Code Management Startup JFrog Raises $165 Million
The round brings JFrog’s total equity raised to around $230 million. The company said it intends to double its workforce
14:31
04.10.18
Code management startup JFrog Ltd. announced Thursday the completion of a $165 million funding round led by New York-based Insight Venture Partners. Geodesic Capital and Spark Capital also participated in the round, joined by existing investors including Dell Technologies subsidiary VMware Inc., Battery Ventures LP, Scale Venture Partners, Gemini Israel Ventures, and Qumra Capital Management Ltd.
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Jeff Horing, co-founder and managing director at Insight Venture, will join JFrog’s board of directors, the company said in a statement.
JFrog co-founders Simon (left), Landman, and Ben Haim. Photo: PRצילום: יחצ
JFrog employs 450 people in its offices in Sunnyvale, California, Israeli coastal town Netanya, Beijing, Toulouse, and Bengaluru, India. With the additional funding, the company plans to double its workforce. The company said it would hire 150 people to join its offices in Israel.
קראו עוד בכלכליסט:
Last week, JFrog announced that it bought Israeli software startup Trainologic Ltd., which provides end-to-end development, consulting, and training services to software companies such as AT&T, Cisco Systems, Amdocs, and Outbrain. JFrog said it intends to turn Trainologic into a new DevOps consulting unit within JFrog.
