News > Coding Platform GitLab Valued At $14.9 Billion In Strong Market Debut

Coding Platform GitLab Valued At $14.9 Billion In Strong Market Debut

News18 | 15/10/2021 08:33 AM | Click to read full article

GitLab Inc shares jumped about 35% above their offer price in their Nasdaq debut on Thursday, giving the software development platform a market capitalization of $14.9 billion, showing a strong investor appetite for fast-growing software companies.

GitLab offers both free and paid versions of developer operations platform, a single application that brings together software development and IT operations.