JFrog Gets $50 Million Investment

Date 2016/1/26 8:51:35 | Topic: Company News

JFrog has secured a $50 million investment round from new investors Scale Venture Partners, Sapphire Ventures, Battery Ventures, Vintage Investment Partners and Qumra Capital, as well as participation from existing investors. The company will use the funds to realize its vision by investing in the talent, technology advancements and global expansion needed to meet the growing demand for its DevOps and software automation platform.
Atlassian and GitHub have revolutionized how developers manage source code. JFrog is revolutionizing how developers and DevOps team manage binary artifacts. JFrog Artifactory, the only universal Artifact Repository, is an essential component of the Continuous Integration pipeline.

Underscoring the market momentum JFrog has achieved since its founding are multiple milestones and awards the company has recently announced and received. Significant wins include:
* More than 1,500 paying customers including seven of the top 10 financial services companies, seven of the top 10 telcos, and eight of the top 10 internet and software companies
* More than 700 million software package downloads a month
* Growth to more than 100 employees worldwide 

This article comes from Software Development Tools

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