GitLab

Valuation $33B

About GitLab

GitLab is a web-based Git repository manager that offers a variety of features for software development teams.
Headquarters GitLab, San Francisco
Founded 2014-01-01
Industry Cloud Security, Developer Tools, DevOps, Open Source, SaaS
Last Funding Type Series E
Valuation 33
Total Funding $413.50 million dollars
IPO Status Public

Financial

GitLab may be growing as it has reported robust revenue growth and improved margins in FY 2024, indicating a strong financial performance. Additionally, the company has expanded its AI offerings, which suggests investment in product development and innovation. GitLab's clientele is also reported to be growing, which could contribute to increased market share and revenue streams.

GitLab is focusing on developing systems for adaptive program modeling and vulnerability analysis in software projects. The adaptive program model system involves processors and memory to generate program models dynamically. Additionally, GitLab is working on a system for analyzing software projects for vulnerabilities by extracting source code scopes and processing vulnerability reports. Another area of development is scalable code testing and benchmarking, which involves extracting and combining commits into patches for efficient testing. These efforts highlight GitLab's commitment to enhancing software development processes.

Funding Rounds 7
Number of Lead Investors 5
Total Funding Amount  $413.50 million dollars
Number of Investors 22

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