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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.
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.
JFrog Ltd. (NASDAQ: FROG) reported a robust fourth quarter with revenue of $42.7 million, marking a 39% increase year-over-year, and a total fiscal year revenue of $150.8 million, up 44%. The company achieved record operating cash flow of $12.8 million and free cash flow of $11.9 million. Despite a GAAP operating loss of $8 million, non-GAAP operating income reached $2.2 million. For Q1 2021, JFrog expects revenue of $44-$45 million, and for the full year 2021, revenue guidance is between $196 million and $204 million, reflecting continued growth and demand for its DevOps platform.
Sapphire Ventures has successfully raised $1.7 billion across multiple funds, increasing its total Assets Under Management (AUM) to over $5.7 billion. This capital will primarily support investments in Series B to IPO stages of enterprise technology companies in the U.S., Europe, and Israel. In 2020, Sapphire committed more than $970 million to 48 companies, achieving notable milestones including IPOs for JFrog (NASDAQ: FROG) and Sumo Logic (NASDAQ: SUMO).
JFrog has entered into a partnership with Docker to enhance cloud-native application development for developers using JFrog Cloud. The agreement grants unlimited, high-performance access to Docker Hub and Docker Official Images, facilitating streamlined container usage. Key benefits include dedicated support for mutual customers and improved developer experience. JFrog's Artifactory, recognized as the first universal software package management solution, continues to serve major enterprises. This collaboration aims to accelerate software deployment and improve developer workflows.
JFrog Ltd. (NASDAQ: FROG) has formed a strategic partnership with Docker to enhance cloud-native application development. This collaboration allows developers using JFrog Cloud to access Docker Hub with unlimited, high-performance capabilities, streamlining the development process.
Key benefits include premier access to trusted content, dedicated support for mutual customers, and a focus on enterprise-grade reliability. JFrog’s Artifactory, a universal package management solution, will enable efficient use of container images in applications. The partnership aims to improve developer experiences and facilitate cloud-native application delivery.
JFrog Ltd. (NASDAQ: FROG) announced it will report its fourth quarter and fiscal year 2020 financial results on February 11, 2021, after the market closes. A conference call is scheduled for the same day at 2:00 p.m. PT to discuss the results. The company is focused on delivering a seamless software flow from developers to production using its hybrid DevOps platform, which is available across major cloud services. JFrog serves numerous clients, including a majority of Fortune 100 companies.
JFrog Ltd. (NASDAQ: FROG) announced that CEO Shlomi Ben Haim and CFO Jacob Shulman will present at the 23rd Annual Needham Virtual Growth Conference on January 12, 2021, at 2:00 PM ET / 11:00 AM PT. The presentation will showcase JFrog's mission to enable seamless software flow from development to production through its hybrid platform. Interested parties can access the live webcast and replay on the company's investor relations website. JFrog's platform supports modern DevOps practices and is utilized by many Fortune 100 companies.
JFrog, a leader in liquid software solutions, announces its participation in two upcoming investor conferences. The Wells Fargo TMT Summit will host JFrog on December 2, 2020, at 9:00 am PT, followed by the Morgan Stanley Future of Application Development Conference on December 9, 2020, at 9:45 am PT. Live webcasts and replays can be accessed via the company's investor relations website. JFrog is dedicated to enhancing software delivery through its comprehensive multi-cloud DevOps platform, trusted by many Fortune 100 companies.
JFrog Ltd. (NASDAQ: FROG) announced an early release of 25% of its ordinary shares from lock-up agreements, effective November 25, 2020. This release comes ahead of the scheduled end of the restricted period due to fulfilled conditions as of November 20, 2020. The shares will be eligible for sale in the public market, coinciding with JFrog's standard quarterly trading blackout period starting on December 14, 2020. JFrog aims to streamline software delivery with its multi-cloud DevOps platform, trusted by many Fortune 100 companies.
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