Groovy 1.0 was released on January 2, 2007, and Groovy 2.0 in July, 2012. Since version 2, Groovy can be compiled statically, offering type inference and performance near that of Java. Groovy 2.4 was the last major release under Pivotal Software’s sponsorship which ended in March 2015. Groovy 2.5.2 is the latest stable version of Groovy. Groovy has since changed its governance structure to a Project Management Committee in the Apache Software Foundation.