GITLAB INC.
About GITLAB INC.
GitLab Inc. develops and owns GitLab, an intelligent orchestration platform for the entire DevSecOps software development lifecycle. The platform integrates tools for planning, coding, security scanning, compliance, and deployment into a single application. Founded in 2012 and incorporated in 2014, the company generates revenue through premium tiers starting at $19 per user per month for enterprise features and $99 for advanced security and compliance. It serves 383 customers spending at least $100,000 annually, with Q2 revenue of $58.1 million, up 69% year-over-year.
Investors
Key highlights
- Completed Nasdaq IPO in October 2021 at $10 billion valuation under ticker GTLB.
- Last pre-IPO valuation reached $6 billion in a 2021 secondary financing.
- 383 customers spend at least $100,000 annually on premium tiers.
- Q2 revenue grew 69% year-over-year to $58.1 million.
- Spun off Meltano Inc. in 2021 after internal development since 2018.
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