The NumbersJuly 9, 2026via SiliconAngle
Open-source AI developer tool Ollama raises $65M to grow its platform
Why it matters
Ollama's Series B signals explosive developer demand for open-model infrastructure as enterprises move away from closed APIs. This is where the AI economy's *build* layer consolidates.
Key signals
- Ollama raises $65M Series B
- Led by Theory Ventures
- Participants: Benchmark, 8VC, Y Combinator, Pace Capital, 49 Palms, GTMFund
- Positioned as largest AI platform connecting developers to open models
- Focus on open-source model deployment and developer tooling
The hook
$65M. That's what Ollama just raised to become the go-to platform for developers building with open-source AI models.
Ollama Inc., the largest artificial intelligence platform connecting developers to open models, today announced it has raised $65 million in a new funding round led by Theory Ventures. Benchmark, 8VC, Y Combinator, Pace Capital, 49 Palms, GTMFund, and other investors and angels also participated in the Series B round. Today’s funding brings the company’s total […]