MIND team (from website)
MIND, a new Israeli startup that just came out of stealth, calls itself the upcoming leader in data loss prevention (DLP), and boasts a breakthrough platform to enable organizations to protect their most sensitive data. MIND raised $11 million in seed round funding led by YL Ventures with participation from leaders at public cybersecurity companies.
An intelligent data loss prevention (DLP) platform is a cybersecurity solution that leverages artificial intelligence (AI) and machine learning (ML) to automatically identify, classify, and protect sensitive data across an organization’s IT environment.
In today’s digital age, the threat of data breaches looms larger than ever. The exponential growth of data, fueled by diverse applications, remote workforces, and the rise of generative AI, has created a complex landscape for data security. With unstructured data surging at an unprecedented rate, organizations face the daunting task of protecting sensitive information scattered across various platforms and formats.
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Traditional DLP solutions struggle to keep pace with this evolving threat landscape. Their reliance on static policies and basic classification methods often falls short in identifying and safeguarding sensitive data within unstructured files. The lack of visibility, context, and risk assessment further exacerbates the challenge, leaving organizations vulnerable to data loss and security breaches.
MIND was founded in 2023 by Eran Barak, who previously founded Hexadite which was later acquired by Microsoft, Itai Schwartz, Co-Founder and CTO, who was the first employee at Torq, a security automation startup, and at Axonius, an asset management unicorn startup, and Hod Bin Noon, Co-Founder and VP of R&D, who was the first employee at Dazz, specializing in real-time vulnerability detection and remediation. The co-founders have decades of cyber experience and served in leadership roles in the prestigious Israeli Military Intelligence Unit 8200.
MIND is on a mission to help organizations thrive in a digital world in the AI era by protecting their most sensitive information. MIND is the first-ever data security platform that puts data loss prevention (DLP) and insider risk management (IRM) programs on autopilot to automatically protect sensitive information, mitigate risk, and preserve brand reputation.
“As billions of records get leaked every year, we recognize it as one of the major pain points for companies and a problem lacking a comprehensive and simplified data security solution for the era of AI,” said Eran Barak, Co-Founder and CEO of MIND. “MIND enables organizations to mind what really matters by taking a new approach to data security that uniquely melds both the visibility of data risks and the actionability of stopping data leaks – holistically addressing sensitive data at rest, in motion, and in use. Our customers have dramatically reduced the resources needed to implement effective DLP programs that truly deliver on both security and compliance needs, leading to much greater efficiency and productivity.”
