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Ollama provides tools and infrastructure for running and managing AI models.
Founded in 2023 by Jeffrey Morgan and Michael Chiang, Ollama is based in California, US. It provides tools and cloud infrastructure for running and managing open AI models for developers, data scientists and enterprises. In July 2026, the company raised USD 65 million in Series B funding led by Theory Ventures, with 49 Palms, Pace Capital, 8VC, Benchmark, Y Combinator, GTMfund and Garage Capital participating. The funding will support platform development and operations.
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