About Coverity
Coverity is a company based in San Francisco (United States) founded in 2002 was acquired by Synopsys in February 2014.. Coverity has raised $22 million across 1 funding round from investors including Synopsys, Foundation Capital and Benchmark. Coverity has completed 1 acquisition, including Black Duck. Coverity operates in a competitive market with competitors including Checkmarx, Bugcrowd, Synack, Veracode and WhiteHat Security, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Synopsys, Inc
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Software Development Team
272 people
Leadership Team
91 people
Senior Team
68 people
Sales and Marketing
65 people
Product Management Team
62 people
Creative and Marketing Team
49 people
R Team
47 people
Staff Team
40 people
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Funding Insights of Coverity
Coverity has successfully raised a total of $22M through 1 strategic funding round. The most recent funding activity was a Series A round of $22 million completed in February 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $22.0M
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First Round
First Round
(01 Feb 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2008 | Amount | Series A - Coverity | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Coverity
Coverity has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Synopsys, Foundation Capital and Benchmark. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investments are offered to promising startups.
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Founded Year | Domain | Location | |
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Electronic design automation solutions are provided for semiconductor systems.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Coverity
Coverity has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Black Duck. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based software testing and security services are provided.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Coverity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Coverity Comparisons
Competitors of Coverity
Coverity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Checkmarx, Bugcrowd, Synack, Veracode and WhiteHat Security, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Security testing software is provided for code vulnerability detection.
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| domain | founded_year | HQ Location |
Crowdsourced penetration testing for web applications is provided.
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| domain | founded_year | HQ Location |
Crowdsourced vulnerability discovery and security testing are provided via platform.
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| domain | founded_year | HQ Location |
AI-powered testing software for securing applications is offered.
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| domain | founded_year | HQ Location |
Web application security testing and vulnerability management are provided.
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| domain | founded_year | HQ Location |
Application security is delivered via a cloud-based developer platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Coverity
Frequently Asked Questions about Coverity
When was Coverity founded?
Coverity was founded in 2002 and raised its 1st funding round 6 years after it was founded.
Where is Coverity located?
Coverity is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Coverity a funded company?
Coverity is a funded company, having raised a total of $22M across 1 funding round to date. The company's 1st funding round was a Series A of $22M, raised on Feb 01, 2008.
What does Coverity do?
Coverity is an intelligent code and test analysis tool for application developers which enables them to collaborate and share information across the team and provides real-time analysis on code quality and security issues. It combines with NTO to provide IAST. Claims to have over 1100 customers including Raytheon, Siemens, Samsung, EA, Barclays, and more. In June 2008, the company acquired Solidware Technologies which in turn was acquired by Synopsys, an electronic design automation company for approximately 350 million.
Who are the top competitors of Coverity?
How many acquisitions has Coverity made?
Coverity has made 1 acquisition, including Black Duck.
Who are Coverity's investors?
Coverity has 3 investors. Key investors include Synopsys, Foundation Capital, and Benchmark.
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