JFrog IPO: Perfect Tale of a Team with Vision and Commitment

Here we are today, recognizing JFrog and its founders for the tremendous achievement following its debut as a publicly traded company on the NASDAQ exchange, NASDAQ: FROG.

As a venture capitalist, one of the biggest milestones you can celebrate with a portfolio company is its IPO. After years of hard work, dedication and sacrifices, only a handful of startups can proudly watch their business achieve a successful listing on a public stock exchange. Following the excitement of listing day, its these same organizations that are able to embark on the next phase of their journey.

And yet here we are today, recognizing JFrog and its founders for the tremendous achievement following its debut as a publicly traded company on the NASDAQ exchange, NASDAQ: FROG.

In July 2014, Dell Technologies Capital embarked on a journey alongside JFrog co-founders, Shlomi Ben Haim, Fred Simon and Yoav Land, by leading $7M Series B financing. At the time, JFrog was still in its early years – having been founded in 2008, the company was self-funded for the first four years and had raised $3.5M Series A in 2012. During our initial meetings with JFrog, what impressed us most was the commitment and passion of its founders.

Technology aside, DTC recognized the unmistakable drive of these three entrepreneurs and therefore felt confident in what they were building. And yet, from an innovation perspective, it was clear that no other technology company was focused on the management of executable code (or binaries) and no other technology company could enable the release of software updates multiple times throughout the course of a single day — or as JFrog calls this, Liquid Software.

Today, JFrog has built the industry’s leading enterprise-grade platform that makes software updates secure and seamless. Liquid Software has allowed companies to move away from fixed, versioned releases and embrace streams of verified software components that flow reliably and securely to computing environments and devices. All of this is done without ever impacting a user’s experience.

As our world faces a series of unknowns and perseveres through unprecedented times, the urgency for Digital Transformation continues unabated. The number of IT and IoT endpoints is growing at an exponential rate, as is the amount of software code being created. However, the growth rate in professional developers is unfortunately growing linearly. The only solution to dramatically increase the productivity of the developer community is through automation, and this is exactly what JFrog is doing. JFrog, the creator of Artifactory, helps developers overcome the challenge of frequently delivering large volumes of artifacts to millions of endpoints securely and reliably, without clogging up networks.

Since 2008, JFrog has remained steadfast in its commitment to the developer community by providing the capability to update systems and devices continuously and automatically with software that can be trusted and consumed safely. The team did not set out to build tools – but rather, their vision was to create an entire DevOps infrastructure that with time, would evolve into an enterprise-grade platform.

Which leads us to where we are today. With over 5,800 customers JFrog has become the global standard for shipping high-quality software continuously and efficiently. We are so very proud of the entire team – congratulations, JFrog!