---
title: "MIND Raises $72M Series B — DLP Rebuilt for GenAI and Agents"
description: "Crosspoint Capital led MIND’s $72M Series B ($112M total). Ctech cites ~$300M mark and ~$10M ARR run rate — who uses AI-native DLP and why a cyber specialist led."
date: 2026-09-17T00:00:00.000Z
source: https://venturecapitaltracker.com/2026-mind-72m-series-b-crosspoint-dlp
---

# MIND Raises $72M Series B — DLP Rebuilt for GenAI and Agents

> Crosspoint Capital led MIND’s $72M Series B ($112M total). Ctech cites ~$300M mark and ~$10M ARR run rate — who uses AI-native DLP and why a cyber specialist led.

**MIND** raised a **$72 million Series B** announced **September 17, 2026**, led by **Crosspoint Capital Partners**, with **YL Ventures** and **Paladin Capital Group** returning. Company-disclosed total funding is now **$112 million**.

classic DLP was built for email and endpoints; GenAI and agents moved sensitive data into channels legacy tools barely see — MIND is selling that rewrite, with named healthcare and media buyers.

## Key facts

| Field | Detail |
| --- | --- |
| Company | [MIND](/startup/mind-security) — Seattle HQ; R&D in Israel |
| Round | **$72M** Series B · **$112M** total (company) |
| Date | September 17, 2026 |
| Lead | Crosspoint Capital Partners (~**$35M** of the round per Ctech) |
| Returning | YL Ventures, Paladin Capital Group |
| Prior | **$30M** Series A ~1 year earlier (company) |
| Valuation | **Not in PR.** Ctech / company sources: ~**$300M** |
| Revenue | PR: **17×** revenue / **8×** customers YoY; “eight-figure.” Ctech: ~**$10M** ARR run rate |
| Named customers | Children’s Hospital Los Angeles; National Geographic Society |
| Use of proceeds | Product (Stress Free DLP / AI DLP Agents), enterprise GTM, partnerships, hiring |

## Who uses the product — and for what job

**Users:** security and IT leaders who must let staff use ChatGPT-class tools and agents **without** leaking PHI, IP, or regulated content.

**Jobs:**

- Discover and classify sensitive data across SaaS, GenAI, agents, endpoints, shares, email
- Autonomously investigate / remediate / block via AI DLP agents
- Keep AI adoption moving (hospital CIO framing) while blocking PHI into AI tools

CHLA’s CIO quote is the buyer voice: protect patient data **without** performance hits that kill AI pilots. NatGeo’s quote is the media/IP variant — label documents and see when data touches AI agents.

## Why now

- Company PR cites industry stats it attributes to the AI-adoption wave (90% GenAI deployment; weak confidence in AI data controls) — treat as cited context, not MIND’s own metrics.
- Round timing is **~12 months** after Series A — Crosspoint doubling down after an RSAC Innovation Sandbox finalist path (company + Ctech).
- Ctech’s ~**$10M** ARR run rate against a ~**$300M** reported mark is the diligence tension: strong growth claims, still early absolute revenue.

## Why Crosspoint — portfolio fit

**Crosspoint** is a cybersecurity specialist (Ctech notes Greg Clark / Symantec lineage; portfolio names like McAfee and Forescout). Leading ~half the round (Ctech) after a smaller prior check is a **category-define** bet on AI-native DLP, not a generalist SaaS spray.

**YL Ventures** and **Paladin** returning keep Israeli cyber continuity and prior diligence.

**

| Investor type | What they bring |
| --- | --- |
| Crosspoint | Cyber underwriting + Series B size |
| YL / Paladin | Prior-round continuity; Israel/US cyber network |

**Strategic rationale:** pick a lead that already lives in enterprise security budgets, keep existing holders whole (Ctech: no secondary), and raise enough to hire into US enterprise markets without selling the company early.

## Competitive map

| Player | Lane |
| --- | --- |
| Legacy DLP (Symantec/Broadcom, Forcepoint, Microsoft Purview) | Broad suites; slower AI-channel coverage |
| DSPM / data security startups | Overlap on discovery; MIND pitches unified DLP + IRM autopilot |
| [Upwind](/2026-upwind-300m-series-c-3-8b) / cloud CNAPP | Cloud workload security — adjacent, not classic DLP |
| [Guardio](/2026-guardio-40m-1-1b-consumer-cyber) | Consumer cyber — different buyer |

## Missing / labeled carefully

- Valuation and ARR are **Ctech-attributed**, not in the PR Newswire release.
- “Dozens of customers” vs “hundreds of thousands of endpoints” — different denominators; do not invent logo count.
- Founded **2023** per Ctech (Hexadite / Unit 8200 pedigree) — use that over marketing adjectives.

## Practical takeaway

- **Founders (cyber):** Named regulated buyers beat “AI security” slogans.
- **Investors:** Separate company growth multiples from absolute ARR; ask for GenAI-channel false-positive rates.
- **CISOs:** Ask whether the tool sees **agent** and **SaaS** paths, not only email DLP policies from 2018.

### Sources

1. MIND PR Newswire (Sep 17, 2026): https://www.prnewswire.com/news-releases/mind-raises-72m-series-b-funding-to-bring-complete-dlp-to-the-ai-era-302881118.html
2. Ctech: https://www.calcalistech.com/ctechnews/article/hklf44yygl
3. Globes: https://en.globes.co.il/en/article-israeli-data-loss-prevention-co-mind-raises-72m-1001556772
4. Related: [/startup/mind-security](/startup/mind-security) · [day index](/2026-september-17-18-investment-news-crusoe-mind-kastle)

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.
