Ollama raises $65M Series B funding
Ollama has secured a $65 million Series B funding round led by Theory Ventures, bringing its total funding to $88 million as its monthly active developer base reaches 8.9 million. The 14-employee company enables developers to run open-source AI models locally, supporting over 67,000 community integrations across 85% of Fortune 500 companies.
Ollama's Series B funding solidifies local LLM deployment as a permanent paradigm in developer workflows, proving that high-friction cloud APIs are losing to local-first privacy, speed, and simplicity.
* By mirroring the developer experience of Docker, Ollama has established a dominant position in the local AI runtime market with a lean 14-person team.
* Reaching 8.9 million active monthly developers highlights the immense demand for local-first workflows and private data environments.
* The massive integration ecosystem (over 67,000 tools) guarantees deep developer lock-in, making Ollama the default API layer for local AI applications.
DISCOVERED
2h ago
2026-07-10
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2h ago
2026-07-10
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dani_avila7