Israeli Cybersecurity Startup MIND Raises $72 Million Series B

MIND, an Israeli cybersecurity startup, has raised $72 million in a Series B round led by Crosspoint Capital Partners, with YL Ventures and Paladin Capital Group also participating. The company said the financing brings its total funding to $112 million after revenue grew more than 17-fold and its customer base expanded eightfold during the past year. MIND plans to use the new capital to accelerate its AI-native data-loss-prevention platform, broaden its enterprise-market presence, deepen partnerships and scale its team as companies adopt more artificial intelligence tools.