP but face growing customer demand for AI-context-aware controls layered on top.
The raise lands in an active week for AI security investing, following Hackuity's $19 million Series B for AI-driven vulnerability triage and coming amid rising defense spending on AI infrastructure that includes the Army's $192 million TITAN production award to Palantir and Anduril.
Reporting based on coverage from PR Newswire, SiliconANGLE, Unite.AI and Fintech Global.