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Ollama Raises $65M as Open Source AI Tool Reaches 8.9M Developers Monthly

Ollama Raises $65M as Open Source AI Tool Reaches 8.9M Developers Monthly

I’d like to share a notable update from the AI and open source space.

Ollama raised $65M in a Series B round, bringing its total funding to $88M.

The platform helps developers run open-weight models locally on their PCs.

According to the company, more than 8.9M developers use the product each month, while its cloud offering complements the desktop version.

For me, the key signal is clear: demand for open source AI tools continues to grow, especially where speed, flexibility, and cost control matter.

Are you already using open-weight models in your work?

#AI #OpenSource #Tech #HackerNews

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min read 1 09.07.2026
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Ollama Raises $65M as Open Source AI Tool Reaches 8.9M Developers Monthly

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