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GitLab

GitLab Inc.
GitLab
Type of site
Available inEnglish
Traded as
HeadquartersSan Francisco
Area servedWorldwide
OwnerGitLab Inc.
Founder(s)
  • Dmytro (or Dmitriy) Zaporozhets
  • Sytse "Sid" Sijbrandij
Key people
IndustrySoftware
RevenueIncrease US$424.3 million (2022)[2]
Operating incomeDecrease US$−211.4 million (2022)[2]
Net incomeDecrease US$−172.3 million (2022)[2]
Total assetsIncrease US$1.169 billion (2022)[2]
Total equityDecrease US$771.0 million (2022)[2]
Employees1,630 (January 2022)[3]
URLabout.gitlab.com
CommercialYes
RegistrationOptional
Launched2014; 10 years ago (2014)[4]
Current statusOnline
Written inRuby, Go and Vue.js
[2][5]
GitLab Application
Initial release2011; 13 years ago (2011)
Stable release
17.0[6]  / 16 May 2024; 6 months ago (16 May 2024)
Repository
Written inRuby, Go and JavaScript
Operating systemCross-platform
Platformx86-64, ARMhf
LicenseCommunity Edition: MIT License and other software licenses[7]
Enterprise Edition: Source-available proprietary software[7][8]
Websiteabout.gitlab.com 

GitLab Inc. is an open-core company that operates GitLab, a DevOps software package that can develop, secure, and operate software.[9] GitLab includes a distributed version control based on Git,[10] including features such as access control,[11] bug tracking,[12] software feature requests, task management,[13] and wikis[14] for every project, as well as snippets.[15]

The open-source software project was created by Ukrainian developer Dmytro (or Dmitriy) Zaporozhets and Dutch developer Sytse Sijbrandij.[16] In 2018, GitLab Inc. was considered to be the first partly Ukrainian unicorn.[17][18] GitLab has an estimated over 30 million registered users, including 1 million active licensed users.[9][19] There are more than 3,300 code contributors and team members in 60+ countries.[20]

Overview

GitLab Inc. was established in 2014 to continue the development of the open-source code-sharing platform launched in 2011 by Dmytriy (or Dmitriy) Zaporozhets. The company's co-founder Sytse Sijbrandij initially contributed to the project and decided to build a business around it.[21][22]

GitLab offers its platform using a freemium model.[21] Since its founding, GitLab Inc. has promoted remote work[23] and is known as one of the largest all-remote companies in the world.[24] By 2020, the company employed 1300 people in 65 countries.[23][25]

History

The company participated in the YCombinator seed accelerator Winter 2015 program. By 2015, notable customers included Alibaba Group and IBM.[22]

In January 2017, a database administrator accidentally deleted the production database in the aftermath of a cyberattack, causing the loss of a substantial amount of issue data and merge request data.[26] The recovery process was live-streamed on YouTube.[27][28]

In April 2018, GitLab Inc. announced integration with Google Kubernetes Engine (GKE) to simplify the process of spinning up a new cluster to deploy applications.[29]

In May 2018, GNOME moved to GitLab with over 400 projects and 900 contributors.[30][31]

On August 1, 2018, GitLab Inc. started development of Meltano.[32]

On August 11, 2018, GitLab Inc. moved from Microsoft Azure to Google Cloud Platform, making the service inaccessible to users in several regions including: Crimea, Cuba, Iran, North Korea, Sudan, and Syria, due to sanctions imposed by Office of Foreign Assets Control of the United States.[33] In order to overcome this limitation, the non-profit organization Framasoft began providing a Debian mirror to make GitLab CE available in those countries.[34]

In 2020 at the beginning of the COVID-19 pandemic, GitLab Inc. released "GitLab's Guide to All-Remote" as well as a course on remote management for the purpose of aiding companies interested in building all-remote work cultures.[35][36]

April 2020 saw the expansion of GitLab Inc. into the Australian and Japanese markets.[37][38] In November that same year, GitLab Inc. was valued at more than $6 billion in a secondary market evaluation.[39]

In 2021, OMERS participated in a secondary shares investment in GitLab Inc.[40]

On March 18, 2021, GitLab Inc. licensed its technology to the Chinese company JiHu.[41]

On June 30, 2021, GitLab Inc. spun out Meltano, an open source ELT platform.[42]

On July 23, 2021, GitLab Inc. released its software Package Hunter, a Falco-based tool that detects malicious code,[43] under the open-source MIT Licence.

On August 4, 2022, GitLab announced its plans for changing its Data Retention Policy and for automatically deleting inactive repositories which have not been modified for a year. As a result, in the following days GitLab received much criticism from the open-source community.[44] Shortly after, it was announced that dormant projects would not be deleted, and would instead remain accessible in an archived state, potentially using a slower type of storage.[45][46]

In May 2023, the company launched the "GitLab 16.0" platform as an AI-driven DevSecOps solution. It contained over 55 new features and enhancements.[47]

In July 2024, Reuters reported that GitLab was exploring a potential sale after attracting acquisition interest, with cloud monitoring firm Datadog named as one of the interested parties.[48]

Fundraising

GitLab Inc. initially raised $1.5 million in seed funding.[22] Subsequent funding rounds include:

  • September 2015 - $4 million in Series A funding from Khosla Ventures.[49]
  • September 2016 - $20 million in Series B funding from August Capital and others.[50]
  • October 2016 - $20 million in Series C funding from GV and others.[51]
  • September 19, 2018 - $100 million in Series D-round funding led by ICONIQ Capital.
  • 2019 - $268 million in Series E-round funding led by Goldman Sachs and ICONIQ Capital at a valuation of $2.7 billion.[52][53]

IPO

On September 17, 2021, GitLab Inc. publicly filed a registration statement Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its Class A common stock.[54] The firm began trading on the NASDAQ Global Select Market under the ticker "GTLB" on October 14, 2021.[55]

Adoption

GitLab Forge was officially adopted in 2023 by the French Ministry for Education to create a "Digital Educational Commons" of educational resources.[56]

Acquisitions

In March 2015, GitLab Inc. acquired competing Git hosting Service Gitorious, which had around 822,000 registered users at the time.[57] These users were encouraged to move to GitLab and the Gitorious service was discontinued in June 2015.[57]

On March 15, 2017, GitLab Inc. announced the acquisition of Gitter.[58] Included in the announcement was the stated intent that Gitter would continue as a standalone project. Additionally, GitLab Inc. announced that the code would become open-source under an MIT License no later than June 2017.[59]

In January 2018, GitLab Inc. acquired Gemnasium, a service that provided security scanners with alerts for known security vulnerabilities in open-source libraries of various languages.[60] The service was scheduled for complete shut-down on May 15. Gemnasium features and technology was integrated into GitLab EE and as part of CI/CD.[61]

On June 11, 2020, GitLab Inc. acquired Peach Tech, a security software firm specializing in protocol fuzz testing, and Fuzzit,[62] a continuous “fuzz” security testing solution.

On June 2, 2021, GitLab Inc. acquired UnReview, a tool that automates software review cycles.[63]

On December 14, 2021, GitLab Inc. announced that it had acquired Opstrace, Inc., developers of an open source software monitoring and observability platform.[64]

See also

References

  1. ^ "GitLab 14 Delivers Modern DevOps in One Platform". DevPro Journal. July 12, 2021. Archived from the original on January 30, 2022. Retrieved November 10, 2021.
  2. ^ a b c d e f "GitLab Reports Fourth Quarter and Full Year 2023 Financial Results". ir.gitlab.com. March 15, 2023. Archived from the original on March 15, 2023. Retrieved March 15, 2023.
  3. ^ "GitLab Inc. 2021 Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Commission. April 8, 2022. Archived from the original on June 8, 2022. Retrieved June 8, 2022.
  4. ^ "GitLab hauls in $268M Series E on 2.75B valuation". September 17, 2019.
  5. ^ Sijbrandij, Sid (October 14, 2021). "GitLab goes public on Nasdaq a $10 billion IPO". CNBC. Archived from the original on January 25, 2022. Retrieved November 10, 2021.
  6. ^ "GitLab 17.0 released with generally available CI/CD Catalog and AI Impact analytics dashboard". Retrieved May 17, 2024.
  7. ^ a b "GitLab LICENSE file". Archived from the original on March 29, 2020. Retrieved March 29, 2020.
  8. ^ "GitLab Enterprise Edition LICENSE file". Archived from the original on March 22, 2021. Retrieved March 29, 2020.
  9. ^ a b "GitLab goes public on Nasdaq a $10 billion IPO". CNBC. October 14, 2021. Archived from the original on January 25, 2022. Retrieved November 10, 2021.
  10. ^ "Learn Git - GitLab". Retrieved July 7, 2024.
  11. ^ "Control access and visibility - GitLab". Retrieved July 7, 2024.
  12. ^ "Issues - GitLab". Retrieved July 7, 2024.
  13. ^ "Tasks - GitLab". Retrieved July 7, 2024.
  14. ^ "Wikis - GitLab". Retrieved July 7, 2024.
  15. ^ "Snippets - GitLab". Retrieved July 7, 2024.
  16. ^ Lee, Isabelle. "Coding platform GitLab leaps 23% in trading debut after pricing IPO at $77 a share". Markets Insider. Archived from the original on June 8, 2023. Retrieved November 10, 2021.
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  64. ^ "GitLab will create the first integrated observability solution within a DevOps Platform". GitLab Investor Relations. December 14, 2021. Archived from the original on December 17, 2021. Retrieved December 17, 2021.
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