I thought J Frogg Was A Retailer--
JFrog is the only end-to-end binary solution that bridges the gap between the world of git based tools for source code and the secure delivery of software packages. In a world of fast and secure software big-to-release life cycles, category leaders must coexist and together help organization fulfill their future digital needs.
Now on to some product and business highlights. First, for Q3, I would like to tell you about our acquisition of Upswift, an IoT connected device management company that we believe will significantly expand our market.
The Upswift team is tasked with extending our DevOps platform reach all the way to the device, allowing for software updates, security and device fleet management from anywhere in the world. This technology innovation will extend our portfolio offering, support new personas and expand our TAMs to serve the DevOps needs to the multibillion-dollar IoT market.
In fact, the second largest automobile manufacturer in Europe is already partnering with Upswift and JFrog saying and I quote, "We are using Upswift for our pilot product and looking forward to using Upswift in the future more and more to monitor our fleet of IoT devices in Europe and all over the world. We appreciate the joint venture of Upswift and JFrog, and hopefully, we are able to use other solutions from JFrog in combination with Upswift to get a 360-degree view of our fleet."
In the future, the world of CI/CD will be connected to the end devices and the JFrog DevOps platform will connect these 2 words. Amit Ezer. and Eitan Chudnovsky, Co-Founders of Upswift, we welcome you and the team and are already excited to drive customers' initiative forwards.
Second, I would like to update you on the impressive progress of last quarter's Vdoo acquisition, that not only included a leading cloud-native security platform, but also exposed us to new personas in the security market and brought a team of experts that are now an integral part of our R&D, product, sales and marketing forces.
This technology and team is boosting JFrog's impact and not only driving cross-selling for Xray, our DevSecOps product, but also amplifying our position as thought leaders in the security community.
In fact, the JFrog security research team has already uncovered multiple risks in common packages and public repositories. For example, JFrog just recently exposed the vulnerability in a popular open source tool created by 23andMe, a leading provider of DNA and biotechnology services.
Their tools are utilized in an estimated 200 public software repositories, affecting potentially thousands of applications and companies. Highly publicized findings such as this one are only the beginning, and we look forward to proactively keeping the developer community made aware of security vulnerability that affect their supply chains.
I have alot of aches and pains.