# Popular Open Source AI Developer Tool Ollama Raises $65M, Grows to Nearly 9M Users

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-07-09T13:00:00.000Z  
> **Category:** FUNDING  
> **Impact Score:** 220/100  
> **Primary Source:** [TechCrunch AI](https://techcrunch.com/2026/07/09/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m-users)  
> **Canonical Citation:** [https://spidits.com/timeline/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m](https://spidits.com/timeline/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m)

## Executive Summary
Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on GitHub by helping developers easily run AI on their PCs.

## Why It Matters (Strategic Analysis)
Crucially, this shifts the paradigm for AI development, enabling widespread adoption and democratization of AI capabilities among developers, rather than relying on closed models.

## Referenced Coverage & Sources
- **[TechCrunch AI](https://techcrunch.com/2026/07/09/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m-users)**: Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users — _Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on GitHub by helping developers easily run AI on their PCs._
- **[SiliconANGLE](https://siliconangle.com/2026/07/09/open-source-ai-developer-tool-ollama-raises-65m-grow-platform)**: Open-source AI developer tool Ollama raises $65M to grow its platform — _Ollama Inc., the largest artificial intelligence platform connecting developers to open models, today announced it has raised $65 million in a new funding round led by Theory Ventures. Benchmark, 8VC, Y Combinator, Pace Capital, 49 Palms, GTMFund, and other investors and angels also participated..._

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*Synthesized by SPIDITS AI Market Intelligence Desk. Track live AI news, model releases, and funding: [https://spidits.com](https://spidits.com)*