Popular open source AI developer system Ollama raises $65 million, broadens to nearly 9M users
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The popular open source AI tool Ollama has raised a $65 million Series B, led by Theory Ventures, founder and CEO Jeff Morgan tells TechCrunch.
Key facts
The popular open source AI tool Ollama has raised a $65 million Series B, led by Theory Ventures, founder and CEO Jeff Morgan tells TechCrunch
As a result, it was hard to get them up and running
This round follows a previous $15 million Series A led by Benchmark’s Peter Fenton — It has amassed 176,000 stars and nearly 17,000 forks on GitHub
Summary
This round follows a previous $15 million Series A led by Benchmark’s Peter Fenton. Ollama, which launched in 2023, helps devs run open-weight AI models on their PCs, getting them up and running in minutes. Developers can also use Ollama to find models and access larger, more complex ones that it hosts on its neocloud via several subscription tiers, from free to $100/month. If the mission to help developers more easily build on their PCs sounds vaguely familiar, it should.