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

Open-source AI developer tool Ollama has raised $65 million in Series B funding, bringing its total funding to $88 million. The platform, which simplifies running open-weight AI models on local hardware, claims to have reached nearly 9 million monthly users.
Why it matters
Ollama's growth highlights the increasing demand for local, privacy-focused AI deployment tools that mirror the developer-friendly success of Docker.
The popular open source AI tool Ollama has raised a $65 million Series B, led by Theory Venture, founder and CEO Jeff Morgan tells TechCrunch.
The article provides a straightforward business report on funding and product growth without ideological framing.
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