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Ukraine’s software startup GitLab raised $20 million from Goldman Sachs

Monday, December 10, 2018
Ukraine’s software startup GitLab raised $20 million from Goldman Sachs

Ukraine’s software startup GitLab raised $20 million from Goldman Sachs in its latest investment round, the company reports. The GitLab platform allows large groups of programmers to all work on the same piece of software at the same time. In a recent interview with AIN, Dmitry Zaporozhets, a founder, says the company aims to nearly double its staff to 500 and to launch an IPO in 2020. Presently, the company is valued at $1.1 billion, making it a ‘unicorn.’

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