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German Code Startup Gitpod Secures $3m Funding

October 8, 2020

German startup Gitpod, a devtool popular with some of the world’s most successful tech teams, has raised a $3 million seed funding round, and will natively integrate with San Francisco’s GitLab.

The round, led by Berlin’s SpeedInvest with additional funds from British VC Crane Venture Partners and Vertex Ventures US, will be spent on refining the Gitpod platform, and expanding open-source community relationships.

“With software engineering moving to remote but collaborative work, we see Gitpod securely allowing multiplayer mode for developers while saving VPs of Engineering hundreds of hours of tool setup-time,” Vertex Ventures US partner Sandeep Bhadra told Tech.eu.

Gitpod, developed by the Kiel-based devtool specialist firm TypeFox, aims to streamline software development. The firm wants to “democratize software development by minimizing onboarding effort and context switches through instant, automated, and ready-to-code development environments,” according to the company’s website.

Gitpod is already used by many of the world’s biggest tech companies. According to a blogpost by TechFox co-founder Sven Efftinge and engineer Cornelius Ludmann, “GitLab and Gitpod started a partnership to bring Gitpod’s ready-to-code dev environments to GitLab.

“As a first result of this collaboration you can now launch cloud-based dev environments with one click directly from gitlab.com.”

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Filed Under: Europe, Finance, Software, Startups

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