AI BriefingOllama Raises $65 Million Series B
Key point
Ollama has raised $65 million in a Series B round, accelerating its push into the enterprise AI agent market.
Details
Ollama has successfully raised $65 million (bringing total funding to $88 million) in a Series B round led by Theory Ventures.
Ollama currently has 9 million developers, and it has been shown that 85% of Fortune 500 companies have adopted and are using Ollama internally.
By providing infrastructure that allows models to run locally, Ollama offers the following key advantages for building enterprise AI agents:
- Low Latency: Agent loops can run locally without external API calls
- Data Security: Data never leaves the premises, making security reviews easier to pass
- Cost Efficiency: Reduces costs from external API calls
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