GitLab Receives $20m from Goldman Sachs
Summary
GitLab , 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.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.