US-based software delivery management company JFrog has raised $50m in its series C round from new investors including Sapphire Ventures, the corporate venturing unit of Germany-based software provider SAP.
Other new investors included venture capital firms Scale Venture Partners, Battery Ventures, Vintage Investment Partners and Qumra Capital, as well as participation from existing investors.
In July 2014, JFrog raised $7m in a series B round including cloud software producer VMware and VC firm Gemini, according to GigaOM. JFrog raised $3.5m in a series A round in 2012 from Gemini that was used to expand into the US, and received a $1m Chief Scientist grant from the Israeli government in 2011.
Founded in Israel in 2008, JFrog provides software developers with a binary repository management platform.
Jai Das, managing director of Sapphire Ventures, said: “JFrog Artifactory and JFrog Bintray are the most widely adopted solutions for managing and distributing artifacts in the CI/CD [continuous integration to continuous delivery] pipeline.
“In fact, we feel they are really the only solutions that enterprises with large software teams depend on because they are secure, highly-available and support multiple packages and container registries. We look forward to connecting the company with DevOps teams in our vast enterprise network in order to help them continually innovate and accelerate growth.”