SPIN Processed News Frame: The Hype
Ollama, which helps developers run open-weight AI models locally, raised a $65M Series B led by Theory Venture, following a $15M Series A led by Benchmark (Julie Bort/TechCrunch)
Ollama, an open-source tool for running open-weight AI models locally, secured $65 million in Series B funding led by Theory Venture, following a $15 million Series A led by Benchmark.
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"Ollama raised $65 million in Series B funding to expand its open-source platform for running AI models locally."