The software development lifecycle company behind the popular code collaboration software, Gitlab has just recently raised another $268 million in Series E funding which now puts them at a whopping $2.75 billion valuation. There are talks of a planned IPO in the year 2020 and with the issues surrounding uncertainties in the market due to the covid-19 virus global pandemic, it is unclear if the plan for the IPO this year will still continue.
The new funding was lead by Goldman Sachs and Iconiq Capital including Y Combinator Continuity Fund and other existing and new investors. According to several sources, this will be the last round of funding before filling for the IPO. More details information about the IPO plan can be found here https://about.gitlab.com/handbook/being-a-public-company/
With several features being added to the flagship Gitlab software to make it a comprehensive lifecycle software to manage code collaboration, integrate and deliver softwares continuously as a whole will make it very attractive to investors as a public company.