positiveSYS.SOURCE: TechCrunch• 2026-07-09T13:00:00Z

Ollama Secures $65M Series B to Scale Open-Source AI Developer Tool with 9M Users

#open source #ai tools #venture capital #developer tools #cloud services

Ollama, an open-source AI developer tool, secured $65 million in Series B funding led by Theory Ventures, expanding its user base to nearly 9 million developers. The company, founded by former Docker creators, positions itself as a platform for running and accessing AI models, competing with closed-source alternatives while maintaining a free core product.

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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