Open-source AI developer tool Ollama raises $65M to grow its platform

Ollama Inc., the largest artificial intelligence platform connecting developers to open models, today announced it raised $65 million in Series B funding led by Theory Ventures. Benchmark, 8VC, Y Combinator, Pace Capital, 49 Palms, GTMFund, and other investors and angels also participated in the round. Today’s funding brings the company’s total raised to $88 million.