Coverity Named to JMP Securities Hot 100 List of Best Privately Held Software Companies

SAN FRANCISCO, Aug. 8, 2013 /PRNewswire/ -- Coverity, Inc., the leader in development testing, today announced it has been named to the JMP Securities Hot 100 List of Best Privately Held Software Companies. JMP Securities, a full-service investment bank, and its software research team honored 100 of the leading private companies throughout various sectors of the software industry.

The Coverity^® Development Testing Platform enables software development organizations to unify quality and security testing with an integrated, developer-ready solution. The platform, which is built on the award-winning Coverity SAVE^® static analysis verification engine, enables organizations to automatically test source code for software defects that could lead to product crashes, unexpected behavior, security breaches or catastrophic system failures.

"It's an honor for Coverity to earn a place on this list for a second year in a row," said Anthony Bettencourt, chairman and chief executive officer for Coverity. "Development testing is now an industry best practice for all organizations that develop software-enabled products and services. Our technology has become a critical part of the software development lifecycle for some of the world's largest companies, helping them deliver high-quality, secure software, faster, at lower cost - and with a lower risk of brand-damaging software failures or security breaches."

About Coverity
Coverity, Inc., (www.coverity.com), the leader in development testing, 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 platform 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.

Coverity and Coverity SAVE are registered trademarks of Coverity, Inc. All other marks are the property of their respective owners.

SOURCE Coverity, Inc.