Ollama Raises $65M to Bring Local AI Development to More Developers
Ollama, the open source tool that makes it easy for developers to run AI models on their local machines, has raised $65 million in Series A funding led by Benchmark. The company has grown to nearly 9 million users and has become a go-to solution for developers wanting to experiment with AI without relying on cloud services.
The platform has garnered significant community support, accumulating 176,000 stars and nearly 17,000 forks on GitHub. Ollama streamlines the process of deploying and running large language models locally, which appeals to developers concerned about privacy, cost, or latency when using cloud-based alternatives.
The fresh capital will likely support continued development of the platform and expansion of its model library. With the AI development landscape becoming increasingly competitive, Ollama's focus on accessibility and local deployment positions it as a key tool for developers who prefer to keep their work environment self-contained.