Contextual AI, a cutting-edge technology company based in Palo Alto, California, has announced the successful completion of its recent funding round, raising an impressive $20 million. This significant investment comes from prominent venture capital firms including Greycroft, Bain Capital Ventures, and SVA.

Contextual AI is on a mission to revolutionize the way organizations harness the power of artificial intelligence. With a strong focus on customization, scalability, and data privacy, the company's contextual language models are designed to empower businesses by providing AI solutions tailored to their specific needs while ensuring the utmost security and trust.

As the demand for AI-based productivity tools continues to surge across industries, the start-up aims to unlock the full potential of organizations worldwide. By leveraging the latest generation of AI technologies, the company enables businesses to enhance their operational efficiency and drive innovation.

"Our goal is to build the next generation of foundation models that deliver fully customizable, trustworthy, and privacy-aware AI solutions," said Douwe Kiela, Founder of Contextual AI. "We are dedicated to providing a seamless integration of AI capabilities into existing technology stacks, ensuring that our solutions are secure by default and easily accessible to organizations of all sizes."