NETANYA, Israel, Nov. 29, 2016 /PRNewswire/ -- JFrog, the leading DevOps accelerator, has been ranked by Deloitte as one of the top 50 fastest growing technology companies in Israel for the second year in a row. 'Deloitte Technology Fast 50' ranks companies based on their sustained revenue growth over four years, and with a registered revenue growth rate of 721%, JFrog is solidifying its status as a fast-growing, disruptive, and universal solution for all DevOps needs.
JFrog announced a $50 million funding round earlier in the year, with a portion allocated for expanding the company's acquisitions and recruitment efforts. The company has a strategic focus on accelerating development and technological production of its platform of DevOps tools, and is looking to add talented professionals to its team in order to fulfill those objectives. "We are thrilled to be included in Deloitte Technology Fast 50 in Israel for the second year in a row, and we believe our growth of 721% is a clear demonstration of JFrog's position as a global front-runner in DevOps technologies," said Shlomi Ben Haim, Co-Founder and CEO of JFrog. "We are looking to add an additional 120 frogs to our talented global team. We would like to place around half of the new hires in our development center in Israel, in order to extend the company's continued advancements and innovation." "There is something truly remarkable about the Israeli companies on this list. They do not just have good ideas. These companies have much more. They hold a strong group of people driving them forward on all levels of business with great innovation, quality and motivation," said Shally Tshuva Technology, Media & Telecommunications Industry Leader at Deloitte Israel. "This vision and teamwork is why JFrog made it on the Deloitte Technology Fast 50 Ranking."