Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users
Ollama, an open-source AI tool, raised $65 million in a Series B round, with Jeff Morgan, its founder, confirming the investment. The company, launched in 2023, enables developers to run open-weight AI models on their PCs, offering subscription tiers from free to $100/month. It has gained significant traction, with over 176,000 stars and 17,000 forks on GitHub. Ollama’s mission to simplify AI model deployment has been recognized by developers, with over 8.9 million using it monthly and 85% of the Fortune 500 employing it. The company’s success is attributed to its co-founders’ experience
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