SMRTR AIJul 9, 2026TechCrunch

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

SMRTR summary

Ollama, the open source tool that lets developers run AI models on their own computers in minutes, has raised $65M in a Series B round, bringing its total funding to $88M. Now used by nearly 9 million developers monthly and present in 85% of Fortune 500 companies, Ollama is capitalizing on the growing shift toward affordable open AI models.

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