What is Gitlab?
Headquartered in San Francisco, GitLab provides a comprehensive DevOps platform that serves as a single source of truth for product, development, QA, security, and operations teams. By integrating a single data store, a unified user interface, and a consistent permission model, the company eliminates the friction typically associated with fragmented toolchains. This architectural philosophy has allowed GitLab to capture significant market share, positioning it as an essential utility for organizations aiming to accelerate digital transformation and improve developer productivity at scale.
How much funding has Gitlab raised?
Gitlab has raised a total of $1.4B across 9 funding rounds:
Multiple Rounds
$11.2M
Series B
$18.8M
Series C
$20M
Series D
$100M
Series E
$268M
Share Placement
$195M
Stock Offering
$801M
Angel/Seed (2015): $1.5M with participation from 500.com and Khosla Ventures
Private Equity (2015): $5.7M, investors not publicly disclosed
Series A (2015): $4M supported by Khosla Ventures
Series B (2016): $18.8M featuring Khosla Ventures, August Capital, and Y Combinator
Series C (2017): $20M backed by GV
Series D (2018): $100M with participation from ICONIQ Capital
Series E (2019): $268M led by ICONIQ Capital, Altimeter Capital, Adage Capital Management, Coatue, Goldman Sachs, Alkeon Capital, D1 Capital Partners, Y Combinator Continuity Fund, Franklin Templeton, Two Sigma Ventures, Light Street Capital, and TriplePoint Venture Growth BDC
Share Placement (2021): $195M supported by Technology Crossover Ventures, HMI Capital, OMERS Growth Equity, Alta Park, and Verition Fund Management
Stock Issuance/Offering (2021): $801M, investors not publicly disclosed
Key Investors in Gitlab
Khosla Ventures
Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies, focusing on a broad range of areas including enterprise software and AI.
ICONIQ Capital
ICONIQ Capital is a global investment firm that partners with high-growth technology companies, often acting as a strategic backer for firms scaling toward public markets.
Light Street Capital
Light Street Capital Management is an investment firm that invests globally in public and private equity markets with a specific focus on cloud computing and technology sectors.
What's next for Gitlab?
As GitLab continues to mature, the focus shifts toward deepening its enterprise capabilities and expanding its footprint in the global software infrastructure market. The strategic capital infusion provides the necessary runway to enhance its AI-driven features, bolster security compliance, and scale its cloud-native offerings. By maintaining its commitment to a single-application model, GitLab is well-positioned to capitalize on the increasing demand for integrated DevOps solutions, ensuring it remains a dominant force in the competitive landscape of enterprise software development.
See full Gitlab company page
