Ollama raises $65M Series B, reaches nearly 9M users

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

Ollama, the tool that lets devs run open-weight models locally on their PCs, raised a $65M Series B led by Theory Ventures. That follows a $15M Series A led by Benchmark, bringing total funding to $88M. Launched in 2023, it has 176K GitHub stars, nearly 17K forks, and close to 9M users. The post doesn't disclose valuation, revenue, or commercialization plans.

Why it matters: Ollama's first public funding and user numbers — nearly 9M users, $88M total raised — are solid facts. But the post doesn't disclose valuation or revenue, so the commercial picture is incomplete, capping this at the 78 featured threshold.