Ollama Raises $65 Million In Series B Funding To Expand Its Open-Source AI Platform
By Amit Chowdhry ● Yesterday at 3:54 PM
Ollama, the developer platform for open AI models, announced that it has raised $65 million in Series B funding led by Theory Ventures, with participation from Benchmark, 8VC, Y Combinator, Pace Capital, 49 Palms, GTMFund, and other investors and angel backers. The latest financing brings the company’s total funding to $88 million. Benchmark previously led Ollama’s Series A round, and Benchmark General Partner Peter Fenton serves on the company’s board.