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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. announced support for Terraform in its Artifactory platform, enhancing developers' workflows across cloud platforms. This feature promotes a cohesive approach to managing Infrastructure-as-Code (IaC) configurations. By integrating Terraform, JFrog Artifactory will enable reliable, traceable management of cloud infrastructure, minimizing operational drift. The support for Terraform files is available immediately, aiming to consolidate DevOps processes while ensuring continuous software delivery.
JFrog Ltd has appointed Kelly Hartman, a former leader at IBM, AWS, and Cisco, as the new Senior Vice President of Channels and Alliances. Hartman will focus on expanding JFrog's growth through technology alliances and partnerships. She brings substantial experience in channel strategy and ecosystem development, having previously led the Red Hat Marketplace ecosystem at IBM and the AWS Partner Network initiatives. This strategic hire aims to strengthen JFrog's position in the DevOps sector.
JFrog Ltd (NASDAQ: FROG) will announce its first quarter fiscal year 2022 financial results on May 9, 2022, post-market close. A conference call is scheduled for 2:00 p.m. PT to discuss the results. The company is known for its JFrog DevOps Platform, which supports software supply chains for numerous clients, including many Fortune 100 companies. JFrog aims to enhance software updates through its 'Liquid Software' vision, facilitating secure and efficient binary management in various cloud environments.
JFrog Ltd. has announced a partnership with Softline India to enhance digital transformation and software supply chain security in India. This collaboration enables Indian organizations to access the JFrog DevOps Platform and benefit from Softline's consulting services, focusing on secure asset management and vulnerability management. The Indian DevOps market is projected to grow at a CAGR of 14% from 2020 to 2025, reflecting increasing demand for scalable solutions in software delivery. This partnership aims to meet the evolving needs of businesses across various sectors.
JFrog Ltd (NASDAQ: FROG) announced its collaboration with Amazon Web Services (AWS) under the AWS for Games initiative, aimed at enhancing game development. This partnership provides developers with a scalable, secure repository for software packages, leading to improved productivity and security. JFrog's platform supports over 30 package technologies, enabling faster software updates. The gaming market is projected to reach $14B by 2022, and JFrog's tools are designed to meet the growing demands for rapid feature updates. Major gaming companies already utilize JFrog's solutions.
JFrog Ltd (NASDAQ:FROG) has announced that CFO Jacob Shulman will present at Morgan Stanley's Technology, Media and Telecom Conference on March 7, 2022, at 4:15 PM ET. The event will be accessible via live webcast and replay on JFrog's investor relations website. As a leader in Liquid Software, JFrog aims to facilitate seamless software updates through its DevOps Platform, serving millions of users and major clients worldwide. Learn more about JFrog's mission to enhance digital transformation by visiting their website.
JFrog Ltd. (NASDAQ: FROG) has launched enhancements to its JFrog Xray DevSecOps solution, incorporating advanced contextual analysis capabilities. This update allows customers to evaluate the relevance and threat levels of known vulnerabilities, referred to as CVEs, more efficiently. The new features are part of JFrog's strategy following its acquisition of Vdoo in June 2021, enabling automated, scalable identification and prioritization of vulnerabilities. These advancements are aimed at improving security response times for DevSecOps teams, helping them focus on critical threats amidst increasing software vulnerabilities.
JFrog Ltd. (FROG) reported a 39% increase in Q4 revenue, totaling $59.2 million, and a 37% rise in fiscal 2021 revenue to $206.7 million. The company achieved 52% growth in cloud revenue, representing 25% of total revenue. Customer engagement is strong, with a 53% increase in customers with ARR over $100K, reaching 537. Q4 operating cash flow was $17.7 million and free cash flow was $16.6 million. Looking ahead, Q1 2022 revenue is projected at $60.8 million to $61.8 million, with 2022 revenue guidance of $273 million to $275 million.
JFrog Ltd (NASDAQ: FROG) will host its inaugural Investor Day on February 15, 2022, at 12:30 p.m. ET in New York City. The event will feature presentations by senior leadership on the company's vision, technology innovations, market opportunities, and financial outlook, followed by a Q&A session. The event is expected to conclude at 4:00 p.m. ET. Interested parties can register for the live stream at this link. A replay will be available on JFrog's Investor Relations website.
JFrog Ltd (NASDAQ: FROG) will disclose its financial results for Q4 and fiscal year 2021 on February 10, 2022, after market close. A conference call to discuss these results will take place at 2:00 p.m. PT on the same day. JFrog, a leader in the 'Liquid Software' sector, provides a comprehensive DevOps platform that supports seamless software updates and secure distribution across various environments. The upcoming results are expected to reflect JFrog's growth in serving customers, including many from the Fortune 100.
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