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Data Center News > Blog > Investments > MIND Raises $11M in Funding
Investments

MIND Raises $11M in Funding

Last updated: October 30, 2024 11:11 pm
Published October 30, 2024
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Itai Schwartz, Co-Founder and CTO, Eran Barak, Co-Founder and CEO and Hod Bin Noon, Co-Founder and VP of R&D. Credit- Ohad Kab JPEG.. (1)
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MIND, a Seattle, WA-based firm which makes a speciality of information loss prevention (DLP), raised $11M in funding.

The spherical was led by YL Ventures with participation from cybersecurity leaders at Adobe, ADT, CrowdStrike, and FireEye. 

The corporate intends to make use of the funds to broaden operations and its improvement efforts.

Led by CEO Eran Barak, MIND is a supplier of an clever DLP platform that integrates AI and good automations for a complete information safety resolution that determine, detect, and stop information leaks at machine pace. On the core of the platform is MIND AI which places DLP and insider threat administration (IRM) applications on autopilot to autonomously monitor billions of knowledge occasions 24×7 in real-time, decreasing false positives and noisy alerts, and successfully streamlining headcount wanted. It’s fabricated from a whole lot of algorithms and a proprietary AI engine to categorise and categorize delicate unstructured information perceive context-aware enterprise views to find out threat severity, and take automated prevention and remediation actions.

MIND repeatedly discovers and classifies delicate information throughout varied IT workloads together with SaaS and Gen AI apps, endpoints, on-premises techniques, and emails, guaranteeing a whole stock of knowledge, customers, and actions.

FinSMEs

30/10/2024

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See also  GIST Impact Receives Investment From UBS Next
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