Ollama Raises $88M to Make Open AI Models Accessible to Everyone

Ollama: All Aboard Open Models

Ollama Raises $88M to Make Open AI Models Accessible to Everyone

After founding Kitematic and Docker Desktop, we are back with Ollama, the easiest way to run open models locally. We believe AI should be yours to own, customize, and keep private without expensive API bills. Now used by 85% of the Fortune 500, we have raised $88M to scale our cloud and ensure seamless access to powerful open models for developers worldwide.

Computing has been here before: the personal computer took the machine out of the mainframe room and put it on your desk — yours to own, customize, and build with.
  1. ollamer

    https://github.com/ollama/ollama/issues/11772

    A year and still no implementation for such a basic need as offloading MoE layers onto the CPU selectively. On llama.cpp I can get models like Qwen 35BA3B running partially on gpu/cpu with 40t/s on a laptop thanks to --n-cpu-moe but on this VC funded joke it would be simply unusable.

    I can't quite understand how you make a wrapper so much worse than the code you're ripping out.

    >This funding is fuel for what’s ahead. Ollama sits front and center in the open model ecosystem

    No.

  2. fnlsnd

    Will Ollama finally properly credit llama.cpp ? Or will they continue to rebrand new llama.cpp features as their own?

  3. entropyie

    To any ollama.com dudes and dudettes reading this: why won't you offer any embedding models on your subscription when they are readily supported by the software and fairly efficient to run?

  4. mottosso

    A lot of hate for Ollama in this thread. Am I understanding correctly that it is all based on not crediting llama.cpp correctly? I can't find any other argument against it, other than some minor performance differences. Where Ollama stands out is user interface. It's easy to overlook how difficult and important that is.

  5. woadwarrior01

    I think the "8.9 million developers use ollama" figure they throw around is contrived. I found this 2025 article which posits that there were 47.2 million software developers in the world. Even the number of developers has doubled in a year (plausible if you account for the rise in vibe coding), I think it's very unlikely that 1 in 10 developers use ollama.

    https://www.slashdata.co/post/global-developer-population-tr...

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2026-07-19