GitLab

GitLab

GitLab is a web-based open source Git repository manager and collaboration platform with wiki and issue tracking features and built-in CI/CD.

GitLab is a company providing a Git-repository platform to manage software development projects (wiki). The company was established in 2014 by Dmitriy Zaporozhets and Sytse Sijbrandij. It aims to provide a collaboration platform for developers to create, review, and deploy code bases. GitLab is based in San Francisco, California.

Product & Service

GitLab offers one product and one service: GitLab and GitLab Professional Service. GitLab is a subscription-type software product that software developers can use to manage the entire DevOps cycle in a software development project. GitLab Professional Service, on the other hand, is a variety of supporting services that a customer can purchase to utilize GitLab fully. Some of the services that fall under this category are implementation and migration services to GitLab system and employee training for using GitLab.

Funding

Since its founding year, GitLab has raised $165.5 million from seven funding rounds. Its most recent round was a venture round held in December 2018 and raised $20 million. As of March 2019, GitLab has received capital from 14 investors, with 5 of them as lead investors. Some past investors include Goldman Sachs, Alphabet, Khosla Ventures, ICONIQ Capital, and GV.

Timeline

September 17, 2019

GitLab hauls in $268M Series E on 2.768B valuation

The company announced a huge $268 million Series E on a tidy $2.768 billion valuation. Investors include Adage Capital Management, Alkeon Capital, Altimeter Capital, Capital Group, Coatue Management, D1 Capital Partners, Franklin Templeton, Light Street Capital, Tiger Management Corp. and Two Sigma Investments.

September 2019

GitLab raises a $268,000,000 series E round from ICONIQ Capital, Altimeter Capital, Two Sigma Ventures, Tiger Global Management, Goldman Sachs, Alkeon Capital, Coatue Management, YC Continuity, Franklin Templeton Investments, D1 Capital Partners, Adage Capital Management and Light Street Capital.

September 2018

GitLab raises a $100,000,000 series D round from ICONIQ Capital, Khosla Ventures and GV.

October 2017

GitLab raises a $20,000,000 series C round from GV.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
GitLab funding round, September 2019
Series E round
268,000,000
September 2019
ICONIQ Capital
Goldman Sachs
Adage Capital Management
Altimeter Capital
D1 Capital Partners
Light Street Capital
Tiger Global Management
Two Sigma Ventures
Coatue Management
Alkeon Capital
YC Continuity
Franklin Templeton Investments
GitLab funding round, September 2018
Series D round
100,000,000
September 2018
ICONIQ Capital
GV
Khosla Ventures
GitLab funding round, October 2017
Series C round
20,000,000
October 2017
GV
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People

Name
Role
LinkedIn

Alfredo Sumaran

Employee

Clement Ho

Employee

Dmitriy Zaporozhets

Co-Founder

Haydn Mackay

Employee

Job van der Voort

Employee

Josh Wrede

Employee

Marin Jankovski

Employee

Patricio Cano

Employee

Pedro Moreira da Silva

Employee

Sasha Bannister

Employee

Sytse Sijbrandij

Co-Founder

Zach Holman

Advisor

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Jonathan Shieber
July 10, 2020
TechCrunch
Replicated, the Los Angeles-based company pitching monitoring and management services for Kubernetes-based applications, has managed to bring on the former head of product of the $2.75 billion-valued programming giant, GitLab, as its new chief product officer. Mark Pundsack is joining the company as it moves to scale its business. At GitLab Pundsack saw the company [...]
Greg Kumparak
May 19, 2020
TechCrunch
With more than 1,200 employees distributed across over 65 countries and a valuation of nearly $3 billion, GitLab is one of the world's most successful fully remote startups. Describing it as a textbook example of a remote company would be redundant, because the company actually wrote a textbook about it. I recently had a chance [...]
Ron Miller
March 24, 2020
TechCrunch
As companies that used to having workers in the same building struggle to find ways to work from home, one company that has been remote from Day One is GitLab . It recently published a handbook to help other companies who are facing the work-from-home challenge for the first time. Lest you think GitLab is [...]
Meghan Morris
December 10, 2019
Business Insider
GitLab, flush with Series E capital, is on a hiring spree, adding hundreds of employees this year and looking to bring on a thousand people in 2020.
Ron Miller
September 17, 2019
TechCrunch
GitLab is a company that doesn't pull any punches or try to be coy. It actually has had a page on its website for sometime stating it intends to go public on November 18, 2020. You don't see that level of transparency from late-stage startups all that often. Today, the company announced a huge $268 [...]

References

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