SAN FRANCISCO, Oct. 26, 2012 /PRNewswire/ -- Coverity, the development testing leader, today announced it has been ranked #86 on the San Francisco Business Times Top 100 Fastest-Growing Private Companies in the Bay Area, with 67.9 percent revenue growth from 2009 to 2011. The San Francisco Business Times Top 100 is an annual ranking of the fastest growing private companies in the Bay Area.
"Organizations are rapidly adopting development testing as a way to accelerate time to market, increase customer satisfaction and reduce the risk of software quality and security issues, as evidenced by our record revenue growth," said Anthony Bettencourt, Chief Executive Officer of Coverity. "We are honored to be placed on this list for the second consecutive year and to be recognized alongside a distinguished list of high growth Bay Area companies. We look forward to continuing this momentum."
The San Francisco Business Times is a print and online newspaper covering businesses headquartered in San Francisco, Oakland, the East Bay and Marin. Its primary coverage areas include health care, banking, insurance, real estate, green business and technology.
The full San Francisco Business Times 2012 Top 100 Fastest-Growing Private Companies in the Bay Area list was published in a special supplement to the publication's October 26, 2012 issue.
Coverity, Inc., (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.