Stories
Slash Boxes
Comments

SoylentNews is people

Git a load of this: GitHub now valued at $2 billion

posted by takyon on Friday July 31 2015, @01:15AM   Printer-friendly
from the git-rich-quick dept.

Arthur T Knackerbracket gits this:

GitHub has received a $250m infusion of venture-capital cash that values the code-sharing website at $2bn.

That means it's worth more than ZenDesk ($1.78bn), slightly less than the New York Times ($2.17bn), and more than stricken Yelp ($1.87bn).

The San Francisco-based upstart said its Series-B funding round was led by VC bigwigs Sequoia Capital, Andreessen Horowitz, Thrive Capital, and Institutional Venture Partners. The round is the second major fundraising push for GitHub. In 2012, the site raised $100m in venture funding. GitHub was founded in 2008, and today has about 300 total employees.

The site reports it hosts 25 million source code repositories, and has 10 million registered users and 33 million unique monthly visits.

Original Submission

 
This discussion has been archived. No new comments can be posted.
Git a load of this: GitHub now valued at $2 billion | Log In/Create an Account | Top | 37 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 3, Informative) by TheRaven on Friday July 31 2015, @08:41AM

    by TheRaven (270) on Friday July 31 2015, @08:41AM (#216210) Journal

    Their free offering is basically marketing and free training on their commercial offering. For small companies, their hosted service is pretty attractive. Developers can use git or svn for checkouts and have integrated bug trackers and wiki and, if they've used the version for open source, no learning curve. Their notification stuff is also pretty nice for when you have a lot of projects that you're not closely involved with, as it makes it easy to get emails for relevant things but drink from a fire hose.

    For more security-conscious companies, they also provide a turn-key VM, so you can run it in your own infrastructure (or someone else's cloud), with Xen and HyperV supported. They also offer some nice-looking (I've not used it) IDE integration.

    Unlike a lot of dot-com businesses, they actually have a product that is quite nice. I'm not sure it's significantly nicer than GOGS [gogs.io], but it's very easy to deploy and the shallow learning curve may be worth it.

    --
    sudo mod me up
    Starting Score:    1  point
    Moderation   +1  
       Informative=1, Total=1
    Extra 'Informative' Modifier   0  
    Karma-Bonus Modifier   +1  
    Total Score:   3