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Modus Secures $10 Million Seed Funding for Enterprise AI "Context Warehouse"
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PANews July 29th news, according to The Next Web, enterprise AI infrastructure company Modus has completed a $10 million seed round of financing. Investors include Insight Partners, Soma Capital, Bullet Ventures, as well as Eyal Kishon, Nadav Avrami, executives from Wix and Dazl, co-founder of Cyera, and the founding team of Epsagon. Modus has launched "Context Warehouse," which learns the actual usage and permission relationships of enterprises in data warehouses, BI, code repositories, and collaboration systems to orchestrate the most relevant context for each AI interaction. It claims to reduce retrieval and token costs by up to 10 times and has built-in security and governance to support the deployment of large-scale AI agents.