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MIND Security raises $72M in Series B led by Crosspoint Capital Partners, tripling valuation to $300M. The cybersecurity company plans to reach unicorn status.

PRIVATESep 17, 2026•about 3 hours ago

Amount Raised

$72 Million

Round Type

Series B

IsraelSoftwareArtificial IntelligenceCyber SecurityAnalyticsMachine Learning

Investors

Paladin Capital GroupYl VenturesCrosspoint Capital Partners

Description

MIND Security, a cybersecurity company founded in 2023, has raised $72 million in Series B funding, one year after a $30 million Series A round. The round was led by Crosspoint Capital Partners, which invested approximately $35 million, with participation from existing investors YL Ventures and Paladin Capital Group. The company's valuation has tripled to $300 million, and it has achieved over 1,700% revenue growth and 800% customer growth in the past year. MIND employs approximately 70 people across Israel and the U.S., with a focus on data loss prevention and AI-driven cybersecurity solutions.

Company Information

Company

MIND Security

Location

Israel

About

MIND Security is a cybersecurity company specializing in data loss prevention (DLP) with an AI-native platform designed for GenAI and agentic AI environments. Founded in 2023, the company has achieved $10 million in annual revenue run rate and employs approximately 70 people. MIND's platform enables organizations to discover, classify, and protect sensitive data in real time across billions of data events. The company was founded by experienced cybersecurity executives including Eran Barak, former co-founder of Hexadite (acquired by Microsoft), and has raised a total of $112 million.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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