Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users
Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on GitHub by helping developers easily run AI on their PCs.
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Ollama is an open source tool that helps developers run AI models on their personal computers with minimal setup. The company recently raised $65 million in Series B funding and now has nearly 9 million monthly users, including presence in 85% of Fortune 500 companies. Ollama's founders previously created Docker Desktop, which simplified cloud application development, and they are applying similar principles to make open-weight AI models more accessible to programmers. The funding reflects growing industry interest in open models as enterprises seek more affordable alternatives to closed models for routine tasks, though the company also offers paid cloud services for models too large to run locally.
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