Kitematic founders nab $65 million USD to help devs run AI models locally with Ollama
Canadian-founded, Palo Alto-based software startup Ollama has secured $65 million USD ($91 million CAD) in Series B funding to enable AI’s “personal computer moment.” The news: Ollama allows developers to download and run open-source large language models (LLMs) directly on their own computers. The 14-person AI infrastructure company claims it has amassed nearly nine million customers since launching in 2023 and is now used by 85 percent of the Fortune 500. Ollama aims to build on that growth wi