Coverity Appoints Chief Revenue Officer

SAN FRANCISCO, May 14, 2012 /PRNewswire/ -- Coverity, Inc., the leader in development testing, announced today the appointment of Matt Green as Chief Revenue Officer. Matt brings over twenty five years of expertise in enterprise software field operations where he has led several companies through rapid growth and profitability. At Coverity, he will be responsible for all facets of revenue generation and field operations for the worldwide sales team and channel partners, as well as continue to build on Coverity's record results in fiscal year 2011 and the first half of fiscal year 2012 as the Company further extends its leadership position in the development testing market.

Prior to Coverity, Green served as Executive Vice President of Sales and Services at Framehawk, a leading enterprise software platform for the secure development and deployment of enterprise applications for mobile devices. Prior to Framehawk, Green served as President of Worldwide Sales at BEA Systems. During his tenure at BEA Systems, Green was responsible for the company's revenue plan worldwide, managing all global field operations including sales, channels, systems engineers, sales support, field marketing and sales operations. Green was instrumental in leading BEA Systems through its successful IPO in 1997 and growing annual revenue from less than $100 million to over $1 billion until its acquisition by Oracle Corporation in 2008 for approximately $8.5 billion. Green has also held executive sales and field operations leadership positions at Cassatt Corporation, Walker Interactive Systems, McDonnell Douglas Information Systems Group and Burroughs Corporation.

"We have assembled a seasoned executive team with a proven track record leading and scaling enterprise software companies," said Anthony Bettencourt, Chief Executive Officer at Coverity. "With the addition of Matt, we have rounded out our executive team, and with his experience and leadership, we are well poised to continue our rapid growth into the future. I look forward to working with Matt."

About Coverity
Coverity (www.coverity.com), 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. Coverity is funded by Foundation Capital and Benchmark Capital. Follow us on Twitter or check out our blog.

SOURCE Coverity