Jfrog Ltd Stock Price, News & Analysis

JFrog (Nasdaq: FROG) has unveiled JFrog Runtime, a new security solution that integrates security throughout the entire software development lifecycle. This addition to the JFrog Platform enables organizations to:

1. Monitor Kubernetes clusters in real-time
2. Identify and address security incidents based on actual risk
3. Ensure image integrity and meet compliance requirements

The solution aims to bridge the gap between developers and security teams, automating DevSecOps tasks to save time and strengthen security for cloud-native applications. According to an IDC survey, organizations spend an average of $542 per week per developer on security-related tasks, totaling $1.89 million annually. JFrog Runtime addresses this by offering features such as real-time vulnerability visibility, accelerated triage, and comprehensive analytics for Kubernetes clusters.

JFrog (Nasdaq: FROG) has announced a new product integration with NVIDIA NIM microservices, part of the NVIDIA AI Enterprise software platform. This collaboration aims to meet the increasing demand for enterprise-ready generative AI by combining GPU-optimized, pre-approved AI models with centralized DevSecOps processes in an end-to-end software supply chain workflow.

The integration is expected to allow organizations to bring secure machine learning (ML) models and large language models (LLMs) to production faster, with increased transparency, traceability, and trust. Key benefits include unified management, comprehensive security and integrity, exceptional model performance and scalability, and flexible deployment options.

JFrog and GitHub have expanded their partnership to enhance developer productivity and software supply chain security. Key features of this collaboration include:

1. A Copilot chat extension providing insights on open-source packages within JFrog's binary environment alongside GitHub code data.

2. A consolidated security dashboard combining scan results from GitHub Advanced Security and JFrog Advanced Security.

3. Bidirectional end-to-end release lineage for improved traceability between GitHub Actions Workflow and JFrog Artifactory.

4. Dynamic project mapping and authentication using OpenID Connect integration.

This integration aims to address the gap in binary-level security scanning, highlighted by JFrog's recent discovery of a critical vulnerability in a Docker container affecting Python package repositories.

JFrog (Nasdaq: FROG), the Liquid Software company, has announced an investor and analyst event to be held during its annual swampUP user conference on Tuesday, September 10, 2024. The event will take place at the Omni Barton Creek in Austin, Texas, starting at 12:15 p.m. CT (1:15 p.m. ET).

The JFrog management team will present the company's latest announcements during this event. For those unable to attend in person, a virtual attendance option is available through a registration link provided in the press release.

This event offers an opportunity for investors and analysts to gain insights into JFrog's recent developments and future strategies in the software supply chain industry.

JFrog (Nasdaq: FROG) has been selected for the Department of Defense (DoD) Enterprise Software Initiative (ESI)'s DevSecOps Agency Catalog. This inclusion streamlines procurement practices and reduces costs for the DoD, while accelerating the adoption of advanced security tools. The ESI catalog helps achieve a lower total cost of ownership through unified contracting and vendor management across the department.

As a trusted partner to the DoD, JFrog's participation underscores its commitment to helping defense organizations secure their software supply chains amid increasing threats. The company's solutions adhere to strict compliance and security standards, making it easier for government organizations to reinforce their security posture. This award adds to JFrog's existing government procurement vehicles, including collaborations with authorized sellers like Carahsoft, GovSmart, Four Inc., Norseman, and Red River.

JFrog (NASDAQ: FROG) announced strong financial results for Q2 2024, with total revenue reaching $103.0 million, up 22% year-over-year. Cloud revenue grew 42% to $39.3 million, representing 38% of total revenue. The company reported a GAAP Operating Loss of $19.1 million but a Non-GAAP Operating Income of $13.6 million.

Key highlights include:

• Customers with ARR > $1 million increased 75% YoY to 42
• Enterprise+ subscription revenues up 35% YoY to $51 million
• Net Dollar Retention rate of 118%
• Acquisition of Qwak AI to expand into MLOps
• Partnership with GitHub for unified platform experience

JFrog provided a positive outlook for Q3 and FY 2024, projecting continued revenue growth and profitability on a non-GAAP basis.

JFrog (Nasdaq: FROG) has announced new additions to its speaker lineup for the swampUP user conference, taking place Sept. 9-11, 2024, in Austin, TX. The event will feature industry leaders from Docker, GitHub, BSA, JP Morgan Chase, and Thoughtworks, discussing emerging software trends in DevOps, Security, MLOps, and AI.

Key speakers include Scott Johnston (Docker CEO), Victoria A. Espinel (BSA CEO), Gopinath Gopalsamy (JP Morgan Chase), and Bryan Oliver (Thoughtworks). The conference aims to address the growing complexity of software development and the integration of AI and machine learning into enterprise workflows. IDC forecasts significant growth in the enterprise applications market and AI software market, highlighting the importance of this event in shaping the future of digital innovation.

JFrog (Nasdaq: FROG), known as the Liquid Software Company, has announced its participation in an upcoming investor conference. The company will be presenting at the Canaccord Genuity 44th Annual Growth Stock Conference in Boston, Massachusetts on Wednesday, August 14th, at 7:30 a.m. Pacific Daylight Time.

This event provides an opportunity for investors to gain insights into JFrog's operations and future plans. The presentation will be accessible via a live webcast, with a replay available afterwards. Interested parties can access both the live stream and the replay through JFrog's investor relations website at https://investors.jfrog.com/events-and-presentations/events.

JFrog's new report reveals significant disparities in MLOps and security perceptions between leadership and frontline teams, increasing the risk of software supply chain attacks globally. Key findings include:

- 92% of executives claim tools to detect malicious open-source packages, but only 70% of developers agree.
- Over 90% of executives believe ML models are used in software applications, while only 63% of developers confirm.
- 88% of executives think AI/ML tools are used for security scanning, but only 60% of DevSecOps teams report using them.
- 67% of executives believe code-level security scans are regular, while only 41% of developers confirm.

The report also highlights regional disparities in security awareness and AI/ML adoption, with EMEA lagging behind the US and Asia in some areas.