# Ollama approaches 9 million monthly active developers, raises USD 65 million Series B with 14 employees

On 2026/7/14, TechCrunch reported that Ollama, a US company enabling local large language model inference, had nearly 9 million monthly active developers and raised USD 65 million in Series B funding with 14 employees. Co-founded by Michael Chiang, it had raised USD 88 million in total.



Canonical: https://uniquebase.ai/news/46dc3125-204d-4bed-8bcc-0abe54f0c06b
Stable identifier: 46dc3125-204d-4bed-8bcc-0abe54f0c06b
Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-15T23:05:56.817Z

## Connected profiles

- [Ollama](/companies/ollama)
- [Theory Ventures](/institutions/theory-ventures)

## Sources

- https://techcrunch.com/2026/07/09/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m-users/