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GitLab’s Growth: Strategic Partnerships, High-Demand Offerings, and Alphabet’s Investment

To be sure, Alphabet still has a small minority stake in GitLab — although its recent regulatory filing indicates its investment is a “member of 10% group,” meaning that Alphabet’s GV is working with a consortium of investors that collectively have a more-than-10% stake in GitLab.  

Funnel business to Google Cloud, the way GitHib is doing it for Azure.

NVIDIA selected Gitlab Geo to tackle scalability and security issues, enabling their remote teams to operate with greater efficiency and effectiveness. This implementation reduces the duration required for cloning and project management, facilitating smoother operations.

GitLab’s Ultimate tier witnessed remarkable growth in the fourth quarter of fiscal 2024, with 50% of Annual Recurring Revenue (ARR) attributed to this tier.  – Kind of reminding you of Apple’s priciest I-phones getting the most demand.