Key Takeaways
- • GitLab announced a $4 million Series A round led by Khosla Ventures on September 17, 2015, following its seed round in July 2015.
- • The company will use the capital to accelerate growth and scale global operations across development, marketing, and sales, including its US operations.
- • GitLab said more than 100,000 organizations use its on-premises product, including NASA, CERN, Alibaba, SpaceX, O'Reilly, IBM, and Expedia.
- • GitLab 8.0 is scheduled for release on September 22, 2015, with 50 percent less disk usage, built-in Continuous Integration, and reply-by-email functionality.
Summary
GitLab, an open-source code collaboration platform that competes with GitHub, announced a $4 million Series A funding round from Khosla Ventures on September 17, 2015. The round follows the company's seed round in July 2015, which Khosla Ventures also supplied. According to TechCrunch-syndicated coverage, Khosla Ventures led the round, and GitLab is a Y Combinator-backed startup based in San Francisco.
The company stated it will use the new capital to accelerate growth and scale its global operations, including development, marketing, and sales. GitLab also highlighted its US operations, including a recently opened Experience Center in San Francisco, while noting the company remains largely remote.
GitLab reported that more than 100,000 companies and organizations use its on-premises product, naming NASA, CERN, Alibaba, SpaceX, O'Reilly, IBM, and Expedia among them. The company also cited a community of more than 800 contributors. Its offerings comprise a free open-source Community Edition, a free SaaS version at GitLab.com, and an Enterprise edition. Features cited include two-factor authentication, SAML and Kerberos authentication, merge request approvers, audit logging, and importers for GitHub, Bitbucket, Google Code, and Gitorious.
The company announced GitLab 8.0 for release on September 22, 2015, with 50 percent less disk usage, faster merging, Continuous Integration built into GitLab itself, an improved interface, and reply-by-email functionality.
Vinod Khosla, founder and partner of Khosla Ventures, said that investing in GitLab was an obvious choice because open-source solutions are the future. CEO Sytse "Sid" Sijbrandij said the company differentiates itself from other collaborative Git platforms because it is open source and always has been.
The company stated it will use the new capital to accelerate growth and scale its global operations, including development, marketing, and sales. GitLab also highlighted its US operations, including a recently opened Experience Center in San Francisco, while noting the company remains largely remote.
GitLab reported that more than 100,000 companies and organizations use its on-premises product, naming NASA, CERN, Alibaba, SpaceX, O'Reilly, IBM, and Expedia among them. The company also cited a community of more than 800 contributors. Its offerings comprise a free open-source Community Edition, a free SaaS version at GitLab.com, and an Enterprise edition. Features cited include two-factor authentication, SAML and Kerberos authentication, merge request approvers, audit logging, and importers for GitHub, Bitbucket, Google Code, and Gitorious.
The company announced GitLab 8.0 for release on September 22, 2015, with 50 percent less disk usage, faster merging, Continuous Integration built into GitLab itself, an improved interface, and reply-by-email functionality.
Vinod Khosla, founder and partner of Khosla Ventures, said that investing in GitLab was an obvious choice because open-source solutions are the future. CEO Sytse "Sid" Sijbrandij said the company differentiates itself from other collaborative Git platforms because it is open source and always has been.
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