Gitpod, an open-source developer platform, has raised $3 million in a seed funding round backed by Crane Venture Partners, Speedinvest, and Vertex Ventures.
Founded in 2019, the German startup allows developers to automate routine procedures needed to set up and maintain their online workspaces, leaving them free to focus on the task at hand.
"Our vibrant open-source community enables developers to treat environments as automated but customizable resources they can spin up whenever they need them, and close down and forget about when they are done with their task," said Sven Efftinge, Gitpod cofounder and CEO.
The firm said the funding would be used to fine-tune the platform's automation capabilities, as well as to expand its open-source community and establish new partnerships.
"Gitpod's developer-centric obsession has enabled them to build the best-of-breed technology in the rapidly growing market around dev environment automation," said Krishna Visvanathan, cofounder and partner at Crane Venture Partners.
Business Insider got an exclusive look at the pitch deck Gitpod used to bring investors on board. Check it out below:
