Developing3 outlets · over 15 hours
Ollama Raises $65M Series B for Open-Source AI
Ollama raised $65 million in Series B funding led by Theory Ventures, bringing total funding to $88 million. The platform, used by 8.9 million developers monthly, lets users run open-weight AI models locally or in the cloud. It is used within 85% of Fortune 500 companies across regulated industries like healthcare and finance.
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