JFrog, the GitHub of software artifacts, raises $50 million
There is more to software than just code. Modern application projects also incorporate a wide variety of other components ranging from documentation to data models that must be handled with the same priority. JFrog Ltd. raised $50 million in funding this morning to help organizations address this requirement with its artifact management service, which has quietly carved out an impressive niche for itself over the last few years.
Google Inc., Microsoft Corp. and Tesla Motors Inc. are among the more than 1,500 organizations that are using Artifactory to manage the byproducts of their development work. The platform offers the ability to store the secondary componentry of an application in repositories that offer more or less the same functionality as their code-oriented counterparts on GitHub, with a similar emphasis on security. Administrators can individually set editing permissions for every folder and limit the destinations to which their contents be exported in order to prevent company assets from even accidentally ending up somewhere they’re not supposed to.
The privacy features of Artifactory stand in contrast to its frontend interface, which is designed to make it as easy as possible for developers to access their files. One of its main selling points is a tagging mechanism that provides the option to attach keywords and other metadata to an artifact in order to speed up discovery. The feature can come tremendously handy for navigating large projects with a lot of artifacts to manage, particularly when they’re spread throughout multiple repositories. After tracking down the desired item, an engineer can create a locally cached cached copy on their machine to avoid the hassle of downloading it every time they want to make a modification.
Artifactory is complemented by a software distribution service called Bintray that aims to similarly ease the process of pushing out components stored in the platform to end-users. JFrog claims that the two tools can help automate much of the tedious logistical dirty work involved in large software projects when used together, a value proposition that the capital from its new financing round will be spent on making even more appealing.
Besides developing new features, the startup also plans to invest the funding in expanding international operations. The bill for the initiative is split between existing backers and a group of nearly half a dozen new investors that includes the SAP AG-affiliated Sapphire Ventures, which have together poured $60 million into its coffers to date.
Image via kuszapro
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