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Berlin-born conversational artificial intelligence startup has secured $26 million in Series B funding. The round was led by and joined by existing investors , 468 Capital, and . The company will also launch a new technology hub in Edinburgh, Scotland.

Since 2016, has built an open-source infrastructure for implementing a chatbot, distinguishing itself from other companies that provide so-called “black box technology.”

鈥淎 simplistic chatbot might be easy, but a resilient, fully contextual assistant that works is not,鈥� Alex Weidauer, the startup鈥檚 CEO and co-founder, said. The company aims to serve the developer community 鈥渢hrough better research, investment in open-source software, superior developer tools and education, and flexible on-prem or cloud deployment.鈥�

Now headquartered in San Francisco, Rasa serves organizations of every size, 鈥渋ncluding six of the top ten banks in the world, five of the ten largest global telecommunications firms, and five of the ten largest insurance companies.鈥� Clients include , Adobe, , , ENGIE, 听补苍诲 .

The latest investment brings Rasa鈥檚 total funding to $40 million, including a Series A completed in early 2019. Since that round, the company reports it has tripled its annual recurring revenue.

鈥淩asa鈥檚 approach using conversational AI while offering a developer-friendly toolset, all while maintaining a high bar for data privacy, makes them the best alternative to big cloud providers,鈥� comments Martin Casado, a general partner at Andreessen Horowitz who will join the startup鈥檚 board.

The company also announced the hiring of Adam Lopez, a Natural Language Processing researcher from the University of Edinburgh. Lopez will join Rasa鈥檚 research efforts starting July 1 and lead a new R&D hub in Edinburgh.

Photo: co-founders Alex Weidauer and Alan Nichol.