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Founded in 2008 by Chris Wanstrath, Tom Preston-Werner, PJ Hyett, and Scott Chacon, GitHub is a San Francisco web platform providing version control and collaboration tools for software developers using Git. The company operates on a freemium business model, offering free public repositories for open source communities alongside paid enterprise subscriptions for private code hosting. After raising a $100 million Series A funding round led by Andreessen Horowitz at a $750 million valuation in 2012, the platform experienced massive growth. This expansion culminated in a landmark acquisition by technology giant Microsoft, which purchased the code hosting platform for seven and a half billion dollars in June 2018. At the time of the Microsoft acquisition, the platform supported over 20 million users, generated $300 million in annualized recurring revenue, and maintained a workforce of 1,000 employees.
GitHub has raised $350.0M across 2 funding rounds.
Key people at GitHub.
GitHub was founded in 2008 by Chris Wanstrath (Founder) and Pj Hyett (Founder).
GitHub has raised $350.0M in total across 2 funding rounds.
GitHub is a leading software development platform and code repository system, now owned by Microsoft. It serves millions of developers and 1.8 million companies worldwide, enabling collaborative coding, project tracking, and code sharing. GitHub’s core product offers both free public repositories and paid private repositories with enterprise features. Since its acquisition by Microsoft in 2018 for $7.5 billion, GitHub has expanded beyond code hosting to include integrated developer tools like CI/CD pipelines (GitHub Actions) and cloud-based development environments (Codespaces), fueling strong growth and surpassing $1 billion in annual recurring revenue[1][3][8].
Founded in 2008 in San Francisco by Chris Wanstrath and others, GitHub emerged from the need for a social, collaborative platform for developers using Git version control. Its early traction was driven by the rapid adoption of open source projects and developer communities. Microsoft’s acquisition in 2018 marked a pivotal moment, reflecting Microsoft’s strategic shift toward open source and cloud services under CEO Satya Nadella. GitHub continues to operate independently, maintaining its developer-first ethos while leveraging Microsoft’s cloud infrastructure and sales capabilities to accelerate enterprise adoption[1][2][5][8].
GitHub rides the wave of open source software’s dominance in modern development and the shift toward cloud-native, collaborative workflows. The timing of Microsoft’s acquisition aligned with its transformation into a cloud-first, open source-friendly company, enabling GitHub to scale rapidly in enterprise markets. GitHub influences the broader ecosystem by setting standards for code collaboration, enabling continuous integration/deployment, and fostering a global developer community that drives innovation across industries[1][3][5].
GitHub is poised to deepen its integration with Microsoft’s cloud and AI services, enhancing developer productivity through automation, security, and intelligent tooling. Trends such as AI-assisted coding, cloud-native development, and increased enterprise digital transformation will shape GitHub’s evolution. Its influence is likely to grow as it remains the central hub for software development worldwide, bridging open source innovation with enterprise needs while maintaining its independent, developer-centric culture[8]. This trajectory underscores Microsoft’s strategic vision of empowering developers and accelerating cloud adoption through GitHub’s platform.
Key people at GitHub.
GitHub has raised $350.0M across 2 funding rounds. Most recently, it raised $250.0M Series B in July 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2015 | $250M Series B | Sequoia Capital | Andreessen Horowitz, Benchmark, Felicis Ventures, Glasswing Ventures, Insight Partners, Lazerow Ventures, Matrix, Neotribe Ventures, Jeff Richards, Redpoint Ventures, Refactor Capital, Scale Venture Partners, True Ventures, WGI Group, JOE Zawadzki, A16z Scout Fund, IVP, Thrive Capital | Announced |
| Jul 1, 2012 | $100M Series A | Andreessen Horowitz | Benchmark, Refactor Capital | Announced |
GitHub was founded in 2008 by Chris Wanstrath (Founder) and Pj Hyett (Founder).
GitHub has raised $350.0M in total across 2 funding rounds.
GitHub's investors include Sequoia Capital, Andreessen Horowitz, Benchmark, Felicis Ventures, Glasswing Ventures, Insight Partners, Lazerow Ventures, Matrix, Neotribe Ventures, Jeff Richards, Redpoint Ventures, Refactor Capital.