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In 2012, Sid Sijbrandij became aware of a free open source project that allows developers to collaborate, called GitLab. He told the developer that he was going to take it, put it on the Web and manage it as a business – and he had the blessing to do it, no compensation is required.
"It's a very open mind and an open source ethic: you do not owe me anything," Sijbrandij told Business Insider.
Today, more than 100,000 organizations use GitLab, he said. And he is aiming for an IPO in 2020. Sijbrandij built the entire company – 500 employees in 50 countries – without any headquarters, and every employee, including himself, working remotely.
GitLab has focused its offering on the highly developed DevOps market, a trend that allows programmers to release new software features continuously. This requires giving developers special tools to create, track and monitor their software, which is a major goal of GitLab.
In September, around the same time that Microsoft bought its main competitor, GitHub, for $ 7.5 billion, GitLab raised $ 100 million worth $ 1.1 billion, for a total of $ 146 billion. millions of dollars.
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