Coding Platform GitLab Files for U.S IPO

GitLab Inc, a coding platform backed by the likes of ICONIQ Capital and Khosla Ventures, filed for an initial public offering in the United States, according to a regulatory filing on Friday.

Gitlab did not disclose the terms for its offering. The company was valued at $6 billion after a secondary share sale in January, according to startup data platform PitchBook.

The company had said after a 2019 funding here that it may choose to go public through a direct listing instead of a traditional IPO.

Goldman Sachs, J.P. Morgan and BofA Securities are the lead underwriters for the IPO.

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