GitLab raises $20M Series C turn led by GV

GitLab, a partnership and DevOps height for developers that’s now in use by some-more than 100,000 organizations, now announced that it has lifted a $20 million Series C turn led by GV (the account we might still remember underneath a former name of Google Ventures). This brings GitLab’s sum appropriation to date to only over $45.5 million.

In further to a new funding, a association also now pronounced that WordPress owner Matt Mullenweg is fasten a company’s board.

As a name implies, GitLab started out as a git-based open source apparatus for self-hosting formula repositories. Since a launch in 2014, a association has branched out, though, and combined a series of some-more DevOps-centric services to a lineup. This includes a series of workflow tools, yet also facilities that simply capacitate formula review/test/release automation and even focus monitoring.

It’s maybe no warn afterwards that a association now sees it as a goal to “develop a seamless, integrated product for complicated program developers and turn a focus for program growth in Kubernetes” (yes — even GitLab now wants to get deeper into a Kubernetes game).

“The Fortune 500 is racing to build world-class program growth organizations that counterpart a speed, productivity, and peculiarity of a largest tech companies. As these organizations essay to furnish high-quality formula during scale, they will need best-in-class collection and platforms. GitLab’s height accelerates a growth routine with an importance on partnership and automation,” pronounced Dave Munichiello, GV General Partner, in a canned matter today. “GitLab’s hybrid, multi-cloud resolution is desired by developers, and is saying extensive traction in a field.”

Current GitLab users embody a likes of Ticketmaster, ING, NASDAQ, Sony, VMWare and Intel.

As for a appropriation itself, GitLab says that it skeleton to use it to supplement “new functionality for packaging, releasing, configuring and monitoring software.”

The association does face foe from a likes of GitHub and Atlassian’s BitBucket, yet GitLab argues that a collection now paint two-thirds of a self-hosted git market.

Featured Image: Smith Collection/Gado/Getty Images

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Posted by on Oct 9 2017. Filed under NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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