GitLab Receives $20m from Goldman Sachs

gitlabGitLab, a San Francisco, CA-based application for the entire DevOps lifecycle, received a $20m investment from Goldman Sachs’ Principal Strategic Investments group as part of its Series D financing.

It is not known if this deal adds to the recently announced $100m Series D funding or is a part of it.

The company plans to use this funding to continue to develop the platform and expand its business reach.

Led by Sid Sijbrandij, CEO, GitLab is a single application for all stages of the DevOps lifecycle for Product, Development, QA, Security, and Operations teams to work concurrently on the same project. GitLab provides teams with a single data store, one user interface, and one permission model across the DevOps lifecycle allowing teams to collaborate and work on a project from a single conversation.

Built on Open Source, GitLab leverages the community contributions of thousands of developers and millions of users to continuously deliver new DevOps innovations. More than 100,000 organizations from startups to global enterprise organizations, including Ticketmaster, Jaguar Land Rover, NASDAQ, Dish Network and Comcast currently use the application.



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