GitHub provides a cloud-hosted collaboration platform and version control service around the Git tool, serving developers and teams. The company plans to use the new funding to accelerate growth, expand its sales and engineering teams, and to take larger risks including likely acquisitions. GitHub is pushing international expansion — it recently opened an office in Japan and says about 70% of its users are outside the U.S. Its enterprise offering, launched in 2011, has seen strong growth and the CEO said it is “doing super well” with some “blockbuster quarters,” though the company does not disclose enterprise revenue. GitHub reports roughly 10 million users collaborating on over 25 million projects, and its paid plans start at $5/month. The company was founded in 2008 and has been a leader among services that offer Git as a service. GitHub operates a hosted code repository and social collaboration site for developers (GitHub.com). Since debuting in 2008 it has grown into a widely used developer destination and social network for programmers. The company is building GitHub Enterprise, a server-side/on-premise version of GitHub designed for enterprise deployment and integration with open virtualization formats (OVF). Plans include a package system to simplify upgrades (weekly and quarterly) and an initiative dubbed “GitHub Everywhere.” The team sees competitors in IBM Rational, Perforce, and Clearcase and aims to disrupt enterprise software development workflows. Financially, the company completed its first venture-capital infusion and was reported to have a $750 million valuation.

Total raised

$350M

Funding rounds

2

Latest round

Series B

Latest activity

Jul 2015