AI BriefingOllama: Fully Ready for Open Models
Key point
Ollama, an open model execution platform, has raised a Series A round of $88 million.
Details
Ollama, an open model execution platform, has raised $88 million (approximately 110 billion KRW) from Benchmark, Theory Ventures, and others. Founded by founding members of Docker, Ollama is a platform that helps developers run the latest open models locally with a single command—no complex setup required—and use them via API.
Ollama pursues the following core values:
- Ownership: Freedom to customize and optimize without dependency on any model
- Affordability: Ability to experiment and iterate on local hardware without per-token costs
- Privacy: A secure environment where data never leaves the local device
Ollama is currently used by 85% of Fortune 500 companies, and it has recently expanded into a cloud service supporting a variety of open models including GLM, Nemotron, DeepSeek, and Kimi, with monthly token usage more than doubling.
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