Industry
Ollama Raises $88M to Accelerate Open Model Ecosystem
Ollama announced an $88 million funding round led by Benchmark, Theory Ventures, and 8VC. The platform serves 8.9 million developers and is used by 85% of Fortune 500 companies, with cloud token usage doubling month over month. Funds will support seamless hybrid inference, same-day integration for new model releases, and enabling developers to use the most powerful open models without sacrificing ownership and privacy.
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