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JFrog Ltd. (NASDAQ: FROG) is a leading provider of an end-to-end, hybrid, universal DevOps Platform that revolutionizes how software developers and DevOps teams build, manage, and distribute software. Headquartered in Sunnyvale, California, with additional offices in Israel and France, JFrog boasts a substantial global presence.
At the core of JFrog's offerings is the JFrog Artifactory, an innovative binary repository manager that began as an open-source project and has since expanded into Pro and Enterprise versions. Additionally, JFrog has developed Bintray, the first Distribution as a Service (DaaS) platform, further advancing the company's role in the software development ecosystem.
JFrog's product lineup includes:
- JFrog Pipelines: A robust CI/CD automation tool.
- JFrog Xray: Security and compliance scanning for open-source dependencies.
- JFrog Distribution: Efficient software distribution management.
- JFrog Artifactory Edge: Deployment of edge nodes for faster access to binaries.
- JFrog Mission Control: Centralized management for DevOps tools.
- JFrog Insight: Advanced analytics for software delivery processes.
JFrog has garnered a prestigious client list, including tech giants like Apple, Tesla, Twitter, and Google, along with over 700 other major enterprises. The company sustains its growth and innovation through a dedicated team of professionals and a passionate community of developers.
Financially, JFrog is well-funded and has a diversified revenue stream, with a significant portion coming from Israel, the United States, India, and other regions. The company is committed to delivering secure and continuous software updates, solidifying its status as a standard-setter in the DevOps industry.
JFrog Ltd. (NASDAQ: FROG) reported a strong first quarter for 2021, achieving 37% revenue growth to $45.1 million, up from $32.8 million a year prior. The company also noted a 130% net dollar retention rate and increased customer additions. Q1 GAAP gross profit was $36.7 million with an 81.3% gross margin. Despite a GAAP operating loss of ($10.6 million), JFrog anticipates Q2 revenue between $47.6 million and $48.6 million and a full-year outlook of $198 million to $204 million. Cash and investments totaled $605.7 million.
JFrog Ltd. (NASDAQ: FROG) has announced its annual virtual DevOps user conference, swampUP, scheduled for May 25-27 for the Americas and June 1-3 for EMEA. The event focuses on bringing the developer community together to learn and navigate the latest trends in DevOps and DevSecOps. Key speakers include CEOs from leading tech firms and diverse industry leaders. The conference will feature hands-on training, panel discussions, and over 40 sessions. Registration is open, and a free pass is available to secure a spot.
JFrog Ltd. (NASDAQ: FROG) announced an expansion in the Asia-Pacific (APAC) region, particularly in China, to enhance its DevOps solutions. This move complements its existing operations in India and Japan and aims to meet the rising demand from Chinese enterprises for software delivery automation. IDC forecasts significant growth in software production among APAC companies by 2025, further highlighting the need for integrated DevOps solutions. The expansion includes local support teams for technical, sales, and marketing, positioning JFrog to better serve its growing customer base in China.
JFrog (NASDAQ: FROG) has launched a new bi-directional integration with Jira, enhancing collaboration and traceability for mutual users. This integration links Jira issues to software binaries managed in JFrog Artifactory, streamlining the software delivery process. Developers can now trace each issue to its corresponding binary, improving visibility and collaboration across teams. The integration aims to accelerate application releases and enhance developer productivity, aligning with JFrog's mission to facilitate seamless software updates from development to production.
JFrog Ltd. (NASDAQ: FROG) announced a virtual gathering of major DevOps CEOs at the swampUP conference. Scheduled for May 26 and June 2, 2021, the panel includes leaders from Datadog, PagerDuty, Elastic, and HashiCorp, who will discuss the future of DevOps. CEO Shlomi Ben Haim emphasized the accelerating role of DevOps in digital transformation, especially post-COVID-19. IDC forecasts that by 2022, 65% of global GDP will be digitalized, underscoring the importance of DevOps in competitive advantage and software delivery.
JFrog Ltd. (NASDAQ: FROG) has launched its DevOps Platform Enterprise+ on the Google Cloud Marketplace as a SaaS subscription. This comprehensive offering is tailored for large enterprises, enhancing modern application delivery through features like binaries management, container registry, and CI/CD pipelines. With just a few clicks, Google Cloud customers can deploy this solution, which includes continuous security scanning via JFrog Xray and high-touch support. This partnership with Google demonstrates a commitment to delivering flexible and secure software solutions.
JFrog Ltd. (NASDAQ: FROG) announced it will report its financial results for Q1 FY2021 on May 6, 2021, post-market close. The company will host a conference call at 2:00 p.m. PT to discuss these results. JFrog is known for its DevOps platform that facilitates seamless software delivery from development to production. It offers a hybrid, multi-cloud solution trusted by millions, including many Fortune 100 companies.
JFrog Ltd. (NASDAQ: FROG) has announced that its DevOps tools, JFrog Artifactory and JFrog Xray, are now available for deployment on AWS GovCloud and Azure Government clouds. This move supports government agencies and regulated industries by facilitating secure and efficient software delivery. The deployment options are designed to integrate with existing self-hosted licenses, enhancing the DevOps adoption process. This expansion allows clients to leverage JFrog’s solutions within strict compliance and security standards while streamlining their software release processes.
This press release from JFrog discusses its participation in two upcoming investor conferences. The first is the KeyBanc Emerging Technology Summit, where JFrog will present on February 24, 2021, at 10:55 AM ET. The second conference is the Morgan Stanley Technology, Media and Telecom Conference, scheduled for March 1, 2021, at 1:15 PM ET. JFrog invites investors to access live webcasts and replays on its investor relations website. The company emphasizes its mission to facilitate seamless software delivery through its DevOps platform, serving numerous Fortune 100 companies.
JFrog Ltd. (NASDAQ: FROG) announced that its IPO lock-up agreements will end on February 22, 2021, allowing the sale of remaining shares by directors and major shareholders. A portion of shares already became available on November 25, 2020. This release comes as JFrog continues to support its mission of delivering seamless software development solutions through its multi-cloud DevOps platform, trusted by many Fortune 100 companies.
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