JFrog (FROG) 10-Q 5 Nov 21 2021 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2021	Oct. 29, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Entity Registrant Name	JFrog Ltd.
Entity Central Index Key	0001800667
Entity File Number	001-39492
Entity Tax Identification Number	98-0680649
Document Quarterly Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	L3
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Interactive Data Current	Yes
Entity Current Reporting Status	Yes
Entity Address, Address Line One	270 E. Caribbean Drive
Entity Address, City or Town	Sunnyvale
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94089
City Area Code	(408)
Local Phone Number	329-1540
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Title of 12(b) Security	Ordinary Shares, NIS 0.01 par value
Trading Symbol	FROG
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		96,390,794

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 84,607		$ 164,461
Short-term investments	317,776		433,595
Accounts receivable, net	43,845		37,048
Deferred contract acquisition costs	4,491		3,247
Prepaid expenses and other current assets	19,031		14,210
Total current assets	469,750		652,561
Property and equipment, net	6,421		4,963
Deferred contract acquisition costs, noncurrent	7,550		4,949
Operating lease right-of-use assets	27,421		0
Intangible assets, net	50,835		4,047
Goodwill	247,776		17,320
Other assets, noncurrent	19,926		5,391
Total assets	829,679		689,231
Current liabilities:
Accounts payable	9,705		9,911
Accrued expenses and other current liabilities	19,638		21,039
Operating lease liabilities	6,917		0
Deferred revenue	110,905		91,750
Total current liabilities	147,165		122,700
Deferred revenue, noncurrent	16,013		11,087
Operating lease liabilities, noncurrent	21,118		0
Other liabilities, noncurrent	1,140		1,550
Total liabilities	185,436		135,337
Commitments and contingencies (Note 11)
Shareholders' equity:
Preferred shares, NIS 0.01 par value per share; 50,000,000 shares authorized; 0 issued and outstanding as of September 30, 2021 and December 31, 2020	0		0
Ordinary shares, NIS 0.01 par value per share, 500,000,000 shares authorized; 96,205,496 and 92,112,447 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively	269		257
Additional paid-in capital	760,378		628,054
Accumulated other comprehensive income (loss)	(107)		372
Accumulated deficit	(116,297)		(74,789)
Total shareholders' equity (deficit)	644,243		553,894
Total liabilities, convertible preferred shares and shareholders' equity (deficit)	$ 829,679		$ 689,231

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - ₪ / shares	Sep. 30, 2021	Dec. 31, 2020
Preferred stock par value	₪ 0.01	₪ 0.01
Preferred stock authorized	50,000,000	50,000,000
Preferred stock issued	0	0
Preferred stock Outstanding	0	0
Common stock par value	₪ 0.01	₪ 0.01
Common stock Authorized	500,000,000	500,000,000
Common stock issued	96,205,496	92,112,447
Common stock Outstanding	96,205,496	92,112,447

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenue:
Total subscription revenue	$ 53,703	$ 38,886	$ 147,447	$ 108,138
Cost of revenue:
Total cost of revenue—subscription	11,461	7,261	28,959	20,354
Gross profit	42,242	31,625	118,488	87,784
Operating expenses:
Research and development	23,142	10,381	53,666	29,452
Sales and marketing	24,321	14,839	66,112	42,744
General and administrative	15,695	11,804	44,469	21,748
Total operating expenses	63,158	37,024	164,247	93,944
Operating loss	(20,916)	(5,399)	(45,759)	(6,160)
Interest and other income, net	20	384	726	1,522
Loss before income taxes	(20,896)	(5,015)	(45,033)	(4,638)
Income tax expense (benefit)	(432)	250	(3,525)	1,053
Net loss	$ (20,464)	$ (5,265)	$ (41,508)	$ (5,691)
Net loss per share attributable to ordinary shareholders, basic and diluted	$ (0.21)	$ (0.14)	$ (0.44)	$ (0.18)
Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted	95,707,062	37,515,828	94,028,537	31,359,164
Subscription—self-managed and SaaS
Revenue:
Total subscription revenue	$ 49,248	$ 35,714	$ 135,898	$ 99,172
Cost of revenue:
Total cost of revenue—subscription	11,262	7,047	28,379	19,712
License—self-managed
Revenue:
Total subscription revenue	4,455	3,172	11,549	8,966
Cost of revenue:
Total cost of revenue—subscription	$ 199	$ 214	$ 580	$ 642

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net loss	$ (20,464)	$ (5,265)	$ (41,508)	$ (5,691)
Other comprehensive income (loss), net of tax:
Unrealized gain (loss) on available-for-sale marketable securities, net	(75)	(218)	(39)	77
Unrealized gain (loss) on derivative instruments, net	(41)	(232)	(440)	227
Other comprehensive income (loss)	(116)	(450)	(479)	304
Comprehensive loss	$ (20,580)	$ (5,715)	$ (41,987)	$ (5,387)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Convertible Preferred Shares and Shareholders' Equity (Deficit) - USD ($) $ in Thousands		Total	Ordinary Shares		Additional Paid-in Capital		Accumulated Other Comprehensive Income (loss)	Accumulated Deficit	Convertible Preferred Shares
Balance (in shares) at Dec. 31, 2019			27,930,741						52,063,647
Balance at Dec. 31, 2019		$ (33,434)	$ 80		$ 31,835		$ 35	$ (65,384)	$ 175,844
Conversion of convertible preferred shares to ordinary shares upon initial public offering (in shares)			52,063,647
Balance (in shares) at Jun. 30, 2020			28,473,128						52,063,647
Balance at Jun. 30, 2020		(27,461)	$ 81		37,479		789	(65,810)	$ 175,844
Balance (in shares) at Dec. 31, 2019			27,930,741						52,063,647
Balance at Dec. 31, 2019		(33,434)	$ 80		31,835		35	(65,384)	$ 175,844
Conversion of convertible preferred shares to ordinary shares upon initial public offering (in shares)									(52,063,647)
Conversion of convertible preferred shares to ordinary shares upon initial public offering		175,844	$ 142		175,702				$ (175,844)
Issuance of ordinary shares upon initial public offering, net of underwriting discounts and commissions and other issuance costs (in shares)			9,735,232
Issuance of ordinary shares upon initial public offering, net of underwriting discounts and commissions and other issuance costs		393,233	$ 29		393,204
Issuance of ordinary shares upon release of restricted share units (in shares)			138,400
Issuance of ordinary shares upon release of restricted share units	[1]
Issuance of ordinary shares upon exercise of share options (in shares)			1,115,535
Issuance of ordinary shares upon exercise of share options		1,723	$ 3		1,720
Issuance of ordinary shares related to business combination (in shares)			152,515
Issuance of ordinary shares related to business combination	[1]
Share-based compensation expense		14,399			14,399
Other comprehensive income (loss), net of tax		304					304
Net loss		(5,691)						(5,691)
Balance (in shares) at Sep. 30, 2020			91,136,070
Balance at Sep. 30, 2020		546,378	$ 254		616,860		339	(71,075)
Balance (in shares) at Jun. 30, 2020			28,473,128						52,063,647
Balance at Jun. 30, 2020		(27,461)	$ 81		37,479		789	(65,810)	$ 175,844
Conversion of convertible preferred shares to ordinary shares upon initial public offering (in shares)			52,063,647						52,063,647
Conversion of convertible preferred shares to ordinary shares upon initial public offering		175,844	$ 142		175,702				$ 175,844
Issuance of ordinary shares upon initial public offering, net of underwriting discounts and commissions and other issuance costs (in shares)			9,735,232
Issuance of ordinary shares upon initial public offering, net of underwriting discounts and commissions and other issuance costs		393,233	$ 29		393,204
Issuance of ordinary shares upon release of restricted share units (in shares)			138,400
Issuance of ordinary shares upon release of restricted share units	[1]
Issuance of ordinary shares upon exercise of share options (in shares)			675,840
Issuance of ordinary shares upon exercise of share options		817	$ 2		815
Issuance of ordinary shares related to business combination (in shares)			49,823
Issuance of ordinary shares related to business combination	[1]
Share-based compensation expense		9,660			9,660
Other comprehensive income (loss), net of tax		(450)					(450)
Net loss		(5,265)						(5,265)
Balance (in shares) at Sep. 30, 2020			91,136,070
Balance at Sep. 30, 2020		546,378	$ 254		616,860		339	(71,075)
Balance (in shares) at Dec. 31, 2020			92,112,447
Balance at Dec. 31, 2020		553,894	$ 257		628,054		372	(74,789)
Issuance of ordinary shares upon release of restricted share units (in shares)			33,373
Issuance of ordinary shares under the employee share purchase plan (shares)			94,638
Issuance of ordinary shares under the employee share purchase plan		3,092			3,092
Issuance of ordinary shares upon release of restricted share units		$ 0		[1]		[1]
Issuance of ordinary shares upon exercise of share options (in shares)		2,042,126	2,042,126
Issuance of ordinary shares upon exercise of share options		$ 4,760	$ 6		4,754
Issuance of ordinary shares related to business combination (in shares)			1,922,912
Issuance of ordinary shares related to business combination		81,773	$ 6		81,767
Share-based compensation expense		42,711			42,711
Other comprehensive income (loss), net of tax		(479)					(479)
Net loss		(41,508)						(41,508)
Balance (in shares) at Sep. 30, 2021			96,205,496
Balance at Sep. 30, 2021		644,243	$ 269		760,378		(107)	(116,297)
Balance (in shares) at Jun. 30, 2021			93,988,276
Balance at Jun. 30, 2021		561,947	$ 262		657,509		(9)	(95,833)
Issuance of ordinary shares upon release of restricted share units (in shares)			33,373
Issuance of ordinary shares under the employee share purchase plan (shares)			94,638
Issuance of ordinary shares under the employee share purchase plan		3,092			3,092
Issuance of ordinary shares upon release of restricted share units	[1]
Issuance of ordinary shares upon exercise of share options (in shares)			216,120
Issuance of ordinary shares upon exercise of share options		1,154	$ 1		1,153
Issuance of ordinary shares related to business combination (in shares)			1,873,089
Issuance of ordinary shares related to business combination		81,773	$ 6		81,767
Share-based compensation expense		16,857			16,857
Other comprehensive income (loss), net of tax		116					116
Net loss		(20,464)						(20,464)
Balance (in shares) at Sep. 30, 2021			96,205,496
Balance at Sep. 30, 2021		$ 644,243	$ 269		$ 760,378		$ (107)	$ (116,297)
[1]	Amount less than $1

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net loss	$ (41,508)	$ (5,691)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	5,140	2,683
Share-based compensation expense	42,711	14,399
Non-cash operating lease expense	4,298	0
Net amortization of premium or discount on investments	4,482	1,012
Changes in operating assets and liabilities, net of business combinations:
Accounts receivable	(6,172)	(807)
Prepaid expenses and other assets	(18,684)	(4,285)
Deferred contract acquisition costs	(3,845)	(994)
Accounts payable	(679)	2,273
Accrued expenses and other liabilities	5,663	4,063
Operating lease liabilities	(3,935)	0
Deferred revenue	22,770	3,989
Net cash provided by operating activities	10,241	16,642
Cash flows from investing activities:
Purchases of short-term investments	(170,674)	(235,773)
Maturities and sales of short-term investments	281,973	108,421
Purchases of property and equipment	(3,190)	(2,611)
Payments for business combinations, net of cash acquired	(195,752)	0
Prepayment for purchase of intangible asset	(600)	0
Net cash used in investing activities	(88,243)	(129,963)
Cash flows from financing activities:
Proceeds from initial public offering, net of underwriting discounts and commissions and other issuance costs	0	395,211
Proceeds from exercise of share options	4,760	1,723
Proceeds from employee share purchase plan	3,092	0
Payments to tax authorities from employee equity transactions, net	(8,946)	0
Net cash provided by (used in) financing activities	(1,094)	396,934
Net increase (decrease) in cash, cash equivalents, and restricted cash	(79,096)	283,613
Cash, cash equivalents, and restricted cash—beginning of period	164,739	40,943
Cash, cash equivalents, and restricted cash—end of period	$ 85,643	$ 324,556

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2021	Sep. 30, 2020
Reconciliation of cash, cash equivalents, and restricted cash within the condensed consolidated balance sheets to the amounts shown in the condensed consolidated statements of cash flows above:
Cash and cash equivalents	$ 84,607	$ 324,288
Restricted cash included in prepaid expenses and other current assets	787	14
Restricted cash included in other assets, noncurrent	249	254
Total cash, cash equivalents, and restricted cash	$ 85,643	$ 324,556

Organization and Description of

Organization and Description of Business	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	1. Organization an d Description of Business JFrog Ltd. (together with its subsidiaries, “JFrog”, or the “Company”) was incorporated under the laws of the State of Israel in 2008. JFrog provides an end-to-end, hybrid, universal DevOps Platform for Continuous Software Release Management enabling organizations to continuously deliver software updates across any system. JFrog’s platform is the critical bridge between software development and deployment of that software, paving the way for the modern DevOps paradigm. The Company enables organizations to build and release software faster and more securely while empowering developers to be more efficient. The Company’s solutions are designed to run on-premise, in public or private clouds, or in hybrid environments.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”), and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting, and include the accounts of JFrog Ltd. and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated balance sheet as of December 31, 2020 was derived from the audited consolidated financial statements as of that date, but does not include all of the disclosures, including certain notes required by GAAP on an annual reporting basis. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the related notes thereto as of and for the year ended December 31, 2020, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC on February 12, 2021. In management’s opinion, the unaudited condensed consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and reflect all adjustments, which include only normal recurring adjustments necessary for the fair presentation of the Company’s financial position as of September 30, 2021 and the Company’s consolidated results of operations and convertible preferred shares and shareholders’ equity (deficit) for the three and nine months ended September 30, 2021 and 2020, and cash flows for the nine months ended September 30, 2021 and 2020. The results for the three and nine months ended September 30, 2021 are not necessarily indicative of the results to be expected for the full year ending December 31, 2021 or any other future interim or annual period. Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods and accompanying notes. Significant items subject to such estimates and assumptions include, but are not limited to, the allocation of transaction price among various performance obligations, the estimated customer life on deferred contract acquisition costs, the allowance for doubtful accounts, the fair value of financial assets and liabilities, including accounting and fair value of derivatives, the fair value of acquired intangible assets and goodwill, the useful lives of acquired intangible assets and property and equipment, the incremental borrowing rate for operating leases, share-based compensation including the determination of the fair value of the Company’s share-based awards, and the valuation of deferred tax assets and uncertain tax positions. The Company bases these estimates on historical and anticipated results, trends and various other assumptions that it believes are reasonable under the circumstances, including assumptions as to future events. Actual results could differ from those estimates. Significant Accounting Policies The Company’s significant accounting policies are discussed in Note 2, Summary of Significant Accounting Policies, in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. There have been no significant changes to these policies during the nine months ended September 30, 2021, except as noted in the section titled “ Recently Adopted Accounting Pronouncements ” below. Emerging Growth Company Status The Company is an emerging growth company, as defined in the Jumpstart Our Business Startups Act (“JOBS Act”). Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until those standards apply to private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies until the earlier of the date that it (i) is no longer an emerging growth company or (ii) affirmatively and irrevocably opts out of the extended transition period provided in the JOBS Act. As a result, the condensed consolidated financial statements may not be comparable to companies that comply with the new or revised accounting pronouncements as of public company effective dates. On the last business day of the Company’s second quarter in fiscal 2021, the aggregate market value of the Company’s ordinary shares held by its non-affiliate shareholders exceeded $ 700 million. As a result, as of December 31, 2021, the Company will be considered a large accelerated filer as defined in Rule 12b-2 of the Securities Exchange Act of 1934 and the Company will cease to be an emerging growth company. Accordingly, the Company will no longer be exempt from the auditor attestation requirements under Section 404(b) of the Sarbanes-Oxley Act of 2002, as amended, and the Company’s independent registered public accounting firm will evaluate and report on the effectiveness of internal control over financial reporting. Further, following the loss of emerging growth company status, the Company will be required to comply with any new or revised accounting pronouncements as of public company effective dates. Recently Adopted Accounting Pronouncements In reliance on the extended transition period allowed for emerging growth companies under the JOBS Act, the Company has elected to use the adoption dates discussed below. In February 2016, the Financial Accounting Standards (“FASB”) issued ASU No. 2016-02, Leases (Topic 842), which would require lessees to put all leases on their balance sheets, whether operating or financing, while continuing to recognize the expenses on their income statements in a manner similar to the existing practice. The guidance states that a lessee would recognize a lease liability for the obligation to make lease payments and a right-of-use (“ROU”) asset for the right to use the underlying asset for the lease term. The Company adopted the guidance on January 1, 2021 using a modified retrospective transition approach. It applied Topic 842 to all leases as of January 1, 2021 without adjusting the comparative periods presented. The Company elected certain practical expedients permitted under the transition guidance within the new guidance and carried forward the historical accounting relating to lease identification and classification, remaining lease terms, and initial direct costs. Upon adoption, the Company recognized operating lease ROU assets of $ 21.9 million and operating lease liabilities of $ 22.1 million. Operating lease ROU assets included adjustments for prepayments and accrued lease payments. The adoption of Topic 842 did not have a material impact to the Company’s results of operations or cash flows. See Note 10, Leases , for further information. In August 2018, the FASB issued ASU No. 2018-15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract, which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The new standard requires capitalized costs to be amortized on a straight-line basis generally over the term of the arrangement, and the financial statement presentation for these capitalized costs would be the same as that of the fees related to the hosting arrangements. The Company adopted this guidance prospectively on January 1, 2021, and the adoption did not have a material impact on its condensed consolidated financial statements. Recently Issued Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which replaces the existing incurred loss impairment model with an expected credit loss model and requires a financial asset measured at amortized cost to be presented at the net amount expected to be collected. The guidance will be effective for the Company beginning January 1, 2023, and interim periods therein. Early adoption is permitted. The Company does not expect the adoption of this new standard will have a material effect on its condensed consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which simplifies the accounting for income taxes by removing a variety of exceptions within the framework of ASC 740. These exceptions include the exception to the incremental approach for intra-period tax allocation in the event of a loss from continuing operations and income or a gain from other items (such as other comprehensive income), and the exception to using general methodology for the interim period tax accounting for year-to-date losses that exceed anticipated losses. The guidance will be effective for the Company beginning January 1, 2022, and interim periods in fiscal years beginning January 1, 2023. Early adoption is permitted. The Company does not expect the adoption of this new standard will have a material effect on its condensed consolidated financial statements.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue Recognition	3. Revenue Recognition Disaggregation of Revenue The following table presents revenue by category: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Amount Percentage Amount Percentage Amount Percentage Amount Percentage (in thousands, except percentages) Self-managed subscription $ 40,591 76 % $ 30,161 78 % $ 112,604 76 % $ 85,269 79 % Subscription 36,136 68 26,989 70 101,055 68 76,303 71 License 4,455 8 3,172 8 11,549 8 8,966 8 SaaS 13,112 24 8,725 22 34,843 24 22,869 21 Total subscription revenue $ 53,703 100 % $ 38,886 100 % $ 147,447 100 % $ 108,138 100 % The following table summarizes revenue by region based on the shipping address of customers: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Amount Percentage Amount Percentage Amount Percentage Amount Percentage (in thousands, except percentages) United States $ 33,769 63 % $ 24,924 64 % $ 92,453 63 % $ 69,429 64 % Israel 1,049 2 726 2 3,107 2 2,020 2 Rest of world 18,885 35 13,236 34 51,887 35 36,689 34 Total subscription revenue $ 53,703 100 % $ 38,886 100 % $ 147,447 100 % $ 108,138 100 % Contract Balances Of the $ 119.2 million and $ 82.9 million of deferred revenue recorded as of June 30, 2021 and 2020, respectively, the Company recognized $ 38.6 million and $ 28.4 million as revenue during the three months ended September 30, 2021 and 2020 , respectively. Of the $ 102.8 million and $ 82.3 million of deferred revenue recorded as of December 31, 2020 and 2019, respectively, the Company recognized $ 74.7 million and $ 64.1 million as revenue during the nine months ended September 30, 2021 and 2020, respectively. Remaining Performance Obligation The Company’s remaining performance obligations are comprised of product and service revenue not yet delivered. As of September 30, 2021 , the aggregate amount of the transaction price allocated to remaining performance obligations was $ 139.7 million, which consists of billed considerations of $ 126.9 million and unbilled considerations of $ 12.8 million, that the Company expects to recognize as revenue. As of September 30, 2021 , the Company expects to recognize 82 % of its remaining performance obligations as revenue over the next 12 months, and the remainder thereafter. Cost to Obtain a Contract The following table represents a rollforward of deferred contract acquisition costs: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (in thousands) Beginning balance $ 10,476 $ 6,434 $ 8,196 $ 5,989 Additions to deferred contract acquisition costs 2,749 1,303 7,113 3,088 Amortization of deferred contract acquisition costs ( 1,184 ) ( 754 ) ( 3,268 ) ( 2,094 ) Ending balance $ 12,041 $ 6,983 $ 12,041 $ 6,983 Deferred contract acquisition costs (to be recognized in next 12 months) $ 4,491 $ 2,864 $ 4,491 $ 2,864 Deferred contract acquisition costs, noncurrent 7,550 4,119 7,550 4,119 Total deferred contract acquisition costs $ 12,041 $ 6,983 $ 12,041 $ 6,983

Short-Term Investments

Short-Term Investments	9 Months Ended
	Sep. 30, 2021
Investments, All Other Investments [Abstract]
Short-Term Investments	4. Short-Term Investments Short-term investments consisted of the following: September 30, 2021 Amortized Gross Gross Estimated (in thousands) Bank deposits $ 83,605 $ — $ — $ 83,605 Certificates of deposit 252 — — 252 Commercial paper 46,832 3 ( 9 ) 46,826 Corporate debt securities 108,566 2 ( 79 ) 108,489 Municipal securities 53,873 1 ( 20 ) 53,854 Government and agency debt 24,756 1 ( 7 ) 24,750 Marketable securities 234,279 7 ( 115 ) 234,171 Total short-term investments $ 317,884 $ 7 $ ( 115 ) $ 317,776 December 31, 2020 Amortized Gross Gross Estimated (in thousands) Bank deposits $ 133,386 $ — $ — $ 133,386 Certificates of deposit 10,802 20 ( 1 ) 10,821 Commercial paper 34,150 3 ( 2 ) 34,151 Corporate debt securities 128,694 11 ( 82 ) 128,623 Municipal securities 54,238 7 ( 12 ) 54,233 Government and agency debt 72,394 5 ( 18 ) 72,381 Marketable securities 300,278 46 ( 115 ) 300,209 Total short-term investments $ 433,664 $ 46 $ ( 115 ) $ 433,595 Based on the available evidence, the Company concluded that the gross unrealized losses on the marketable securities as of September 30, 2021 and December 31, 2020 are temporary in nature. See Note 13, Accumulated Other Comprehensive Income , for the realized gains or losses from available-for-sale marketable securities that were reclassified out of accumulated other comprehensive income (loss) (“AOCI”) during the periods presented. As of September 30, 2021 , the contractual maturities of the Company’s marketable securities were all less than one year.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements The following table presents information about the Company’s financial instruments that are measured at fair value on a recurring basis: September 30, 2021 Fair Value Level 1 Level 2 (in thousands) Financial Assets: Money market funds $ 38,951 $ 38,951 $ — Government and agency debt 1,000 — 1,000 Cash equivalents 39,951 38,951 1,000 Bank deposits 83,605 — 83,605 Certificates of deposit 252 — 252 Commercial paper 46,826 — 46,826 Corporate debt securities 108,489 — 108,489 Municipal securities 53,854 — 53,854 Government and agency debt 24,750 — 24,750 Short-term investments 317,776 — 317,776 Foreign currency contracts designated as hedging instruments included in prepaid expenses and other current assets 105 — 105 Foreign currency contracts not designated as hedging instruments included in prepaid expenses and other current assets 18 — 18 Restricted bank deposits included in prepaid expenses and other current assets 787 — 787 Restricted bank deposits included in other assets, noncurrent 249 — 249 Total financial assets $ 358,886 $ 38,951 $ 319,935 Financial Liabilities: Foreign currency contracts designated as hedging instruments included in accrued expenses and other current liabilities $ 103 $ — $ 103 Foreign currency contracts not designated as hedging instruments included in accrued expenses and other current liabilities 4 — 4 Total financial liabilities $ 107 $ — $ 107 December 31, 2020 Fair Value Level 1 Level 2 (in thousands) Financial Assets: Money market funds $ 111,080 $ 111,080 $ — Certificates of deposit 274 — 274 Cash equivalents 111,354 111,080 274 Bank deposits 133,386 — 133,386 Certificates of deposit 10,821 — 10,821 Commercial paper 34,151 — 34,151 Corporate debt securities 128,623 — 128,623 Municipal securities 54,233 — 54,233 Government and agency debt 72,381 — 72,381 Short-term investments 433,595 — 433,595 Foreign currency contracts designated as hedging instruments included in prepaid expenses and other current assets 468 — 468 Foreign currency contracts not designated as hedging instruments included in prepaid expenses and other current assets 2 — 2 Restricted bank deposits included in prepaid expenses and other current assets 14 — 14 Restricted bank deposits included in other assets, noncurrent 264 — 264 Total financial assets $ 545,697 $ 111,080 $ 434,617 Financial Liabilities: Foreign currency contracts designated as hedging instruments included in accrued expenses and other current liabilities $ 16 $ — $ 16 Total financial liabilities $ 16 $ — $ 16 The Company classifies its money market fund within Level 1 of the fair value hierarchy because they are valued based on quoted market prices in active markets. The Company classifies its bank deposits, certificates of deposit, commercial paper, corporate debt securities, municipal securities, government and agency debt, and derivative financial instruments within Level 2 because they are valued using inputs other than quoted prices which are directly or indirectly observable in the market, including readily-available pricing sources for the identical underlying security which may not be actively traded. As of September 30, 2021 and December 31, 2020 , the Company did no t have any assets or liabilities valued based on Level 3 valuations.

Derivative Financial Instrument

Derivative Financial Instruments and Hedging	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments and Hedging	6. Derivative Financial Instruments and Hedging The Company enters into foreign currency forward and option contracts with financial institutions to protect against foreign exchange risks, mainly the exposure to changes in the exchange rate of the New Israeli Shekel (“NIS”) against the U.S. dollar that are associated with forecasted future cash flows and certain existing assets and liabilities for up to twelve months. The Company’s primary objective in entering into these contracts is to reduce the volatility of earnings and cash flows associated with changes in foreign currency exchange rates. The Company does not use derivative instruments for trading or speculative purposes. Notional Amount of Foreign Currency Contracts The notional amounts of outstanding foreign currency contracts in U.S. dollar as of the periods presented were as follows: September 30, 2021 December 31, 2020 (in thousands) Derivatives Designated as Hedging Instruments: Foreign currency contracts $ 22,190 $ 10,264 Derivatives Not Designated as Hedging Instruments: Foreign currency contracts 3,468 1,230 Total derivative instruments $ 25,658 $ 11,494 Effect of Foreign Currency Contracts on the Condensed Consolidated Statements of Operations Derivative instruments that hedge the exposure to variability in expected future cash flows are designated as cash flow hedges. The Company records changes in the fair value of these derivatives in AOCI in the Condensed Consolidated Balance Sheets, until the forecasted transaction occurs. Upon occurrence, the Company reclassifies the related gain or loss on the derivative to the same financial statement line item in the Condensed Consolidated Statements of Operations to which the derivative relates. From time to time, the Company may discontinue cash flow hedges and record the related amount in interest and other income, net, on the Condensed Consolidated Statements of Operations. Derivative instruments that hedge the exposure to variability in the fair value of assets or liabilities are not currently designated as hedges for financial reporting purposes. The Company records changes in the fair value of these derivatives in interest and other income, net in the Condensed Consolidated Statements of Operations. The effect of foreign currency contracts on the condensed consolidated statements of operations during the periods presented were as follows: Derivatives Designated as Hedging Instruments Derivatives Not Designated as Hedging Instruments Three Months Ended September 30, Nine Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 2021 2020 2021 2020 Condensed Statement of Operations Location: (in thousands) Cost of revenue: subscription–self-managed and SaaS $ 12 $ 31 $ 33 $ 28 $ — $ — $ — $ — Research and development 80 199 212 179 — — — — Sales and marketing 19 71 59 64 — — — — General and administrative 28 76 75 68 — — — — Interest and other income, net — — 8 — 75 5 144 115 Total gains recognized in earnings $ 139 $ 377 $ 387 $ 339 $ 75 $ 5 $ 144 $ 115 Effect of Foreign Currency Contracts on Accumulated Other Comprehensive Income Net unrealized gains (losses) of foreign currency contracts designated as hedging instruments, net of tax, are recorded in AOCI. See Note 13, Accumulated Other Comprehensive Income , for the effect on other comprehensive income (loss) and the reclassification out of AOCI during the periods presented. All of net deferred gains in AOCI as of September 30, 2021 are expected to be recognized as operating expenses in the same financial statement line item in the Condensed Consolidated Statements of Operations to which the derivative relates over the next twelve months.

Condensed Consolidated Balanc_3

Condensed Consolidated Balance Sheet Components	9 Months Ended
	Sep. 30, 2021
Balance Sheet Related Disclosures [Abstract]
Condensed Consolidated Balance Sheet Components	7. Condensed Consolidated Balance Sheet Components Property and Equipment, Net Property and equipment, net consisted of the following: September 30, 2021 December 31, 2020 (in thousands) Computer and software $ 5,958 $ 4,079 Furniture and office equipment 2,100 1,495 Leasehold improvements 4,782 3,761 Property and equipment, gross 12,840 9,335 Less: accumulated depreciation and amortization ( 6,419 ) ( 4,372 ) Property and equipment, net $ 6,421 $ 4,963 Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following: September 30, 2021 December 31, 2020 (in thousands) Accrued compensation and benefits $ 14,453 $ 8,799 Withholding tax from employee equity transactions to be remitted to tax authorities 240 9,186 Accrued expenses 4,945 3,054 Accrued expenses and other current liabilities $ 19,638 $ 21,039

Business Combinations

Business Combinations	9 Months Ended
	Sep. 30, 2021
Business Combinations [Abstract]
Business Combinations	8. Business Combinations Vdoo Connected Trust Ltd. On July 19, 2021, the Company acquired 100 % of the share capital of Vdoo Connected Trust Ltd. (“Vdoo”), a privately-held company in Israel, which provides a product security platform for automating all software security tasks throughout the entire product lifecycle. The acquisition accelerates the Company’s security technology expansion, aiming to deliver a holistic security solution as part of its Platform. The total purchase consideration transferred for the Vdoo acquisition was $ 299.3 million, subject to working capital adjustments, comprised of $ 217.5 million in cash and $ 81.8 million for the fair value of 1,823,266 shares of the Company’s ordinary shares issued. In addition to the purchase consideration and pursuant to holdback agreements with certain Vdoo employees, the Company transferred $ 13.2 million in cash and committed to issue 110,932 shares of the Company’s ordinary shares, which is expected to be released to these employees in one to two years from the acquisition date, subject to their continued service. The Company also agreed to pay up to a $ 10.0 million retention bonus to Vdoo continuing employees in three annual installments following the acquisition date. The payouts or vesting of the holdback and the retention considerations are subject to continued employment, and therefore recognized as compensation expense over the requisite service period. In addition, pursuant to the purchase agreement, on July 19, 2021, the Company issued approximately $ 30.0 million of restricted share units (“RSUs”) to Vdoo employees in accordance with the terms of the Company’s equity incentive plan, which is expected to vest and be expensed over an approximately 4-year service period. The following table summarizes the preliminary fair value of assets acquired and liabilities assumed: July 19, 2021 (in thousands) Cash and cash equivalent $ 31,240 Other current assets 943 Intangible assets 45,500 Goodwill 224,673 Other noncurrent assets 2,692 Total assets acquired 305,048 Current liabilities 4,272 Noncurrent liabilities 1,501 Total liabilities assumed 5,773 Total purchase consideration $ 299,275 Goodwill is primarily attributable to expected synergies arising from technology integration and expanded product availability to the Company’s existing and new customers. Goodwill is not deductible for income tax purpose. The following table presents components of the identified intangible assets acquired and their estimated useful lives as of the date of acquisition: Fair Value Useful Life (in thousands) (in years) Developed technology $ 41,300 5.0 Customer relationships 4,200 6.0 Total intangible assets acquired $ 45,500 The results of operations of Vdoo have been included in the condensed consolidated financial statements since the date of the acquisition. Additionally, the Company incurred transaction costs $ 0.3 million and $ 0.7 million during the three and nine months ended September 30, 2021, which were included in general and administrative expenses in the Condensed Consolidated Statements of Operations. The following unaudited pro forma information presents the combined results of operations of the Company and Vdoo as if the acquisition of Vdoo had been completed on January 1, 2020. The unaudited pro forma results include adjustments primarily related to amortization of the acquired intangible assets, recognition of cash and share-based compensation associated with RSU grants, retention and holdback arrangements, as referenced above, as of the earliest period presented. The unaudited pro forma results do not reflect any cost saving synergies from operating efficiencies or the effect of the incremental costs incurred from integrating Vdoo. Accordingly, these unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operations of the combined company would have been if the acquisition of Vdoo had occurred at the beginning of 2020. Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (in thousands) Revenue $ 53,795 $ 39,293 $ 148,588 $ 109,096 Net loss $ 22,895 $ 15,699 $ 67,244 $ 36,008 Upswift Ltd. In August 2021, we completed the acquisition of Upswift Ltd., a privately-held company providing device management platform for total consideration of $ 9.5 million, net of cash acquired. Of the purchase consideration, $ 4.3 million was attributed to identified intangible assets, $ 5.8 million to goodwill, and $ 0.6 million to net liabilities assumed.

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Net	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, Net	. Goodwill and Intangible Assets, Net Goodwill The following table represents the changes to goodwill: Nine Months Ended September 30, 2021 (in thousands) Balance as of December 31, 2020 $ 17,320 Additions from acquisitions 230,456 Balance as of September 30, 2021 $ 247,776 Intangible Assets, Net Intangible assets consisted of the following as of September 30, 2021: Gross Fair Accumulated Net Book Weighted- (in thousands) (in years) Developed technology $ 50,347 $ ( 4,417 ) $ 45,930 4.6 Customer relationships 5,541 ( 661 ) 4,880 5.4 Other intangible assets 1,586 ( 1,561 ) 25 0.1 Total $ 57,474 $ ( 6,639 ) $ 50,835 Intangible assets consisted of the following as of December 31, 2020: Gross Fair Accumulated Net Book Weighted- (in thousands) (in years) Developed technology $ 4,856 $ ( 2,064 ) $ 2,792 3.7 Customer relationships 1,200 ( 367 ) 833 4.2 Other intangible assets 1,586 ( 1,164 ) 422 0.8 Total $ 7,642 $ ( 3,595 ) $ 4,047 Amortization expenses for intangible assets were $ 2.3 million and $ 0.4 million for the three months ended September 30, 2021 and 2020 , respectively, and $ 3.0 million and $ 1.2 million for the nine months ended September 30, 2021 and 2020, respectively. Amortization of developed technology is included in cost of revenue and amortization of customer relationships and other intangible assets are included in sales and marketing expense in the condensed consolidated statements of operations. The expected future amortization expenses by year related to the intangible assets as of September 30, 2021 are as follows: September 30, 2021 (in thousands) Year Ending December 31, 2021 (Remainder) $ 2,867 2022 11,365 2023 11,291 2024 10,590 2025 9,110 Thereafter 5,612 Total $ 50,835

Leases

Leases	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Leases	10. Leases The Company leases its office facilities under non-cancelable agreements that expire at various dates through August 2026. The Company determines if an arrangement is a lease at inception. As discussed in Note 2, Summary of Significant Accounting Policies , operating lease ROU assets and liabilities are included on the Condensed Consolidated Balance Sheet beginning January 1, 2021. The Company currently does not have any finance leases. Operating lease ROU assets and liabilities are recognized at the present value of the future lease payments at the lease commencement date. The Company combines its lease payments and fixed payments for non-lease components and account for them together as a single lease component. Operating lease ROU assets also include any prepaid lease payments and lease incentives. Certain lease agreements include rental payments adjusted periodically for the consumer price index ("CPI"). The ROU and lease liability were calculated using the initial CPI and will not be subsequently adjusted. Payments for variable lease costs are expensed as incurred and not included in the operating lease ROU assets and liabilities. For short-term leases with a term of 12 months or less, operating lease ROU assets and liabilities are not recognized and the Company records lease payments in the Condensed Consolidated Statements of Operations on a straight-line basis over the lease term. The interest rate used to determine the present value of the future lease payments is the Company’s incremental borrowing rate, because the interest rate implicit in the Company’s leases is not readily determinable. The Company’s incremental borrowing rate is estimated to approximate the interest rate on a collateralized basis with similar terms and payments, and in economic environments where the leased asset is located. Many of the Company’s lease agreements provide one or more options to renew. When determining lease terms, the Company uses the non-cancellable period of the leases and do not assume renewals unless it is reasonably certain that the Company will exercise that option. Operating lease expense is recognized on a straight-line basis over the lease term. Components of operating lease expense were as follows: Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 (in thousands) Operating lease cost $ 1,742 $ 4,407 Short-term lease cost 29 93 Variable lease cost 90 285 Total operating lease cost $ 1,861 $ 4,785 Rent expense under the previous lease accounting standard was $ 0.9 million and $ 3.0 million during the three and nine months ended September 30, 2020, respectively. Supplementary cash flow information related to operating leases was as follows: Nine Months Ended September 30, 2021 (in thousands) Cash paid for operating leases $ 4,016 ROU assets obtained in exchange for new operating lease liabilities $ 2,653 Adjustment to ROU assets upon modification of existing lease $ 4,588 As of September 30, 2021 , the weighted-average discount rate is 0.9 % and the weighted-average remaining term is 4.1 years. Maturities of the Company’s operating lease liabilities as of September 30, 2021 were as follows: September 30, 2021 (in thousands) Year Ending December 31, 2021 (Remainder) $ 1,640 2022 7,296 2023 7,038 2024 6,012 2025 4,804 Thereafter 1,755 Total operating lease payments 28,545 Less: imputed interest ( 510 ) Total operating lease liabilities $ 28,035 As of December 31, 2020, the minimum lease payments under operating leases, including payments for leases which had not commenced, were as follows: December 31, 2020 (in thousands) Year Ending December 31, 2021 $ 5,475 2022 5,931 2023 5,429 2024 4,607 2025 3,389 Thereafter 803 Total $ 25,634

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies Non-cancelable Purchase Obligations In the normal course of business, the Company enters into non-cancelable purchase commitments with various parties for mainly hosting services, as well as software products and services. As of September 30, 2021, the Company had outstanding non-cancelable purchase obligations with a term of 12 months or longer as follows: September 30, 2021 (in thousands) Year Ending December 31, 2021 (Remainder) $ 335 2022 14,013 2023 25,616 2024 18,000 2025 29,658 Total $ 87,622 Indemnifications and Contingencies The Company enters into indemnification provisions under certain agreements with other parties in the ordinary course of business. In its customer agreements, the Company has agreed to indemnify, defend and hold harmless the indemnified party for third party claims and related losses suffered or incurred by the indemnified party from actual or threatened third-party intellectual property infringement claims. For certain large or strategic customers, the Company has agreed to indemnify, defend and hold harmless the indemnified party for non-compliance with certain additional representations and warranties made by the Company. Grants from Israeli Innovation Authority The Company has received in the past grants from the Israeli Innovation Authority (“IIA”) and repaid them in full. Still, as any grant recipient, the Company is subject to the provisions of the Israeli Law for the Encouragement of Research, Development and Technological Innovation in the Industry and the regulations and guidelines thereunder (the “Innovation Law”). Pursuant to the Innovation Law, there are restrictions related to transferring intellectual property outside of Israel. Such transfer requires the approval from the IIA. The approval may be subject to a maximum additional payment amount of approximately $ 6.0 million. In the past, the Company received an approval from the IIA to perform a limited development of IIA funded know-how outside of Israel , subject to the terms specified in the IIA approval, including that all of its core R&D activities will remain in Israel. Legal Proceedings In the ordinary course of business, the Co mpany may be subject from time to time to various proceedings, lawsuits, disputes, or claims. The Company investigates these claims as they arise. Although claims are inherently unpredictable, the Company is currently not aware of any matters that, if determined adversely to the Company, would individually or taken together, have a material adverse effect on its business, financial position, results of operations, or cash flows.

Shareholders' Equity and Equity

Shareholders' Equity and Equity Incentive Plans	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Shareholders' Equity and Equity Incentive Plans	12. Shareholders’ Equity and Equity Incentive Plans Equity Incentive Plans On January 1, 2021, the number of ordinary shares authorized for issuance under the 2020 Equity Incentive Plan (the “2020 Plan”) automatically increased by 5,307,818 shares pursuant to the terms of the 2020 Plan. Share Options A summary of share option activity under the Company’s equity incentive plans and related information is as follows: Options Outstanding Outstanding Weighted-Average Exercise Weighted-Average Remaining Aggregate (in thousands, except share, life and per share data) Balance as of December 31, 2020 13,075,489 $ 6.50 6.8 $ 736,478 Granted 30,000 $ 65.96 Exercised ( 2,042,126 ) $ 2.33 $ 103,916 Forfeited ( 487,155 ) $ 15.12 Balance as of September 30, 2021 10,576,208 $ 7.08 6.2 $ 280,285 Exercisable as of September 30, 2021 5,616,757 $ 3.48 4.9 $ 168,670 The weighted-average grant date fair value of options granted during the nine months ended September 30, 2021 was $ 42.00 , and $ 19.26 and $ 15.46 during the three and nine months ended September 30, 2020 , respectively. No share options were granted during the three months ended September 30, 2021. The total intrinsic value of option exercised during the nine months ended September 30, 2020 was $ 33.1 million. Restricted Share Units A summary of RSU activity and related information under the Company's equity incentive plan and a stand-alone RSU award to the Company's Chief Executive Officer in August 2020 is as follows: RSUs Unvested RSUs Weighted-Average Unvested as of December 31, 2020 818,945 $ 48.38 Granted 3,113,825 $ 47.85 Vested and released ( 33,373 ) $ 59.40 Canceled/forfeited ( 268,395 ) $ 57.75 Unvested as of September 30, 2021 3,631,002 $ 47.13 The total fair value of RSUs, as of their respective release dates, was $ 1.3 million and $ 6.1 million during the nine months ended September 30, 2021 and 2020, respectively. Employee Share Purchase Plan On January 1, 2021, the number of ordinary shares authorized for issuance under the 2020 Employee Share Purchase Plan (“ESPP”) automatically increased by 922,570 shares pursuant to the terms of ESPP. 94,638 ordinary shares were purchased during the nine months ended September 30, 2021. Shares Reserved for Future Issuance The Company has the following ordinary shares reserved for future issuance: September 30, 2021 Outstanding share options 10,576,208 Outstanding RSUs 3,631,002 Issuable ordinary shares related to business combinations 160,758 Shares available for future issuance under the 2020 Plan 12,883,849 Shares available for future issuance under ESPP 2,927,932 Total ordinary shares reserved 30,179,749 Share-Based Compensation The share-based compensation expense by line item in the accompanying condensed consolidated statements of operations is summarized as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (in thousands) Cost of revenue: subscription–self-managed and SaaS $ 1,180 $ 327 $ 2,766 $ 666 Research and development 4,547 1,086 9,056 2,782 Sales and marketing 4,307 1,263 10,552 3,033 General and administrative 6,823 6,984 20,337 7,918 Total share-based compensation expense $ 16,857 $ 9,660 $ 42,711 $ 14,399 As of September 30, 2021 , unrecognized share-based compensation cost related to unvested share-based compensation awards was $ 183.6 million, which is expected to be recognized over a weighted-average period of 3.4 years.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	13. Accumulated Other Comprehensive Income (Loss) The following table summarizes the changes in AOCI by component, net of tax, during the periods presented: Net Unrealized Net Unrealized Total (in thousands) Balance as of December 31, 2020 $ ( 69 ) $ 441 $ 372 Other comprehensive income (loss) before reclassifications ( 35 ) ( 53 ) ( 88 ) Net realized gains reclassified from AOCI ( 4 ) ( 387 ) ( 391 ) Other comprehensive loss ( 39 ) ( 440 ) ( 479 ) Balance as of September 30, 2021 $ ( 108 ) $ 1 $ ( 107 ) Net Unrealized Net Unrealized Total (in thousands) Balance as of December 31, 2019 $ 35 $ — $ 35 Other comprehensive income before reclassifications 66 566 632 Net realized losses (gains) reclassified from AOCI 11 ( 339 ) ( 328 ) Other comprehensive income 77 227 304 Balance as of September 30, 2020 $ 112 $ 227 $ 339

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	14. Income Taxes The Company’s quarterly tax provision, and estimates of its annual effective tax rate, is subject to variation due to several factors, including variability in pre-tax income (or loss), the mix of jurisdictions to which such income relates, tax law developments, as well as non-deductible expenses, such as share-based compensation, and changes in its valuation allowance. Income tax expense (benefit) was $( 0.4 ) million and $ 0.3 million for the three months ended September 30, 2021 and 2020, respectively, and $( 3.5 ) million and $ 1.1 million for the nine months ended September 30, 2021 and 2020, respectively. The income tax expense (benefit) for the periods consisted primarily of income taxes related to the U.S. In addition, the income tax benefit during the three and nine months ended September 30, 2021 included a tax benefit of $ 0.4 million from a partial release of valuation allowance associated with the acquisitions. A valuation allowance is provided when it is more likely than not that the deferred tax assets will not be realized. Based on the available objective evidence during nine months ended September 30, 2021, the Company believes it is more likely than not that the tax benefits of the Company’s losses incurred in Israel may not be realized. As of September 30, 2021 , the Company is under examination of its income tax returns by the Israeli Tax Authorities for the years from 2015 through 2018 . The Company does not believe the resolution of the examination will have a material impact on the Company’s consolidated financial statements. Our gross unrecognized tax benefits were $ 4.1 million and $ 2.7 million as of September 30, 2021 and December 31, 2020, respectively. The net increase to our gross unrecognized tax benefit is primarily the result of $ 1.4 million increase in current year tax positions. As of September 30, 2021 , the Company does not expect its unrecognized tax benefits to change significantly within the next twelve months.

Net Loss Per Share Attributable

Net Loss Per Share Attributable to Ordinary Shareholders	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Net Loss Per Share Attributable to Ordinary Shareholders	15. Net Loss Per Share Attributable to Ordinary Shareholders The following table sets forth the computation of basic and diluted net loss per share attributable to ordinary shareholders for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (in thousands, except share and per share data) Numerator: Net loss $ ( 20,464 ) $ ( 5,265 ) $ ( 41,508 ) $ ( 5,691 ) Denominator: Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 95,707,062 37,515,828 94,028,537 31,359,164 Net loss per share attributable to ordinary shareholders, basic and diluted $ ( 0.21 ) $ ( 0.14 ) $ ( 0.44 ) $ ( 0.18 ) The potential shares of ordinary shares that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented because including them would have been anti-dilutive are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Convertible preferred shares — 44,706,827 — 49,593,474 Outstanding share options 10,810,724 14,212,886 11,577,203 13,636,488 Unvested RSUs 3,071,760 208,137 1,994,319 69,886 Share purchase rights under the ESPP 102,202 — 65,603 — Issuable ordinary shares related to business combination 170,464 180,882 134,141 216,296 Total 14,155,150 59,308,732 13,771,266 63,516,144

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”), and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting, and include the accounts of JFrog Ltd. and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated balance sheet as of December 31, 2020 was derived from the audited consolidated financial statements as of that date, but does not include all of the disclosures, including certain notes required by GAAP on an annual reporting basis. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the related notes thereto as of and for the year ended December 31, 2020, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC on February 12, 2021. In management’s opinion, the unaudited condensed consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and reflect all adjustments, which include only normal recurring adjustments necessary for the fair presentation of the Company’s financial position as of September 30, 2021 and the Company’s consolidated results of operations and convertible preferred shares and shareholders’ equity (deficit) for the three and nine months ended September 30, 2021 and 2020, and cash flows for the nine months ended September 30, 2021 and 2020. The results for the three and nine months ended September 30, 2021 are not necessarily indicative of the results to be expected for the full year ending December 31, 2021 or any other future interim or annual period.
Use of Estimates	Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods and accompanying notes. Significant items subject to such estimates and assumptions include, but are not limited to, the allocation of transaction price among various performance obligations, the estimated customer life on deferred contract acquisition costs, the allowance for doubtful accounts, the fair value of financial assets and liabilities, including accounting and fair value of derivatives, the fair value of acquired intangible assets and goodwill, the useful lives of acquired intangible assets and property and equipment, the incremental borrowing rate for operating leases, share-based compensation including the determination of the fair value of the Company’s share-based awards, and the valuation of deferred tax assets and uncertain tax positions. The Company bases these estimates on historical and anticipated results, trends and various other assumptions that it believes are reasonable under the circumstances, including assumptions as to future events. Actual results could differ from those estimates.
Significant Accounting Policies	Significant Accounting Policies The Company’s significant accounting policies are discussed in Note 2, Summary of Significant Accounting Policies, in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. There have been no significant changes to these policies during the nine months ended September 30, 2021, except as noted in the section titled “ Recently Adopted Accounting Pronouncements ” below. Emerging Growth Company Status The Company is an emerging growth company, as defined in the Jumpstart Our Business Startups Act (“JOBS Act”). Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until those standards apply to private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies until the earlier of the date that it (i) is no longer an emerging growth company or (ii) affirmatively and irrevocably opts out of the extended transition period provided in the JOBS Act. As a result, the condensed consolidated financial statements may not be comparable to companies that comply with the new or revised accounting pronouncements as of public company effective dates. On the last business day of the Company’s second quarter in fiscal 2021, the aggregate market value of the Company’s ordinary shares held by its non-affiliate shareholders exceeded $ 700 million. As a result, as of December 31, 2021, the Company will be considered a large accelerated filer as defined in Rule 12b-2 of the Securities Exchange Act of 1934 and the Company will cease to be an emerging growth company. Accordingly, the Company will no longer be exempt from the auditor attestation requirements under Section 404(b) of the Sarbanes-Oxley Act of 2002, as amended, and the Company’s independent registered public accounting firm will evaluate and report on the effectiveness of internal control over financial reporting. Further, following the loss of emerging growth company status, the Company will be required to comply with any new or revised accounting pronouncements as of public company effective dates.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In reliance on the extended transition period allowed for emerging growth companies under the JOBS Act, the Company has elected to use the adoption dates discussed below. In February 2016, the Financial Accounting Standards (“FASB”) issued ASU No. 2016-02, Leases (Topic 842), which would require lessees to put all leases on their balance sheets, whether operating or financing, while continuing to recognize the expenses on their income statements in a manner similar to the existing practice. The guidance states that a lessee would recognize a lease liability for the obligation to make lease payments and a right-of-use (“ROU”) asset for the right to use the underlying asset for the lease term. The Company adopted the guidance on January 1, 2021 using a modified retrospective transition approach. It applied Topic 842 to all leases as of January 1, 2021 without adjusting the comparative periods presented. The Company elected certain practical expedients permitted under the transition guidance within the new guidance and carried forward the historical accounting relating to lease identification and classification, remaining lease terms, and initial direct costs. Upon adoption, the Company recognized operating lease ROU assets of $ 21.9 million and operating lease liabilities of $ 22.1 million. Operating lease ROU assets included adjustments for prepayments and accrued lease payments. The adoption of Topic 842 did not have a material impact to the Company’s results of operations or cash flows. See Note 10, Leases , for further information. In August 2018, the FASB issued ASU No. 2018-15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract, which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The new standard requires capitalized costs to be amortized on a straight-line basis generally over the term of the arrangement, and the financial statement presentation for these capitalized costs would be the same as that of the fees related to the hosting arrangements. The Company adopted this guidance prospectively on January 1, 2021, and the adoption did not have a material impact on its condensed consolidated financial statements.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , which replaces the existing incurred loss impairment model with an expected credit loss model and requires a financial asset measured at amortized cost to be presented at the net amount expected to be collected. The guidance will be effective for the Company beginning January 1, 2023, and interim periods therein. Early adoption is permitted. The Company does not expect the adoption of this new standard will have a material effect on its condensed consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which simplifies the accounting for income taxes by removing a variety of exceptions within the framework of ASC 740. These exceptions include the exception to the incremental approach for intra-period tax allocation in the event of a loss from continuing operations and income or a gain from other items (such as other comprehensive income), and the exception to using general methodology for the interim period tax accounting for year-to-date losses that exceed anticipated losses. The guidance will be effective for the Company beginning January 1, 2022, and interim periods in fiscal years beginning January 1, 2023. Early adoption is permitted. The Company does not expect the adoption of this new standard will have a material effect on its condensed consolidated financial statements.
Fair Value Measurements	The Company classifies its money market fund within Level 1 of the fair value hierarchy because they are valued based on quoted market prices in active markets. The Company classifies its bank deposits, certificates of deposit, commercial paper, corporate debt securities, municipal securities, government and agency debt, and derivative financial instruments within Level 2 because they are valued using inputs other than quoted prices which are directly or indirectly observable in the market, including readily-available pricing sources for the identical underlying security which may not be actively traded. As of September 30, 2021 and December 31, 2020 , the Company did no t have any assets or liabilities valued based on Level 3 valuations.
Derivative Financial Instruments and Hedging	The Company enters into foreign currency forward and option contracts with financial institutions to protect against foreign exchange risks, mainly the exposure to changes in the exchange rate of the New Israeli Shekel (“NIS”) against the U.S. dollar that are associated with forecasted future cash flows and certain existing assets and liabilities for up to twelve months. The Company’s primary objective in entering into these contracts is to reduce the volatility of earnings and cash flows associated with changes in foreign currency exchange rates. The Company does not use derivative instruments for trading or speculative purposes. Derivative instruments that hedge the exposure to variability in expected future cash flows are designated as cash flow hedges. The Company records changes in the fair value of these derivatives in AOCI in the Condensed Consolidated Balance Sheets, until the forecasted transaction occurs. Upon occurrence, the Company reclassifies the related gain or loss on the derivative to the same financial statement line item in the Condensed Consolidated Statements of Operations to which the derivative relates. From time to time, the Company may discontinue cash flow hedges and record the related amount in interest and other income, net, on the Condensed Consolidated Statements of Operations. Derivative instruments that hedge the exposure to variability in the fair value of assets or liabilities are not currently designated as hedges for financial reporting purposes. The Company records changes in the fair value of these derivatives in interest and other income, net in the Condensed Consolidated Statements of Operations.
Leases	The Company determines if an arrangement is a lease at inception. As discussed in Note 2, Summary of Significant Accounting Policies , operating lease ROU assets and liabilities are included on the Condensed Consolidated Balance Sheet beginning January 1, 2021. The Company currently does not have any finance leases. Operating lease ROU assets and liabilities are recognized at the present value of the future lease payments at the lease commencement date. The Company combines its lease payments and fixed payments for non-lease components and account for them together as a single lease component. Operating lease ROU assets also include any prepaid lease payments and lease incentives. Certain lease agreements include rental payments adjusted periodically for the consumer price index ("CPI"). The ROU and lease liability were calculated using the initial CPI and will not be subsequently adjusted. Payments for variable lease costs are expensed as incurred and not included in the operating lease ROU assets and liabilities. For short-term leases with a term of 12 months or less, operating lease ROU assets and liabilities are not recognized and the Company records lease payments in the Condensed Consolidated Statements of Operations on a straight-line basis over the lease term. The interest rate used to determine the present value of the future lease payments is the Company’s incremental borrowing rate, because the interest rate implicit in the Company’s leases is not readily determinable. The Company’s incremental borrowing rate is estimated to approximate the interest rate on a collateralized basis with similar terms and payments, and in economic environments where the leased asset is located. Many of the Company’s lease agreements provide one or more options to renew. When determining lease terms, the Company uses the non-cancellable period of the leases and do not assume renewals unless it is reasonably certain that the Company will exercise that option. Operating lease expense is recognized on a straight-line basis over the lease term.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Summary of table presents revenue as follows	The following table presents revenue by category: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Amount Percentage Amount Percentage Amount Percentage Amount Percentage (in thousands, except percentages) Self-managed subscription $ 40,591 76 % $ 30,161 78 % $ 112,604 76 % $ 85,269 79 % Subscription 36,136 68 26,989 70 101,055 68 76,303 71 License 4,455 8 3,172 8 11,549 8 8,966 8 SaaS 13,112 24 8,725 22 34,843 24 22,869 21 Total subscription revenue $ 53,703 100 % $ 38,886 100 % $ 147,447 100 % $ 108,138 100 %
Summary of table by region based on the shipping address of customers	The following table summarizes revenue by region based on the shipping address of customers: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Amount Percentage Amount Percentage Amount Percentage Amount Percentage (in thousands, except percentages) United States $ 33,769 63 % $ 24,924 64 % $ 92,453 63 % $ 69,429 64 % Israel 1,049 2 726 2 3,107 2 2,020 2 Rest of world 18,885 35 13,236 34 51,887 35 36,689 34 Total subscription revenue $ 53,703 100 % $ 38,886 100 % $ 147,447 100 % $ 108,138 100 %
Summary of table represents a rollforward of deferred contract acquisition costs	The following table represents a rollforward of deferred contract acquisition costs: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (in thousands) Beginning balance $ 10,476 $ 6,434 $ 8,196 $ 5,989 Additions to deferred contract acquisition costs 2,749 1,303 7,113 3,088 Amortization of deferred contract acquisition costs ( 1,184 ) ( 754 ) ( 3,268 ) ( 2,094 ) Ending balance $ 12,041 $ 6,983 $ 12,041 $ 6,983 Deferred contract acquisition costs (to be recognized in next 12 months) $ 4,491 $ 2,864 $ 4,491 $ 2,864 Deferred contract acquisition costs, noncurrent 7,550 4,119 7,550 4,119 Total deferred contract acquisition costs $ 12,041 $ 6,983 $ 12,041 $ 6,983

Short-Term Investments (Tables)

Short-Term Investments (Tables)	9 Months Ended
	Sep. 30, 2021
Investments, All Other Investments [Abstract]
Summary of short term investments	Short-term investments consisted of the following: September 30, 2021 Amortized Gross Gross Estimated (in thousands) Bank deposits $ 83,605 $ — $ — $ 83,605 Certificates of deposit 252 — — 252 Commercial paper 46,832 3 ( 9 ) 46,826 Corporate debt securities 108,566 2 ( 79 ) 108,489 Municipal securities 53,873 1 ( 20 ) 53,854 Government and agency debt 24,756 1 ( 7 ) 24,750 Marketable securities 234,279 7 ( 115 ) 234,171 Total short-term investments $ 317,884 $ 7 $ ( 115 ) $ 317,776 December 31, 2020 Amortized Gross Gross Estimated (in thousands) Bank deposits $ 133,386 $ — $ — $ 133,386 Certificates of deposit 10,802 20 ( 1 ) 10,821 Commercial paper 34,150 3 ( 2 ) 34,151 Corporate debt securities 128,694 11 ( 82 ) 128,623 Municipal securities 54,238 7 ( 12 ) 54,233 Government and agency debt 72,394 5 ( 18 ) 72,381 Marketable securities 300,278 46 ( 115 ) 300,209 Total short-term investments $ 433,664 $ 46 $ ( 115 ) $ 433,595

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Summary of fair value by balance sheet grouping	The following table presents information about the Company’s financial instruments that are measured at fair value on a recurring basis: September 30, 2021 Fair Value Level 1 Level 2 (in thousands) Financial Assets: Money market funds $ 38,951 $ 38,951 $ — Government and agency debt 1,000 — 1,000 Cash equivalents 39,951 38,951 1,000 Bank deposits 83,605 — 83,605 Certificates of deposit 252 — 252 Commercial paper 46,826 — 46,826 Corporate debt securities 108,489 — 108,489 Municipal securities 53,854 — 53,854 Government and agency debt 24,750 — 24,750 Short-term investments 317,776 — 317,776 Foreign currency contracts designated as hedging instruments included in prepaid expenses and other current assets 105 — 105 Foreign currency contracts not designated as hedging instruments included in prepaid expenses and other current assets 18 — 18 Restricted bank deposits included in prepaid expenses and other current assets 787 — 787 Restricted bank deposits included in other assets, noncurrent 249 — 249 Total financial assets $ 358,886 $ 38,951 $ 319,935 Financial Liabilities: Foreign currency contracts designated as hedging instruments included in accrued expenses and other current liabilities $ 103 $ — $ 103 Foreign currency contracts not designated as hedging instruments included in accrued expenses and other current liabilities 4 — 4 Total financial liabilities $ 107 $ — $ 107 December 31, 2020 Fair Value Level 1 Level 2 (in thousands) Financial Assets: Money market funds $ 111,080 $ 111,080 $ — Certificates of deposit 274 — 274 Cash equivalents 111,354 111,080 274 Bank deposits 133,386 — 133,386 Certificates of deposit 10,821 — 10,821 Commercial paper 34,151 — 34,151 Corporate debt securities 128,623 — 128,623 Municipal securities 54,233 — 54,233 Government and agency debt 72,381 — 72,381 Short-term investments 433,595 — 433,595 Foreign currency contracts designated as hedging instruments included in prepaid expenses and other current assets 468 — 468 Foreign currency contracts not designated as hedging instruments included in prepaid expenses and other current assets 2 — 2 Restricted bank deposits included in prepaid expenses and other current assets 14 — 14 Restricted bank deposits included in other assets, noncurrent 264 — 264 Total financial assets $ 545,697 $ 111,080 $ 434,617 Financial Liabilities: Foreign currency contracts designated as hedging instruments included in accrued expenses and other current liabilities $ 16 $ — $ 16 Total financial liabilities $ 16 $ — $ 16

Derivative Financial Instrume_2

Derivative Financial Instruments and Hedging (Tables)	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Disclosure of notional amount of derivatives by hedging designation	The notional amounts of outstanding foreign currency contracts in U.S. dollar as of the periods presented were as follows: September 30, 2021 December 31, 2020 (in thousands) Derivatives Designated as Hedging Instruments: Foreign currency contracts $ 22,190 $ 10,264 Derivatives Not Designated as Hedging Instruments: Foreign currency contracts 3,468 1,230 Total derivative instruments $ 25,658 $ 11,494
Derivative instruments, gain (loss)	The effect of foreign currency contracts on the condensed consolidated statements of operations during the periods presented were as follows: Derivatives Designated as Hedging Instruments Derivatives Not Designated as Hedging Instruments Three Months Ended September 30, Nine Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 2021 2020 2021 2020 Condensed Statement of Operations Location: (in thousands) Cost of revenue: subscription–self-managed and SaaS $ 12 $ 31 $ 33 $ 28 $ — $ — $ — $ — Research and development 80 199 212 179 — — — — Sales and marketing 19 71 59 64 — — — — General and administrative 28 76 75 68 — — — — Interest and other income, net — — 8 — 75 5 144 115 Total gains recognized in earnings $ 139 $ 377 $ 387 $ 339 $ 75 $ 5 $ 144 $ 115

Condensed Consolidated Balanc_4

Condensed Consolidated Balance Sheet Components (Tables)	9 Months Ended
	Sep. 30, 2021
Balance Sheet Related Disclosures [Abstract]
Summary of property and equipment	Property and equipment, net consisted of the following: September 30, 2021 December 31, 2020 (in thousands) Computer and software $ 5,958 $ 4,079 Furniture and office equipment 2,100 1,495 Leasehold improvements 4,782 3,761 Property and equipment, gross 12,840 9,335 Less: accumulated depreciation and amortization ( 6,419 ) ( 4,372 ) Property and equipment, net $ 6,421 $ 4,963
Summary of accrued expenses and other current liabilities	Accrued expenses and other current liabilities consisted of the following: September 30, 2021 December 31, 2020 (in thousands) Accrued compensation and benefits $ 14,453 $ 8,799 Withholding tax from employee equity transactions to be remitted to tax authorities 240 9,186 Accrued expenses 4,945 3,054 Accrued expenses and other current liabilities $ 19,638 $ 21,039

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
	Sep. 30, 2021
Business Combinations [Abstract]
Summary of fair value of assets acquired and liabilities (Details)	The following table summarizes the preliminary fair value of assets acquired and liabilities assumed: July 19, 2021 (in thousands) Cash and cash equivalent $ 31,240 Other current assets 943 Intangible assets 45,500 Goodwill 224,673 Other noncurrent assets 2,692 Total assets acquired 305,048 Current liabilities 4,272 Noncurrent liabilities 1,501 Total liabilities assumed 5,773 Total purchase consideration $ 299,275
Summary of components of identifiable intangible assets acquired and their estimated useful lives	The following table presents components of the identified intangible assets acquired and their estimated useful lives as of the date of acquisition: Fair Value Useful Life (in thousands) (in years) Developed technology $ 41,300 5.0 Customer relationships 4,200 6.0 Total intangible assets acquired $ 45,500
Summary of Unaudited Pro Forma Information	The unaudited pro forma results do not reflect any cost saving synergies from operating efficiencies or the effect of the incremental costs incurred from integrating Vdoo. Accordingly, these unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operations of the combined company would have been if the acquisition of Vdoo had occurred at the beginning of 2020. Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (in thousands) Revenue $ 53,795 $ 39,293 $ 148,588 $ 109,096 Net loss $ 22,895 $ 15,699 $ 67,244 $ 36,008

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Net (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of changes in goodwill	The following table represents the changes to goodwill: Nine Months Ended September 30, 2021 (in thousands) Balance as of December 31, 2020 $ 17,320 Additions from acquisitions 230,456 Balance as of September 30, 2021 $ 247,776
Summary of intangible assets	Intangible assets consisted of the following as of September 30, 2021: Gross Fair Accumulated Net Book Weighted- (in thousands) (in years) Developed technology $ 50,347 $ ( 4,417 ) $ 45,930 4.6 Customer relationships 5,541 ( 661 ) 4,880 5.4 Other intangible assets 1,586 ( 1,561 ) 25 0.1 Total $ 57,474 $ ( 6,639 ) $ 50,835 Intangible assets consisted of the following as of December 31, 2020: Gross Fair Accumulated Net Book Weighted- (in thousands) (in years) Developed technology $ 4,856 $ ( 2,064 ) $ 2,792 3.7 Customer relationships 1,200 ( 367 ) 833 4.2 Other intangible assets 1,586 ( 1,164 ) 422 0.8 Total $ 7,642 $ ( 3,595 ) $ 4,047
Summary of expected future amortization expenses by year related to the intangible assets	The expected future amortization expenses by year related to the intangible assets as of September 30, 2021 are as follows: September 30, 2021 (in thousands) Year Ending December 31, 2021 (Remainder) $ 2,867 2022 11,365 2023 11,291 2024 10,590 2025 9,110 Thereafter 5,612 Total $ 50,835

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Components of Operating Lease Expense	Components of operating lease expense were as follows: Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 (in thousands) Operating lease cost $ 1,742 $ 4,407 Short-term lease cost 29 93 Variable lease cost 90 285 Total operating lease cost $ 1,861 $ 4,785
Supplementary Cash Flow Information Related to Operating Leases	Supplementary cash flow information related to operating leases was as follows: Nine Months Ended September 30, 2021 (in thousands) Cash paid for operating leases $ 4,016 ROU assets obtained in exchange for new operating lease liabilities $ 2,653 Adjustment to ROU assets upon modification of existing lease $ 4,588
Summary of minimum lease payments under operating leases	As of September 30, 2021 , the weighted-average discount rate is 0.9 % and the weighted-average remaining term is 4.1 years. Maturities of the Company’s operating lease liabilities as of September 30, 2021 were as follows: September 30, 2021 (in thousands) Year Ending December 31, 2021 (Remainder) $ 1,640 2022 7,296 2023 7,038 2024 6,012 2025 4,804 Thereafter 1,755 Total operating lease payments 28,545 Less: imputed interest ( 510 ) Total operating lease liabilities $ 28,035
Summary of minimum lease payments under operating leases	As of December 31, 2020, the minimum lease payments under operating leases, including payments for leases which had not commenced, were as follows: December 31, 2020 (in thousands) Year Ending December 31, 2021 $ 5,475 2022 5,931 2023 5,429 2024 4,607 2025 3,389 Thereafter 803 Total $ 25,634

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Summary of outstanding non-cancelable purchase obligations	In the normal course of business, the Company enters into non-cancelable purchase commitments with various parties for mainly hosting services, as well as software products and services. As of September 30, 2021, the Company had outstanding non-cancelable purchase obligations with a term of 12 months or longer as follows: September 30, 2021 (in thousands) Year Ending December 31, 2021 (Remainder) $ 335 2022 14,013 2023 25,616 2024 18,000 2025 29,658 Total $ 87,622

Shareholders' Equity and Equi_2

Shareholders' Equity and Equity Incentive Plans (Tables)	9 Months Ended
	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of stock option activity	A summary of share option activity under the Company’s equity incentive plans and related information is as follows: Options Outstanding Outstanding Weighted-Average Exercise Weighted-Average Remaining Aggregate (in thousands, except share, life and per share data) Balance as of December 31, 2020 13,075,489 $ 6.50 6.8 $ 736,478 Granted 30,000 $ 65.96 Exercised ( 2,042,126 ) $ 2.33 $ 103,916 Forfeited ( 487,155 ) $ 15.12 Balance as of September 30, 2021 10,576,208 $ 7.08 6.2 $ 280,285 Exercisable as of September 30, 2021 5,616,757 $ 3.48 4.9 $ 168,670
Summary of restricted ordinary shares	A summary of RSU activity and related information under the Company's equity incentive plan and a stand-alone RSU award to the Company's Chief Executive Officer in August 2020 is as follows: RSUs Unvested RSUs Weighted-Average Unvested as of December 31, 2020 818,945 $ 48.38 Granted 3,113,825 $ 47.85 Vested and released ( 33,373 ) $ 59.40 Canceled/forfeited ( 268,395 ) $ 57.75 Unvested as of September 30, 2021 3,631,002 $ 47.13 The total fair value of RSUs, as of their respective release dates, was $ 1.3 million and $ 6.1 million during the nine months ended September 30, 2021 and 2020, respectively.
Summary of ordinary shares reserved for future issuance	The Company has the following ordinary shares reserved for future issuance: September 30, 2021 Outstanding share options 10,576,208 Outstanding RSUs 3,631,002 Issuable ordinary shares related to business combinations 160,758 Shares available for future issuance under the 2020 Plan 12,883,849 Shares available for future issuance under ESPP 2,927,932 Total ordinary shares reserved 30,179,749
Summary of stock-based compensation expense	The share-based compensation expense by line item in the accompanying condensed consolidated statements of operations is summarized as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (in thousands) Cost of revenue: subscription–self-managed and SaaS $ 1,180 $ 327 $ 2,766 $ 666 Research and development 4,547 1,086 9,056 2,782 Sales and marketing 4,307 1,263 10,552 3,033 General and administrative 6,823 6,984 20,337 7,918 Total share-based compensation expense $ 16,857 $ 9,660 $ 42,711 $ 14,399

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Summary of changes in AOCI	The following table summarizes the changes in AOCI by component, net of tax, during the periods presented: Net Unrealized Net Unrealized Total (in thousands) Balance as of December 31, 2020 $ ( 69 ) $ 441 $ 372 Other comprehensive income (loss) before reclassifications ( 35 ) ( 53 ) ( 88 ) Net realized gains reclassified from AOCI ( 4 ) ( 387 ) ( 391 ) Other comprehensive loss ( 39 ) ( 440 ) ( 479 ) Balance as of September 30, 2021 $ ( 108 ) $ 1 $ ( 107 ) Net Unrealized Net Unrealized Total (in thousands) Balance as of December 31, 2019 $ 35 $ — $ 35 Other comprehensive income before reclassifications 66 566 632 Net realized losses (gains) reclassified from AOCI 11 ( 339 ) ( 328 ) Other comprehensive income 77 227 304 Balance as of September 30, 2020 $ 112 $ 227 $ 339

Net Loss Per Share Attributab_2

Net Loss Per Share Attributable to Ordinary Shareholders (Tables)	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Summary of computation of basic and diluted net loss per share attributable to ordinary shareholders	The following table sets forth the computation of basic and diluted net loss per share attributable to ordinary shareholders for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 (in thousands, except share and per share data) Numerator: Net loss $ ( 20,464 ) $ ( 5,265 ) $ ( 41,508 ) $ ( 5,691 ) Denominator: Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 95,707,062 37,515,828 94,028,537 31,359,164 Net loss per share attributable to ordinary shareholders, basic and diluted $ ( 0.21 ) $ ( 0.14 ) $ ( 0.44 ) $ ( 0.18 )
Summary of shares excluded from the computation of diluted net loss per share attributable to ordinary shareholders	The potential shares of ordinary shares that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented because including them would have been anti-dilutive are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Convertible preferred shares — 44,706,827 — 49,593,474 Outstanding share options 10,810,724 14,212,886 11,577,203 13,636,488 Unvested RSUs 3,071,760 208,137 1,994,319 69,886 Share purchase rights under the ESPP 102,202 — 65,603 — Issuable ordinary shares related to business combination 170,464 180,882 134,141 216,296 Total 14,155,150 59,308,732 13,771,266 63,516,144

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2021	Sep. 30, 2021	Jan. 01, 2021	Dec. 31, 2020
Operating lease right-of-use assets		$ 27,421	$ 21,900	$ 0
Operating lease liabilities		$ 28,035	$ 22,100
Minimum [Member]
Aggregate market value of ordinary shares held by non-affiliate	$ 700,000

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Deferred Revenue					$ 119.2	$ 102.8	$ 82.9	$ 82.3
Deferred Revenue, Revenue Recognized	$ 38.6	$ 28.4	$ 74.7	$ 64.1
Revenue, Remaining Performance Obligation	$ 139.7		$ 139.7
Revenue, Remaining Performance Obligation, Percentage	82.00%		82.00%
Billed Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenue, Remaining Performance Obligation	$ 126.9		$ 126.9
Unbilled Revenues [Member]
Disaggregation of Revenue [Line Items]
Revenue, Remaining Performance Obligation	$ 12.8		$ 12.8

Revenue Recognition - Summary o

Revenue Recognition - Summary of Table Presents Revenue as Follows (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Total subscription revenue	$ 53,703	$ 38,886	$ 147,447	$ 108,138
Sale revenue [Member] | Product Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Percentage of revenue	100.00%	100.00%	100.00%	100.00%
Subscription—self-managed and SaaS
Disaggregation of Revenue [Line Items]
Total subscription revenue	$ 36,136	$ 26,989	$ 101,055	$ 76,303
Subscription—self-managed and SaaS | Sale revenue [Member] | Product Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Percentage of revenue	68.00%	70.00%	68.00%	71.00%
Selfmanaged Subscription [Member]
Disaggregation of Revenue [Line Items]
Total subscription revenue	$ 40,591	$ 30,161	$ 112,604	$ 85,269
Selfmanaged Subscription [Member] | Sale revenue [Member] | Product Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Percentage of revenue	76.00%	78.00%	76.00%	79.00%
License [Member]
Disaggregation of Revenue [Line Items]
Total subscription revenue	$ 4,455	$ 3,172	$ 11,549	$ 8,966
License [Member] | Sale revenue [Member] | Product Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Percentage of revenue	8.00%	8.00%	8.00%	8.00%
SaaS [Member]
Disaggregation of Revenue [Line Items]
Total subscription revenue	$ 13,112	$ 8,725	$ 34,843	$ 22,869
SaaS [Member] | Sale revenue [Member] | Product Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Percentage of revenue	24.00%	22.00%	24.00%	21.00%

Revenue Recognition - Summary_2

Revenue Recognition - Summary of Revenue by Region Based on The Shipping Address of Customers as Follows (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Total subscription revenue	$ 53,703	$ 38,886	$ 147,447	$ 108,138
Revenue Benchmark [Member] | Geographic Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Percentage of revenue	100.00%	100.00%	100.00%	100.00%
UNITED STATES
Disaggregation of Revenue [Line Items]
Total subscription revenue	$ 33,769	$ 24,924	$ 92,453	$ 69,429
UNITED STATES | Revenue Benchmark [Member] | Geographic Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Percentage of revenue	63.00%	64.00%	63.00%	64.00%
ISRAEL
Disaggregation of Revenue [Line Items]
Total subscription revenue	$ 1,049	$ 726	$ 3,107	$ 2,020
ISRAEL | Revenue Benchmark [Member] | Geographic Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Percentage of revenue	2.00%	2.00%	2.00%	2.00%
Rest of world [Member]
Disaggregation of Revenue [Line Items]
Total subscription revenue	$ 18,885	$ 13,236	$ 51,887	$ 36,689
Rest of world [Member] | Revenue Benchmark [Member] | Geographic Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Percentage of revenue	35.00%	34.00%	35.00%	34.00%

Revenue Recognition - Summary_3

Revenue Recognition - Summary of Table Represents a Rollforward of Deferred Contract Acquisition Costs (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Deferred Policy Acquisition Costs Disclosures [Abstract]
Beginning balance	$ 10,476	$ 6,434	$ 8,196	$ 5,989
Additions to deferred contract acquisition costs	2,749	1,303	7,113	3,088
Amortization of deferred contract acquisition costs	(1,184)	(754)	(3,268)	(2,094)
Ending balance	12,041	6,983	12,041	6,983
Deferred contract acquisition costs (to be recognized in next 12 months)	4,491	2,864	4,491	2,864	$ 3,247
Deferred contract acquisition costs, noncurrent	7,550	4,119	7,550	4,119	4,949
Total deferred contract acquisition costs	$ 12,041	$ 6,983	$ 12,041	$ 6,983	$ 8,196

Short-Term Investments - Summar

Short-Term Investments - Summary of Short Term Investments (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Schedule of short term investments [Line Items]
Available-for-sale Securities, Amortized Cost Basis, Total	$ 317,884	$ 433,664
Gross unrealized gains	7	46
Gross unrealized losses	(115)	(115)
Estimated fair value	317,776	433,595
Bank deposits [Member]
Schedule of short term investments [Line Items]
Available-for-sale Securities, Amortized Cost Basis, Total	83,605	133,386
Estimated fair value	83,605	133,386
Certificates of deposit [Member]
Schedule of short term investments [Line Items]
Available-for-sale Securities, Amortized Cost Basis, Total	252	10,802
Gross unrealized gains	0	20
Gross unrealized losses	0	(1)
Estimated fair value	252	10,821
Commercial paper [Member]
Schedule of short term investments [Line Items]
Available-for-sale Securities, Amortized Cost Basis, Total	46,832	34,150
Gross unrealized gains	3	3
Gross unrealized losses	(9)	(2)
Estimated fair value	46,826	34,151
Corporate debt securities [Member]
Schedule of short term investments [Line Items]
Available-for-sale Securities, Amortized Cost Basis, Total	108,566	128,694
Gross unrealized gains	2	11
Gross unrealized losses	(79)	(82)
Estimated fair value	108,489	128,623
Municipal securities [Member]
Schedule of short term investments [Line Items]
Available-for-sale Securities, Amortized Cost Basis, Total	53,873	54,238
Gross unrealized gains	1	7
Gross unrealized losses	(20)	(12)
Estimated fair value	53,854	54,233
Government and agency debt [Member]
Schedule of short term investments [Line Items]
Available-for-sale Securities, Amortized Cost Basis, Total	24,756	72,394
Gross unrealized gains	1	5
Gross unrealized losses	(7)	(18)
Estimated fair value	24,750	72,381
Marketable securities [Member]
Schedule of short term investments [Line Items]
Available-for-sale Securities, Amortized Cost Basis, Total	234,279	300,278
Gross unrealized gains	7	46
Gross unrealized losses	(115)	(115)
Estimated fair value	$ 234,171	$ 300,209

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Fair Value, by Balance Sheet Grouping (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	$ 38,951	$ 111,080
Total financial assets	38,951	111,080
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	1,000	274
Total financial assets	319,935	434,617
Total financial liabilities	107	16
Level 2 | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	317,776	433,595
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	39,951	111,354
Total financial assets	358,886	545,697
Total financial liabilities	107	16
Fair Value | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	317,776	433,595
Prepaid Expenses and Other Current Assets [Member] | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Restricted bank deposits included in assets	787	14
Prepaid Expenses and Other Current Assets [Member] | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Restricted bank deposits included in assets	787	14
Prepaid Expenses and Other Current Assets [Member] | Designated as Hedging Instrument [Member] | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	105	468
Prepaid Expenses and Other Current Assets [Member] | Designated as Hedging Instrument [Member] | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	105	468
Prepaid Expenses and Other Current Assets [Member] | Not Designated as Hedging Instrument [Member] | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	18	2
Prepaid Expenses and Other Current Assets [Member] | Not Designated as Hedging Instrument [Member] | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	18	2
Accrued Expenses And Other Current Liabilites [Member] | Designated as Hedging Instrument [Member] | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign Currency Contracts, Liability, Fair Value Disclosure	103	16
Accrued Expenses And Other Current Liabilites [Member] | Designated as Hedging Instrument [Member] | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign Currency Contracts, Liability, Fair Value Disclosure	103	16
Accrued Expenses And Other Current Liabilites [Member] | Not Designated as Hedging Instrument [Member] | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign Currency Contracts, Liability, Fair Value Disclosure	4
Accrued Expenses And Other Current Liabilites [Member] | Not Designated as Hedging Instrument [Member] | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign Currency Contracts, Liability, Fair Value Disclosure	4
Bank deposits | Level 2 | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	83,605	133,386
Bank deposits | Fair Value | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	83,605	133,386
Money market funds | Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	38,951	111,080
Money market funds | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	38,951	111,080
Certificates of deposit | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents		274
Certificates of deposit | Level 2 | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	252	10,821
Certificates of deposit | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents		274
Certificates of deposit | Fair Value | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	252	10,821
Commercial paper | Level 2 | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	46,826	34,151
Commercial paper | Fair Value | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	46,826	34,151
Corporate debt securities | Level 2 | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	108,489	128,623
Corporate debt securities | Fair Value | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	108,489	128,623
Municipal securities | Level 2 | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	53,854	54,233
Municipal securities | Fair Value | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	53,854	54,233
Government and agency debt | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	1,000
Government and agency debt | Level 2 | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	24,750	72,381
Government and agency debt | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	1,000
Government and agency debt | Fair Value | Short-term Investments
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	24,750	72,381
Other Noncurrent Assets [Member] | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Restricted bank deposits included in assets	249	264
Other Noncurrent Assets [Member] | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Restricted bank deposits included in assets	$ 249	$ 264

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - Level 3 - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total financial assets	$ 0	$ 0
Total financial liabilities	$ 0	$ 0

Derivative Financial Instrume_3

Derivative Financial Instruments and Hedging - Disclosure of Notional Amount of Derivatives By Hedging Designation (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Derivatives, Fair Value [Line Items]
Total derivative instruments	$ 25,658	$ 11,494
Foreign currency contracts [Member] | Derivatives designated as hedging instruments [Member]
Derivatives, Fair Value [Line Items]
Total derivative instruments	22,190	10,264
Foreign currency contracts [Member] | Derivatives not designated as hedging instruments [Member]
Derivatives, Fair Value [Line Items]
Total derivative instruments	$ 3,468	$ 1,230

Derivative Financial Instrume_4

Derivative Financial Instruments and Hedging - Derivative Instruments, Gain (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Derivatives designated as hedging instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total gains (losses) recognized in earnings	$ 139	$ 377	$ 387	$ 339
Derivatives not designated as hedging instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total gains (losses) recognized in earnings	75	5	144	115
Foreign Currency Contracts [Member] | Subscription–self-managed and SaaS [Member] | Derivatives designated as hedging instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total gains (losses) recognized in earnings	12	31	33	28
Foreign Currency Contracts [Member] | Research and development [Member] | Derivatives designated as hedging instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total gains (losses) recognized in earnings	80	199	212	179
Foreign Currency Contracts [Member] | Sales and marketing [Member] | Derivatives designated as hedging instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total gains (losses) recognized in earnings	19	71	59	64
Foreign Currency Contracts [Member] | General and administrative [Member] | Derivatives designated as hedging instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total gains (losses) recognized in earnings	28	76	75	68
Foreign Currency Contracts [Member] | Interest and other income, net [Member] | Derivatives designated as hedging instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total gains (losses) recognized in earnings	0	0	8	0
Foreign Currency Contracts [Member] | Interest and other income, net [Member] | Derivatives not designated as hedging instruments [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Total gains (losses) recognized in earnings	$ 75	$ 5	$ 144	$ 115

Condensed Consolidated Balanc_5

Condensed Consolidated Balance Sheet Components - Summary of Property and Equipment (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 12,840	$ 9,335
Less: accumulated depreciation and amortization	(6,419)	(4,372)
Property and equipment, net	6,421	4,963
Computer and software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	5,958	4,079
Furniture and office equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	2,100	1,495
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 4,782	$ 3,761

Condensed Consolidated Balanc_6

Condensed Consolidated Balance Sheet Components - Summary of Accrued Expenses and Other Current Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Balance Sheet Related Disclosures [Abstract]
Accrued compensation and benefits	$ 14,453	$ 8,799
Withholding tax from employee equity transactions to be remitted to tax authorities	240	9,186
Accrued expenses	4,945	3,054
Accrued expenses and other current liabilities	$ 19,638	$ 21,039

Business Combinations - Additio

Business Combinations - Additional Information (Detail) $ in Thousands	Jul. 19, 2021USD ($)Installmentshares	Aug. 31, 2021USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)
Business Combination [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired				$ 195,752	$ 0
Goodwill, Acquired During Period				230,456
Vdoo Connected Trust Ltd. [Member]
Business Combination [Line Items]
Business acquistion percentage of voting capital obtained	100.00%
Business acquisition total purchase consideration	$ 299,300
Business combination, Consideration transferred, Equity interests issued and issuable	$ 81,800
Retention bonus payment period | Installment	3
RSU service period	4 years
Payments to acquire business	$ 217,500
Business combination purchase consideration settled through share issue | shares	1,823,266
Business combination holdback agreements additional shares issuable | shares	110,932
Business Combination Retention Bonus	$ 10,000
Business combination total cash payments under holdback agreements	13,200
Vdoo Connected Trust Ltd. [Member] | Restricted Stock Units (RSUs) [Member]
Business Combination [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned	$ 30,000
Upswift Ltd [Member]
Business Combination [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 9,500
Identified intangible asset		4,300
Goodwill, Acquired During Period		5,800
Net liabilities assumed		$ 600
Maximum [Member] | Vdoo Connected Trust Ltd. [Member]
Business Combination [Line Items]
Holdback Release Period	2 years
Minimum [Member] | Vdoo Connected Trust Ltd. [Member]
Business Combination [Line Items]
Holdback Release Period	1 year
General and Administrative Expense [Member] | Vdoo Connected Trust Ltd. [Member]
Business Combination [Line Items]
Business Combination, Acquisition Related Costs			$ 300	$ 700

Business Combinations - Summary

Business Combinations - Summary of fair value of assets acquired and liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jul. 19, 2021	Dec. 31, 2020
Business Combination [Line Items]
Goodwill	$ 247,776		$ 17,320
Vdoo Connected Trust Ltd. [Member]
Business Combination [Line Items]
Cash and cash equivalent		$ 31,240
Other current assets		943
Intangible assets		45,500
Goodwill		224,673
Other noncurrent assets		2,692
Total assets acquired		305,048
Current liabilites		4,272
Noncurrent liabilities		1,501
Total liabilities assumed		5,773
Total Purchase Consideration		$ 299,275

Business Combination - Summary

Business Combination - Summary of Components of Identifiable Intangible Assets Acquired and their Estimated Useful Lives (Details) - Vdoo Connected Trust Ltd. [Member] $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)
Developed Technology Rights [Member]
Business Combination [Line Items]
Useful Life	5 years
Customer Relationships [Member]
Business Combination [Line Items]
Useful Life	6 years
Portion At Fair Value Disclosure [Member]
Business Combination [Line Items]
Intangible assets acquired	$ 45,500
Portion At Fair Value Disclosure [Member] | Developed Technology Rights [Member]
Business Combination [Line Items]
Intangible assets acquired	41,300
Portion At Fair Value Disclosure [Member] | Customer Relationships [Member]
Business Combination [Line Items]
Intangible assets acquired	$ 4,200

Business Combination - Summar_2

Business Combination - Summary of Unaudited Pro Forma Information (Details) - Vdoo Connected Trust Ltd. [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Business Combination [Line Items]
Revenue	$ 53,795	$ 39,293	$ 148,588	$ 109,096
Net loss	$ 22,895	$ 15,699	$ 67,244	$ 36,008

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets, Net - Summary of changes in goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, Beginning Balance	$ 17,320
Addition from acquisition	230,456
Goodwill, Ending Balance	$ 247,776

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets, Net - Summary of Intangible Assets (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Intangible Assets [Line items]
Gross Fair Value	$ 57,474	$ 7,642
Accumulated Amortization	(6,639)	(3,595)
Net Book Value	50,835	4,047
Developed technology [Member]
Intangible Assets [Line items]
Gross Fair Value	50,347	4,856
Accumulated Amortization	(4,417)	(2,064)
Net Book Value	$ 45,930	$ 2,792
Weighted- Average Remaining Useful Life	4 years 7 months 6 days	3 years 8 months 12 days
Customer relationships [Member]
Intangible Assets [Line items]
Gross Fair Value	$ 5,541	$ 1,200
Accumulated Amortization	(661)	(367)
Net Book Value	$ 4,880	$ 833
Weighted- Average Remaining Useful Life	5 years 4 months 24 days	4 years 2 months 12 days
Other intangible assets [Member]
Intangible Assets [Line items]
Gross Fair Value	$ 1,586	$ 1,586
Accumulated Amortization	(1,561)	(1,164)
Net Book Value	$ 25	$ 422
Weighted- Average Remaining Useful Life	1 month 6 days	9 months 18 days

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets, Net - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Intangible Assets [Line items]
Amortization expenses for intangible assets	$ 2.3	$ 0.4	$ 3	$ 1.2

Goodwill and Intangible Asset_6

Goodwill and Intangible Assets, Net - Summary of Expected Future Amortization Expenses by Year Related to the Intangible Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021 (Remainder)	$ 2,867
2022	11,365
2023	11,291
2024	10,590
2025	9,110
Thereafter	5,612
Net Book Value	$ 50,835	$ 4,047

Leases - Components of Operatin

Leases - Components of Operating Lease Expense (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021
Lease, Cost [Abstract]
Operating lease cost	$ 1,742	$ 4,407
Short-term lease cost	29	93
Variable lease cost	90	285
Total operating lease cost	$ 1,861	$ 4,785

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2021	Jan. 01, 2021
Lessee, Lease, Description [Line Items]
Operating Leases, Rent Expense, Net	$ 900	$ 3,000
Operating Lease, Weighted Average Remaining Lease Term			4 years 1 month 6 days
Operating Lease, Weighted Average Discount Rate, Percent			0.90%
Operating Lease, Liability			$ 28,035	$ 22,100

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information related to Operating Lease (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)
Leases [Abstract]
Cash paid for operating leases	$ 4,016
ROU assets obtained in exchange for new operating lease liabilities	2,653
Adjustment to ROU assets upon modification of existing lease	$ 4,588

Leases - Schedule of Maturities

Leases - Schedule of Maturities of Operating Lease Liabilities - Schedule of Maturities of Operating Lease Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Jan. 01, 2021
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2021 (Remainder)	$ 1,640
2022	7,296
2023	7,038
2024	6,012
2025	4,804
Thereafter	1,755
Total operating lease payments	28,545
Less: imputed interest	(510)
Total operating lease liabilities	$ 28,035	$ 22,100

Leases - Schedule of Minimum Le

Leases - Schedule of Minimum Lease Payments Under Operating Leases (Detail) $ in Thousands	Dec. 31, 2020USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2021	$ 5,475
2022	5,931
2023	5,429
2024	4,607
2025	3,389
Thereafter	803
Total	$ 25,634

Commitments and Contingencies -

Commitments and Contingencies - Summary of Outstanding Non-cancelable Purchase Obligations (Detail) $ in Thousands	Sep. 30, 2021USD ($)
Commitments and Contingencies Disclosure [Abstract]
2021 (Remainder)	$ 335
2022	14,013
2023	25,616
2024	18,000
2025	29,658
Total	$ 87,622

Commitments and Contingencies_2

Commitments and Contingencies - Additional Information (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)
Grants [Member] | Israeli Innovation Authority [Member]
Maximum additional payments as a grant recipient	$ 6

Shareholders' Equity and Equi_3

Shareholders' Equity and Equity Incentive Plans - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Jan. 01, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Number of shares options granted during period				30,000
Total intrinsic value of options exercised				$ 103,916	$ 33,100
Unrecognized share-based compensation cost		$ 183,600		$ 183,600
Unrecognized share based compensation cost expected to be recognised period				3 years 4 months 24 days
Share-based compensation expense		$ 16,857	$ 9,660	$ 42,711	$ 14,399
2020 Plan [Member]
Share-based payment arrangement, increase of authorized shares	5,307,818
Employee Share Purchase Plan [Member]
Share-based payment arrangement, increase of authorized shares	922,570
Number of shares purchased				94,638
Employee Stock Option [Member]
Weighted average grant date fair value of options granted			$ 19.26	$ 42	$ 15.46
Number of shares options granted during period		0
Restricted Stock Units (RSUs) [Member]
Fair value of RSU				$ 1,300	$ 6,100

Shareholders' Equity and Equi_4

Shareholders' Equity and Equity Incentive Plans - Summary of Stock Option Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Outstanding Share Options, Beginning balance	13,075,489
Outstanding Share Options, Granted	30,000
Outstanding Share Options, Exercised	(2,042,126)
Outstanding Share Options, Forfeited	(487,155)
Outstanding Share Options, Ending balance	10,576,208		13,075,489
Outstanding Share Options, Exercisable	5,616,757
Weighted Average Exercise Price Per Share, Beginning balance	$ 6.50
Weighted Average Exercise Price Per Share, Granted	65.96
Weighted Average Exercise Price Per Share, Exercised	2.33
Weighted Average Exercise Price Per Share, Forfeited	15.12
Weighted Average Exercise Price Per Share, Ending balance	7.08		$ 6.50
Weighted Average Exercise Price Per Share, Exercisable	$ 3.48
Weighted Average Remaining Contractual Life	6 years 2 months 12 days		6 years 9 months 18 days
Weighted Average Remaining Contractual Life, Exercisable	4 years 10 months 24 days
Aggregate Intrinsic Value, Beginning balance	$ 736,478
Aggregate Intrinsic Value, Exercised	103,916	$ 33,100
Aggregate Intrinsic Value, Ending balance	280,285		$ 736,478
Aggregate Intrinsic Value, Exercisable	$ 168,670

Shareholders' Equity and Equi_5

Shareholders' Equity and Equity Incentive Plans - Summary of Restricted Ordinary Shares (Detail) - Restricted Stock [Member]	9 Months Ended
	Sep. 30, 2021$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested RSUs, Beginning balance | shares	818,945
Unvested RSUs, Granted | shares	3,113,825
Unvested RSUs, Vested | shares	(33,373)
Unvested RSUs, Canceled/Forfeited | shares	(268,395)
Unvested RSUs, Ending balance | shares	3,631,002
Weighted Average Grant Date Fair Value Per Share, Beginning balance | $ / shares	$ 48.38
Weighted Average Grant Date Fair Value Per Share, Granted | $ / shares	47.85
Weighted Average Grant Date Fair Value Per Share, Vested | $ / shares	59.40
Weighted Average Grant Date Fair Value Per Share, Canceled/Forfeited | $ / shares	57.75
Weighted Average Grant Date Fair Value Per Share, Ending balance | $ / shares	$ 47.13

Shareholders' Equity and Equi_6

Shareholders' Equity and Equity Incentive Plans - Summary of Ordinary Shares Reserved for Future Issuance (Detail)	Sep. 30, 2021shares
Class of Stock [Line Items]
Common Stock Reserved for Future Issuance	30,179,749
2020 Plan [Member]
Class of Stock [Line Items]
Common Stock Reserved for Future Issuance	12,883,849
Employee Stock Purchase Plan [Member]
Class of Stock [Line Items]
Common Stock Reserved for Future Issuance	2,927,932
Employee Stock Option [Member]
Class of Stock [Line Items]
Common Stock Reserved for Future Issuance	10,576,208
Restricted Stock [Member]
Class of Stock [Line Items]
Common Stock Reserved for Future Issuance	3,631,002
Ordinary Shares [Member]
Class of Stock [Line Items]
Common Stock Reserved for Future Issuance	160,758

Shareholders' Equity and Equi_7

Shareholders' Equity and Equity Incentive Plans - Summary of Stock-based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 16,857	$ 9,660	$ 42,711	$ 14,399
Cost of revenue [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	1,180	327	2,766	666
Research and development [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	4,547	1,086	9,056	2,782
Sales and marketing [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	4,307	1,263	10,552	3,033
General and administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 6,823	$ 6,984	$ 20,337	$ 7,918

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Summary of Changes In AOCI (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Changes in Accumulated Other Comprehensive Income [Line items]
Beginning Balance			$ 372	$ 35
Other comprehensive income (loss) before reclassifications			(88)	632
Net realized losses (gains) reclassified from AOCI			(391)	(328)
Other comprehensive income (loss)	$ (116)	$ (450)	(479)	304
Ending Balance	(107)	339	(107)	339
Net Unrealized Gains (losses) on Available-for-Sale Marketable Securities [Member]
Changes in Accumulated Other Comprehensive Income [Line items]
Beginning Balance			(69)	35
Other comprehensive income (loss) before reclassifications			(35)	66
Net realized losses (gains) reclassified from AOCI			(4)	11
Other comprehensive income (loss)			(39)	77
Ending Balance	(108)	112	(108)	112
Net Unrealized Gains on Derivatives Designated as Hedging Instruments [Member]
Changes in Accumulated Other Comprehensive Income [Line items]
Beginning Balance			441	0
Other comprehensive income (loss) before reclassifications			(53)	566
Net realized losses (gains) reclassified from AOCI			(387)	(339)
Other comprehensive income (loss)			(440)	227
Ending Balance	$ 1	$ 227	$ 1	$ 227

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Provision for income taxes	$ (432)	$ 250	$ (3,525)	$ 1,053
Income Tax Examination, Years under Examination			2015 2016 2017 2018
Tax benefit associated with acquisitions	400		$ 400
Unrecognized tax benefits	$ 4,100		4,100		$ 2,700
Unrecognized tax benefit increase in current year tax positions			$ 1,400

Net Loss Per Share Attributab_3

Net Loss Per Share Attributable to Ordinary Shareholders - Summary of Computation of Basic and Diluted Net Loss Per Share Attributable to Ordinary Shareholders (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Numerator:
Net loss	$ (20,464)	$ (5,265)	$ (41,508)	$ (5,691)
Denominator:
Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted	95,707,062	37,515,828	94,028,537	31,359,164
Net loss per share attributable to ordinary shareholders, basic and diluted	$ (0.21)	$ (0.14)	$ (0.44)	$ (0.18)

Net Loss Per Share Attributab_4

Net Loss Per Share Attributable to Ordinary Shareholders - Summary of Shares Excluded From the Computation of Diluted Net Loss Per Share Attributable to Ordinary Shareholders (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from computation of diluted net loss per share	14,155,150	59,308,732	13,771,266	63,516,144
Convertible preferred shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from computation of diluted net loss per share	0	44,706,827	0	49,593,474
Outstanding share options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from computation of diluted net loss per share	10,810,724	14,212,886	11,577,203	13,636,488
Unvested RSUs [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from computation of diluted net loss per share	3,071,760	208,137	1,994,319	69,886
Share purchase rights under the ESPP [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from computation of diluted net loss per share	102,202	0	65,603	0
Issuable ordinary shares related to business combination [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from computation of diluted net loss per share	170,464	180,882	134,141	216,296