Popular Open Source AI Developer Tool Ollama Raises $65M, Grows To Nearly 9M Users

Ollama raises $65M as its open source AI platform nears 9 million users, accelerating local AI development and enterprise adoption.
Matilda
Popular Open Source AI Developer Tool Ollama Raises $65M, Grows To Nearly 9M Users
Ollama Raises $65M as Open Source AI Adoption Surges in 2026 Open source AI developer tool Ollama has raised $65 million in fresh funding while approaching an impressive milestone of nearly 9 million users. The investment highlights the growing demand for AI tools that allow developers to run large language models locally instead of relying entirely on cloud-based services. As organizations prioritize privacy, flexibility, and lower operating costs, Ollama has emerged as one of the fastest-growing platforms in the AI ecosystem. The latest funding round signals strong investor confidence in the future of local AI development and open source innovation. The announcement comes at a time when artificial intelligence is rapidly transforming software development, research, business automation, and personal productivity. Developers increasingly want tools that provide full control over their AI workflows without requiring constant internet access or expensive cloud infrastructure. Ollama's…