POPA ReconOllama Raises $88M to Scale Open-Source AI
Ollama Raises $88M to Scale Open-Source AI The $88M round was led by Benchmark's Peter Fenton, with Y Combinator, 8VC, Theory Ventures and a deep bench of founder-angels — including Docker's Solomon Hykes and ClickHouse CEO Aaron Katz — also joining. Ollama lets developers run open models locally — no API keys, no per-token fees, no data leaving the machine. It's already used by 8.9M developers and 85% of the Fortune 500, betting on hybrid, privacy-first inference without vendor lock-in. 👉 ollama.com/blog/all-aboard-open-models
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