Inc. Magazine Honors Coverity on the 2013 Inc. 500|5000 List

SAN FRANCISCO, Sept. 3, 2013 /PRNewswire/ -- Coverity, Inc., the leader in development testing, today announced it has been awarded a place on the 2013 Inc. 500|5000 list of the fastest growing companies in America.

"It's an honor for Coverity to earn a place on this list for a third year in a row," said Anthony Bettencourt, chairman and chief executive officer for Coverity. "As the world becomes increasingly software-driven, development testing is now an industry best practice to ensure reliable, high-quality, secure software code. Coverity has pioneered the development testing space and is therefore well positioned for growth. We remain focused on enabling companies of all sizes and in all industries to deliver their products and service faster, at lower cost, while mitigating the risk of brand-damaging software failures or security breaches."

Coverity enables organizations to build quality and security testing into the software development process at the earliest possible stage, for fast, efficient delivery of high-quality software. The Coverity Development Testing Platform automatically tests software source code for defects that could lead to product crashes, unexpected behaviors, security breaches or catastrophic failures. This proactive, automated testing solution provides companies with accelerated time-to-market, enhanced customer satisfaction, increased revenues, reduced costs and lower risk of software failures and security breaches.

The Inc. 5000 is an annual list of the 5000 fastest-growing private companies in the U.S., which is ranked according to percentage revenue growth over a four-year period. For the 2013 Inc. 5000, the median company on the list increased sales more than 140 percent since the start of 2010, while the average company on the list grew 468 percent.

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.