Overview

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Status
Acquired by on February 19, 2014
Total Equity Funding
$22M in 1 Round from 2 Investors
Headquarters:
San Francisco, California
Description:
Coverty offers development testing solutions that are used to find defects and security vulnerabilities in source codes.
Founders:
,
Categories:
Security, Enterprise Software, Open Source
Website:
http://www.coverity.com
Social:

Company Details

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Coverity, the development testing leader, is the trusted standard for companies that need to protect their brands and bottom lines from software failures. More than 1,100 Coverity customers use Coverity's development testing suite of products to automatically test source code for software defects that could lead to product crashes, unexpected behavior, security breaches, or catastrophic failure. Coverity is a privately held company headquartered in San Francisco, with offices in Boston, Calgary, London, Munich, Paris, Amsterdam and Tokyo, with more than 240 employees worldwide. Coverity is funded by Foundation Capital and Benchmark Capital.

Founded in the Computer Systems Laboratory at Stanford University in Palo Alto, California, Coverity invented a fundamentally different way to test complex source code to find hard to spot, yet critical software defects in a solution that was consumable for commercial use. Since its inception in 2003, Coverity has cemented its leadership position in the industry with its flagship offering, Coverity® Static Analysis, and has expanded its product portfolio to include a suite of additional capabilities as part of its development testing platform.

Over 1,100 of the world's largest brands, including Honeywell, NEC, BAE Systems, Juniper Networks, BMC Software, Samsung, France Telecom, Sega, and Schneider Electric rely on Coverity to help ensure the quality, safety and security of their products and services. Industry leading companies use Coverity to help them sustain competitive advantage, customer satisfaction, and innovation by delivering high quality products to market, including:

10 of the Top 10 Diversified Electronics Manufacturers 10 of the Top 10 Mobile and Telecommunications Device Manufacturers 7 of the Top 10 Aerospace and Defense Companies 6 of the Top 10 Software Companies Coverity currently has over five billion lines of source code under management and is the development testing gate to over 11 billion devices shipping in the market today.

Funding Rounds (1) - $22M

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DateAmount / RoundValuationLead InvestorInvestors
Feb, 2008$22M / Series A2

Investors (2)

Acquisitions (3)

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DateAcquiredAmount
Jun 1, 2014Cash & Stock
Jun 30, 2008Unknown
May 27, 2008Unknown

Current Team (4)

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Competitors (5)

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  • Fortify Software offers security assurance solutions that address the threats posed by security flaws in business-critical software apps.
  • Klocwork offers tools that enable developers to create secure and reliable software.
  • Ounce Labs delivers source code vulnerability analysis solutions to eliminate business risk caused by software security vulnerabilities.
  • Parasoft helps organizations deliver defect-free software efficiently through service virtualization, API testing, and development testing.
  • Veracode provides cloud-based app intelligence and security verification services to protect critical data across software supply chains

Offices/Locations (1)

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  • HQ

    185 Berry Street

    Suite 6500

    San Francisco, California 94107

    United States

Past Team (26)

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Images (2)

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