Modular Raises $30 Million While Revealing Its Global Ambitions with Upgrade to Modular.com

The next-generation AI developer platform, Modular, raised a $30 million seed funding round in late June 2022. The company launched in January 2022 on Modular.ai. Tech businesses have frequently embraced the .ai extension since it is connected to a well-known technology phrase (Artificial Intelligence) and usually offers more availability than other popular TLDs at a lower cost. The .ai extension actually originates from Anguilla and many of the businesses, apps and specialists in the AI field are rarely aware of that fact and the risks it can carry for their brands.

After growth and establishment, companies that start with a compromise extension often upgrade their domains. The example with Modular is no different; the company secured its exact brand match domain name Modular.com.