Coverity
Date | Investors | Amount | Round |
---|---|---|---|
$22.0m | Series A | ||
$375m Valuation: $375m | Acquisition | ||
Total Funding | €20.0m |
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EditCoverity, a part of Synopsys, Inc., specializes in providing advanced software integrity solutions that enhance code quality and security for enterprises. Operating primarily in the software development and cybersecurity markets, Coverity serves a diverse range of clients including large enterprises, government agencies, and technology firms. The company’s core product is a static analysis tool that identifies and resolves software defects and vulnerabilities early in the development lifecycle, thereby reducing the risk of security breaches and improving overall software reliability. Coverity’s business model revolves around a subscription-based service, where clients pay for access to its suite of tools and support services. Revenue is generated through these subscriptions, as well as through professional services such as training and consulting. By focusing on early defect detection and comprehensive security analysis, Coverity helps organizations minimize costly post-release fixes and enhance their software development processes.
Keywords: software integrity, code quality, security, static analysis, defect detection, cybersecurity, enterprises, subscription-based, software development, vulnerability management.