A new player has entered the cybersecurity arena, aiming to address the growing challenges organizations face in protecting their data from unauthorized access and leaks. MIND, a data loss prevention platform, has emerged from stealth with a solution that offers both visibility into data risks and proactive measures to prevent data leaks.
With the exponential growth of data within organizations, the need for effective data protection measures has never been greater. The sheer volume and variety of data, which can range from sensitive personal information to proprietary business data, make it difficult for organizations to maintain control and ensure data security.
MIND’s platform is designed to provide organizations with the tools they need to discover and classify sensitive data across various IT workloads, from SaaS applications to on-premises systems. By integrating artificial intelligence and smart automations, MIND enables customers to identify, detect, and prevent data leaks in real-time.
According to the company, MIND’s AI-powered platform utilizes hundreds of tailored algorithms and a proprietary AI engine to accurately classify and categorize sensitive unstructured data. By understanding the context of the data and assessing the severity of risks, MIND’s platform can take automated prevention and remediation actions to safeguard critical information.
The founding team behind MIND brings a wealth of experience in the cybersecurity industry. Co-founders Eran Barak, Itai Schwartz, and Hod Bin Noon have backgrounds in companies like Hexadite, Torq, Axonius, and Dazz, where they specialized in areas such as threat detection, vulnerability remediation, and AI-based cybersecurity solutions.
In support of its launch, MIND announced that it has secured $11 million in seed round funding from investors including YL Ventures and several individual backers. This financial backing will enable MIND to further develop its platform, expand its customer base, and strengthen its position in the competitive cybersecurity market.
As organizations continue to grapple with the challenges of securing their data in an increasingly complex and interconnected IT landscape, solutions like MIND’s data loss prevention platform will play a crucial role in helping them protect sensitive information and mitigate the risk of data breaches. By offering a comprehensive approach to data security that combines AI-driven insights with automated protection measures, MIND aims to empower organizations to safeguard their most valuable assets from potential threats.