Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more

Just two months ago, I wrote about seed funding for GitLab, a startup that provides open-source software for managing source code repositories. Today the startup is back at it, announcing a new $4 million series A round. All of the new money came from previous investor Khosla Ventures.

“They’re really on a roll!” — as a spokeswoman for the startup told me in an email.

Organizations like Expedia, CERN, and NASA use GitLab in their on-premises data centers. The only thing marring GitLab’s view is a little company called GitHub. GitHub’s software, while based on the open-source Git software for managing repositories, is not entirely open-source, but GitHub does have scale — 10 million users. And GitHub announced a $250 million funding round in July.

Meanwhile, hosted Git repositories have popped up from public cloud providers Amazon Web Services and Google Cloud Platform. But those don’t have the open-source project collaboration that GitHub, and, to a lesser extent, GitLab boast.

Now GitLab has more money to spend on sales and marketing, among other areas, and its name could soon be a bit more widely known as a result.

Previous investors include 500 Startups, CrunchFund, Sound Ventures, Liquid 2 Ventures, FundersClub, and MSD Capital. GitLab participated in the winter 2015 batch of Silicon Valley accelerator Y Combinator after the company GitLab B.V. was established last year (the GitLab open-source project dates back to 2011). The startup has offices in Amsterdam and San Francisco.


VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member