GitLab Raises $20M in Series C Funding

GitLab, a San Francisco, CA-based provider of a self-hosted Git repository management tool, raised $20m in series C funding.

The round was led by GV. In conjunction with the funding, Matt Mullenweg, founder of WordPress, joined GitLab’s board.

The company intends to use the funds to offer both application development and operations.

Launched in 2014, GitLab provides software development teams ranging from startups to global enterprise organizations with an integrated source code management, code review, test/release automation, and application monitoring product, including Kubernetes-based application development and monitoring.
The company will add new functionality for packaging, releasing, configuring, and monitoring software.

The product is used by more than 100,000 organizations, including Ticketmaster, ING, NASDAQ, Alibaba, Sony and Intel, among others.



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