The sector has taken a beating in 2022 as rising interest rates have compressed valuations, and fears of a recession are weighing on growth rates. Gitlab (NASDAQ: GTLB), which went public a little more than a year ago, offers companies a single platform for DevOps -- the tools businesses need to build and deploy software quickly. While Gitlab is unprofitable, its margins are improving, and its gross margins are among the best in the software industry, with an adjusted gross margin of 89% in its most recently reported quarter, which ended July 31.