Modal Labs Founder and CEO Erik Bernhardsson discusses why he built Modal, an infrastructure platform for data teams. Founded in 2021, Modal was created to solve for many of the specific pain points that data teams face, starting with running code in the cloud. On Oct. 10, the company announced the official launch of its platform alongside a $16 million Series A funding round led by Redpoint Ventures and seed investor Amplify Partners, among other investors.