Kiel-based open-source developer platform Gitpod raises $13 million

Funding Rounds

Summary

Open-source developer platform Gitpod has raised $13 million from General Catalyst with participation from Speedinvest, Crane Venture Partners and Vertex Ventures. I.e. engineering teams no longer have to manually establish local dev environments, saving hours of time, and allowing applications to be created in record time. “Gitpod is obsessed with bringing back joy and speed to the modern developer experience,” said Steve Herrod, Managing Director at General Catalyst. “Devs today are struggling with larger codebases and more complex dependencies, leading to cluttered environments that hamper productivity and collaboration. Gitpod removes that friction and is on track to establish an essential new product category in modern software development.”

$ Funding

$
Amount $13.0M Total raised
Date April 7, 2021 Announcement date
Investors General Catalyst, Vertex Ventures, Speedinvest Lead investors
Company http://www.gitpod.io Funded company

Classifications

industries
No industries detected
applications
Business Intelligence

AskAI Classifications

Labels
Cloud Development Environment Software as a Service (SaaS) Developer Tools

Linked Companies

Gitpod
$1M to $5M