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Ollama Raises $65M to Power Developer AI | Tech News
Description
Ollama, the open-source AI tool that’s revolutionized how developers run models locally, just landed a $65 million Series B — bringing its total funding to $88 million. Launched just last year, it’s exploded in popularity, earning over 176K GitHub stars and now powering 8.9 million developers monthly. Built by the minds behind Docker Desktop, Ollama’s mission? Make powerful AI models accessible to everyday coders — not just researchers. Since January, as open models began showing real coding chops, adoption skyrocketed, with 85% of Fortune 500 companies now using it. All this with just 14 employees. The new funding will fuel Ollama’s cloud service, helping devs access compute for massive models — while keeping its free desktop tool unchanged.
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