# JFrog

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jfrog

- Industry: Software
- Headquarters: Sunnyvale, US
- Website: www.jfrog.com
- Total disclosed funding: $226M
- Latest round: Series D (Oct 4, 2018)
- Investors on record: 11

## About

JFrog Ltd. is a US-based software company specializing in solutions for software supply chain management, particularly within DevOps, DevSecOps, and MLOps frameworks.Founded in 2008 in Sunnyvale, US, JFrog Ltd. provides tools for managing software artifacts and distribution. The company was established by Fred Simon, Shlomi Haim, and Yoav Landman, who have a history of innovation in software development. JFrog completed its IPO in which it raised USD 509.00 mn, marking a significant milestone in its financial journey. The company has engaged in a total of 8 deals.JFrog specializes in a comprehensive suite of products aimed at optimizing software supply chain management for DevOps, DevSecOps, and MLOps teams. Its primary product, JFrog Artifactory, acts as a universal repository manager for software binaries and machine learning models. This platform enables secure management and distribution of artifacts across development teams, streamlining workflows and enhancing collaboration. JFrog's solutions are widely adopted across diverse sectors, including healthcare, technology, automotive, and financial services, with 80% of Fortune 100 companies among its clientele. Their products are marketed globally, spanning North America, Europe, and parts of Asia, aimed at improving software delivery and security processes.In the most recent fiscal year 2024, JFrog generated a revenue of USD 428.49 mn. The company operates on a subscription-based revenue model, granting clients tiered access to its range of products, including Artifactory, JFrog Distribution, and JFrog Connect. This model allows for scalability according to client needs, supplemented by ongoing support and updates.JFrog is focusing on expanding its product capabilities and market presence. The company is in the process of designing new products aimed at enhancing software security and efficiency, with potential launch dates to be announced. Plans for geographic expansion include targeting new markets in Asia and Europe by the end of 2025. The recent IPO funding of USD 509.00 mn will be utilized to support these product developments and market expansions, allowing JFrog to further enhance its offerings and client reach.

## Funding rounds

- Series D, Oct 4, 2018, $165M — Battery Ventures, Insight Partners, Vintage Investment Partners, Gemini Israel Ventures, Scale Venture Partners, Spark Capital, Sapphire Ventures, VMware, Inc., Qumra Capital, Geodesic Capital, Dell Technologies Capital
- Series C, Dec 20, 2015, $50M — Battery Ventures, Vintage Investment Partners, Gemini Israel Ventures, Scale Venture Partners, Sapphire Ventures, VMware, Inc., Qumra Capital
- Series B, Jul 16, 2014, $7M — Gemini Israel Ventures, VMware, Inc.
- Series A, Jun 27, 2012, $3.5M — Gemini Israel Ventures

## Investors

- Gemini Israel Ventures (https://capitalatlas.ai/funds/gemini-israel-ventures) — Series A, Series B, Series C, Series D
- VMware, Inc. — Series B, Series C, Series D
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series C, Series D
- Vintage Investment Partners (https://capitalatlas.ai/funds/vintage-investment-partners) — Series C, Series D
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series C, Series D
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series C, Series D
- Qumra Capital (https://capitalatlas.ai/funds/qumra-capital) — Series C, Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series D
- Spark Capital — Series D
- Geodesic Capital (https://capitalatlas.ai/funds/geodesic-capital) — Series D
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series D