JFrog grabs $7 mln Series B

JFrog said Wednesday that it has raised $7 million in Series B round funding. The investors included VMware and Gemini Ventures. Based in Israel and Calif., Jfrog provides tools for software developers.

PRESS RELEASE

July 16, 2014, Santa Clara, CA – JFrog, a software build and distribution company, announced today that it has closed a $7 million Series B round of funding. Series B investors include VMware and a follow-on investment from Gemini Ventures, who led JFrog’s Series A round of funding. Proceeds from the new funds will be used to expand the company’s R&D staff, fuel open-source activities, and drive sales and marketing efforts worldwide.

“We are witnessing a revolution and industrialization of modern software delivery,” said Shlomi Ben Haim, JFrog CEO. “With Artifactory and Bintray’s seamless integration with Continuous-Integration ecosystem, JFrog has become the uncompromising standard among Fortune 500 companies and open-source projects. JFrog’s state-of-the-art products position the company as a leading pioneer managing the software development cycle. Within a few years, all software will be built and released “the JFrog way”.

“App developers today are increasingly building applications by dynamically assembling thousands of code components. Managing these, together with in-house components to build and distribute software has become a huge pain point for developers and DevOps, especially when it comes to building applications for the Cloud,” said Ramin Sayar, senior vice president and general manager, Cloud Management, VMware. “We are excited to see solutions like JFrog’s Artifactory complement VMware vCloud® Automation Center™ to help customers simplify and accelerate the application development and release process in hybrid cloud environments.”

JFrog is a rapidly growing startup that is changing the way software is developed, managed and distributed around the globe. Founded by longtime field experts in 2008, it is the only company to offer an end-to-end solution from Development-to-Distribution. JFrog’s products, Artifactory and Bintray, impact millions of developers and DevOps daily at companies and institutions such as Twitter, Netflix, CA, Apple, LinkedIn, Oracle, EMC, Amazon, the US Navy and more.

About JFrog:
JFrog provides world class infrastructure for software management and distribution in open-source, On-prem and SaaS cloud solutions. JFrog’s platform is a revolutionary solution that has changed the way companies and individuals develop, release and distribute software. JFrog’s Artifactory Binary Repository Manager and Bintray the binaries distribution platform is being used by millions of Developers around the world. The company is privately held and operated from Israel and California. More information can be found at: www.jfrog.com

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