GitLab

GitLab Inc. is an open-core company that operates GitLab, a DevOps software package which can develop, secure, and operate software.[9] The open source software project was created by Ukrainian developer Dmytro Zaporozhets and Dutch developer Sytse Sijbrandij.[10] In 2018, GitLab Inc. was considered the first partly-Ukrainian unicorn.[11][12]

Not to be confused with Git or GitHub.
GitLab Inc.
Type of site
Available inEnglish
Traded asNasdaq: GTLB[2]
Area servedWorldwide
OwnerGitLab Inc.
Founder(s)
  • Dmytro Zaporozhets
  • Sytse "Sid" Sijbrandij
Key people
IndustrySoftware
RevenueIncrease US$424.3 million (2022)[3]
Operating incomeDecrease US$−211.4 million (2022)[3]
Net incomeDecrease US$−172.3 million (2022)[3]
Total assetsIncrease US$1.169 billion (2022)[3]
Total equityDecrease US$771.0 million (2022)[3]
Employees1,630 (January 2022)[4]
URLabout.gitlab.com
CommercialYes
RegistrationOptional
Launched2014 (2014)[5]
Current statusOnline
Written inRuby, Go and Vue.js
[3]
GitLab Application
Initial release2011 (2011)
Stable release
15.11.2[6] Edit this on Wikidata / 5 May 2023 (5 May 2023)
Repository
Written inRuby, Go and JavaScript
Operating systemCross-platform
Platformx86-64, ARMhf
LicenseCommunity Edition: MIT License and other free software licenses[7]
Enterprise Edition: Source-available proprietary software[7][8]
Websiteabout.gitlab.com Edit this on Wikidata

Since its foundation, GitLab Inc. promoted remote work,[13] and is known to be among the largest all-remote companies in the world.[14] GitLab has an estimated 30 million registered users, with 1 million being active licensed users.[9][15]

Overview

GitLab Inc. was established in 2014 to continue the development of the open-source code-sharing platform launched in 2011 by Dmytro Zaporozhets. The company's other co-founder Sytse Sijbrandij initially contributed to the project and, by 2012, decided to build a business around it.[16][17] GitLab offers its platform as a freemium.[16] Since its foundation, GitLab Inc. has been an all-remote company. By 2020, the company employed 1300 people in 65 countries.[13][18]

History

The company participated in the Y Combinator seed accelerator Winter 2015 program. By 2015 notable customers included Alibaba Group and IBM.[17]

During January of 2017, a database administrator accidentally deleted the production database in the aftermath of a cyber attack, causing the loss of a substantial amount of issue and merge request data.[19] The recovery process was live-streamed on YouTube.[20][21]

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.[22]

In May 2018, GNOME moved to GitLab with over 400 projects and 900 contributors.[23][24]

On August 1, 2018, GitLab Inc. started development of Meltano.[25]

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.[26] In order to overcome this issue, the non-profit organisation Framasoft provides a Debian mirror to make GitLab CE available in those countries.[27]

In October 2019, the company introduced a no-vetting policy for customers (except when required by law) and banned political discussions in the workplace. These restrictions were subsequently relaxed in response to criticism.[28][29]

In 2020, due to the COVID-19 pandemic, GitLab Inc. released its Guide to All-Remote and a course on remote management to aid companies in building all-remote work cultures.[30][31]

April 2020 saw the expansion of GitLab Inc. into the Australian and Japanese markets.[32][33] In November that same year, GitLab Inc. was valued at more than $6 billion in a secondary market evaluation.[34]

In 2021, OMERS participated in a secondary shares investment in GitLab Inc.[35]

On June 2, 2021, GitLab Inc. also acquired UnReview, a tool that automates software review cycles.[36]

On March 18, 2021, GitLab Inc. licensed its technology to Chinese company JiHu.[37]

On June 30, 2021, GitLab Inc. spun out Meltano, an open source ELT platform.[38]

On July 23, 2021, GitLab Inc. open-sourced Package Hunter, a Falco-based tool that detects malicious code.[39]

On August 4, 2022, GitLab's plans to change its Data Retention Policy and automatically delete inactive repositories that have not been modified for a year became public. As a result, in the following days GitLab received much criticism from the open source community.[40] 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.[41][42]

Fundraising

GitLab Inc. initially raised $1.5 million in seed funding.[17]

Subsequent funding rounds include:

  • September 2015 - $4 million in Series A funding from Khosla Ventures.[43]
  • September 2016 - $20 million in Series B funding from August Capital and others.[44]
  • October 2016 - $20 million in Series C funding from GV and others.[45]
  • 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.[46][47]

IPO

On September 17, 2021, GitLab Inc. publicly filed a registration statement on 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.[48] The firm began trading on the NASDAQ Global Select Market under the ticker "GTLB" on October 14, 2021.[49]

Adoption

GitLab Forge was officially adopted in 2023 by the French ministry for education to create a "Digital Educational Commons" of educational resources.[50]

Acquisitions

In March 2015, GitLab Inc. acquired Gitorious, a competing Git hosting service.[51] Gitorious had at the time around 822,000 registered users.[51] Users were encouraged to move to GitLab, and the Gitorious service was discontinued in June 2015.[51]

On March 15, 2017, GitLab Inc. announced the acquisition of Gitter.[52] 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.[53]

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.[54] 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.[55]

On June 11, 2020, GitLab Inc. acquired Peach Tech, a security software firm specializing in protocol fuzz testing, and Fuzzit.[56]

On December 14, 2021, GitLab Inc. announced that it had acquired Opstrace, Inc., developers of an open source software monitoring and observability distribution.[57]

See also

References
  1. "GitLab 14 Delivers Modern DevOps in One Platform". DevPro Journal. July 12, 2021.
  2. Sijbrandij, Sid (October 14, 2021). "GitLab goes public on Nasdaq a $10 billion IPO". CNBC.
  3. "GitLab Reports Fourth Quarter and Full Year 2023 Financial Results". ir.gitlab.com. 15 March 2023.
  4. "GitLab Inc. 2021 Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Commission. 8 April 2022.
  5. "GitLab hauls in $268M Series E on 2.75B valuation". 17 September 2019.
  6. "GitLab Critical Security Release: 15.11.2, 15.10.6, and 15.9.7". 5 May 2023.
  7. "GitLab LICENSE file". Retrieved 29 March 2020.
  8. "GitLab Enterprise Edition LICENSE file". Archived from the original on 22 March 2021. Retrieved 29 March 2020.
  9. "GitLab goes public on Nasdaq a $10 billion IPO". CNBC. October 14, 2021.
  10. Lee, Isabelle. "Coding platform GitLab leaps 23% in trading debut after pricing IPO at $77 a share". Markets Insider.
  11. "GitLab, founded by a Ukrainian citizen, raised $100 million. It became a unicorn valued at $ 1.1 billion". AIN.UA. 2018-10-30. Retrieved 2019-09-27.
  12. "Dmytro Zaporozhets, GitLab: "I believe that GitLab can be called a Ukrainian startup"". AIN.UA. 2018-11-30. Retrieved 2019-09-27.
  13. Novet, Jordan (July 18, 2020). "This Company Was Fully Remote with 1,300 Employees Long before Coronavirus — Here's How They Did It". CNBC.
  14. Cameron Albert-Deitch (September 23, 2019). "This $2.75 Billion Company Employs Only Remote Workers. Here's How It Works". Inc. Retrieved December 9, 2022.
  15. Goled, Shraddha (September 22, 2021). "GitLab To Go Public: Tracing The Company's Highs & Lows". Analytics India Magazine.
  16. Albert-Deitch, Cameron (13 November 2018). "How This Startup Made $10.5 Million in Revenue With Every Single Employee Working From Home". Inc.com.
  17. Novet, Jordan (9 July 2015). "Y Combinator-backed GitHub competitor GitLab raises $1.5M". VentureBeat. Archived from the original on 2021-03-22. Retrieved 2017-07-12.
  18. Liu, Jennifer (December 9, 2020). "How a Company with 1,300 Remote Workers in 65 countries Is Approaching Holiday Events". CNBC.
  19. "GitLab.com Database Incident". Archived from the original on 22 March 2021. Retrieved 1 Feb 2017.
  20. "Gitlab Database Incident - Live Troubleshooting - YouTube". YouTube. Archived from the original on 2021-03-22. Retrieved 2018-08-01.
  21. Hughes, Matthew (2017-02-01). "GitLab offline after catastrophic database error loses mountains of data". The Next Web. Retrieved 2018-08-01.
  22. "GitLab gets a native integration with Google's Kubernetes Engine". TechCrunch. 5 April 2018. Retrieved 2019-12-29.
  23. "GNOME, welcome to GitLab!". GitLab. Retrieved 2018-06-06.
  24. "GNOME moves to Gitlab – GNOME". www.gnome.org. Archived from the original on 25 March 2021. Retrieved 2018-06-06.
  25. "Hey, data teams - We're working on a tool just for you". 2018-08-01. Retrieved 2021-08-25.
  26. "Update on our planned move from Azure to Google Cloud Platform". The Official Gitlab Blog. 2018-07-19. Retrieved 2018-12-18.
  27. "Framasoft Gitlab CE's repositories mirror". apt.gitlab.mirror.Framasoft.org..
  28. Claburn, Thomas. "Blood money is fine with us, says GitLab: Vetting non-evil customers is 'time consuming, potentially distracting'". www.theregister.com. Retrieved 2022-05-26.
  29. Claburn, Thomas. "GitLab reset --hard bad1dea: Biz U-turns, unbans office political chat, will vet customers". www.theregister.com. Retrieved 2022-10-31.
  30. Miller, Ron (March 24, 2020). "GitLab offers key lessons in running an all-remote workforce in new e-book". TechCrunch.
  31. Daso, Frederick (October 4, 2021). "Pareto Eliminates Mundane Tasks For Founders Building Their Startups". Forbes.
  32. Tan, Aaron (April 15, 2020). "GitLab expands into Australia as DevOps tooling market heats up". Computer Weekly.
  33. Akutsu, Yoshikazu (April 30, 2020). "GitLab launches in the Japanese market "DevOps life cycle is realized in a single unit"". TechRepublic.
  34. Levy, Ari (December 1, 2020). "GitLab is being valued at more than $6 billion in secondary share sale". CNBC.
  35. "OMERS Participates in Secondary Shares Deal of GitLab". SWFI. Retrieved 2021-01-19.
  36. Lardinois, Frederic (June 2, 2021). "GitLab acquires UnReview as it looks to bring more ML tools to its platform". TechCrunch.
  37. "GitLab China established a joint venture company "Jihu"". Finance Sina. March 19, 2021.
  38. "Meltano Spins out of GitLab, Raises $4.2M in Seed Funding Led by GV to Enhance Open Source Data Integration". GitLab. Retrieved 25 August 2021.
  39. Sawers, Paul (August 2, 2021). "GitLab's open source Package Hunter detects malicious code in dependencies". Venture Beat.
  40. Sharwood, Simon (August 4, 2022). "GitLab plans to delete dormant projects in free accounts". The Register.
  41. Sharwood, Simon (August 5, 2022). "GitLab U-turns on deleting dormant projects after backlash". The Register. Retrieved 2022-08-08.
  42. @gitlab (August 4, 2022). "Gitlab's response regarding inactive repos" (Tweet). Retrieved 2022-08-08 – via Twitter.
  43. "GitLab Raises $4M Series A Round From Khosla Ventures". TechCrunch. 17 September 2015. Archived from the original on 22 March 2021. Retrieved 17 Dec 2016.
  44. Miller, Ron (13 September 2016). "GitLab secures $20 million Series B". TechCrunch. Archived from the original on 22 March 2021. Retrieved 3 Nov 2016.
  45. "GitLab raises $20M Series C round led by GV". TechCrunch. Retrieved 2018-08-01.
  46. "Ukrainian startup GitLab raises $268 million at a valuation of $2.7 billion". AIN.UA. 2019-09-18. Retrieved 2019-09-27.
  47. "GitLab raises $268 million at a $2.7 billion valuation". VentureBeat. 2019-09-17. Retrieved 2019-09-27.
  48. Levy, Ari (September 17, 2021). "Microsoft GitHub rival GitLab files to go public after annualized revenue tops $200 million". CNBC.
  49. Boorstin, Julia; Fortt, Jon (October 14, 2021). "GitLab goes public on Nasdaq a $10 billion IPO". CNBC TechCheck.
  51. Degeler, Andrii (2015-03-03). "Code Collaboration Platform GitLab Acquires Rival Gitorious". The Next Web. Archived from the original on 2021-03-22. Retrieved 2018-08-01.
  52. "GitLab acquires software chat startup Gitter, will open-source the code". VentureBeat. 2017-03-15. Retrieved 2018-08-01.
  53. "Gitter is joining the GitLab team". GitLab. Retrieved 2017-03-15.
  54. "GitLab acquires Gemnasium to strengthen its security services". TechCrunch. Retrieved 2018-08-01.
  55. Condon, Stephanie. "GitLab makes CI/CD tools available for GitHub repositories | ZDNet". ZDNet. Retrieved 2018-08-01.
  56. Taft, Darryl (June 12, 2021). "GitLab makes two acquisitions to shift fuzz testing left". TechTarget.
  57. "GitLab will create the first integrated observability solution within a DevOps Platform". GitLab Investor Relations. December 14, 2021.
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