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ScottJackson
ScottJackson
July 20, 2026

Ollama, an open-source AI platform enabling developers to run local models with a single command, raised $88 million in funding led by Benchmark, Theory Ventures, and 8VC. Founded by former Docker Desktop creators Jeff and Michael, the tool serves 8.9 million developers and 85% of Fortune 500 companies. The capital will advance hybrid reasoning, same-day new model support, and privacy-preserving cloud services.

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