What is JFrog?
Founded in 2008 and headquartered in Sunnyvale, California, JFrog Ltd. specializes in developing and providing a comprehensive binary repository management solution tailored for software developers. Its core offering, Bintray, serves as a community SaaS platform enabling developers to efficiently distribute, store, download, and share software packages. The company's solutions are critical for streamlining the software development lifecycle, ensuring the integrity and speed of software distribution for enterprises globally.
How much funding has JFrog raised?
JFrog has raised a total of $781.5M across 6 funding rounds:
Angel/Seed
$500K
Series B
$7M
Series C
$50M
Series A
$50M
Series D
$165M
Stock Offering
$509M
Angel/Seed (2008): $500K, investors not publicly disclosed
Series B (2014): $7M led by Gemini Israel Ventures and VMware
Series C (2016): $50M supported by Qumra Capital, Battery Ventures, Vintage Investment Partners, BA Venture Partners, and Sapphire Ventures
Series A (2016): $50M, investors not publicly disclosed
Series D (2018): $165M backed by Geodesic Capital, Vintage Investment Partners, Dell, Insight Venture Partners, Spark Capital, Battery Ventures, Sapphire Ventures, and BA Venture Partners
Stock Issuance/Offering (2020): $509M, investors not publicly disclosed
Key Investors in JFrog
Gemini Israel Ventures
Gemini Investors is a private investment firm focused on the smaller end of the middle market, investing in established companies with experienced management teams and strong growth potential. The firm provides both equity and debt capital, engaging in minority ownership or control transactions across various sectors including Business Services, Consumer Products and Services, Healthcare, Later Stage Technology, Manufacturing & Distribution, and Waste & Recycling.
Battery Ventures
Battery partners with exceptional founders and management teams developing category-defining businesses in markets including software and services, enterprise infrastructure, online marketplaces, healthcare IT and industrial technology. Founded in 1983, the firm backs companies at all stages, ranging from seed and early to growth and buyout, and invests globally from offices in Boston, San Francisco, Menlo Park, Israel, London and New York.
Sapphire Ventures
Sapphire Ventures is a venture capital firm focused on investing in and providing services to technology companies. They are based in Palo Alto, California.
What's next for JFrog?
The major enterprise-level funding JFrog has received indicates a strategic push towards scaling its operations and expanding its market reach. This capital infusion is likely to fuel further innovation in its binary repository management solutions, enhance its cloud offerings, and strengthen its global sales and support infrastructure. The company appears poised for significant growth, aiming to solidify its leadership in the DevOps and software supply chain security space.
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