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Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users

Ollama, a popular open-source tool for running large language models locally, has secured $65 million in Series B funding from Benchmark. The company reports its user base has grown to nearly 9 million, reflecting surging demand for offline AI execution.

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Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users

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Briefing Notes

What happened and why it matters

Ollama, a popular open-source tool for running large language models locally, has secured $65 million in Series B funding from Benchmark. The company reports its user base has grown to nearly 9 million, reflecting surging demand for offline AI execution.

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FAQ

How much funding did Ollama raise?
Ollama raised $65 million in its Series B funding round.
Who invested in Ollama's latest round?
Benchmark led the investment in Ollama's Series B round.
What is Ollama's current user count?
Ollama has grown to nearly 9 million users.

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