Anthony Bettencourt Named Coverity CEO and Chairman of the Board

November 22, 2010

SAN FRANCISCO, Nov. 22, 2010 /PRNewswire/ — Coverity, the software integrity leader, today announced Anthony Bettencourt as chief executive officer, president and chairman of the board. Seth Hallem, Coverity founder and CEO, will serve on the board of directors and as a strategy and technology advisor to Bettencourt and the company.

Anthony Bettencourt has over twenty-five years of experience building fast-growth, market leading technology companies. Prior to Coverity, Bettencourt served as the chief executive officer of Verity Inc., a leader in enterprise search, and led the company through its acquisition by Autonomy Corp. plc in 2005. After which, Bettencourt served successively as the CEO of Autonomy, Inc, CEO of Autonomy ZANTAZ and the CEO of Autonomy Interwoven through 2009.

Bettencourt currently serves as the non-executive chairman of the board of directors of Blinkx, Inc., an Internet video search engine and also serves on the board of directors of CrownPeak, NetBase Solutions, and Next Page.

“Coverity is leading the software integrity movement, delivering unprecedented visibility and clarity into the safety, security, and quality of the software that Global 2000 brands are shipping in their products,” said Bettencourt, CEO and Chairman of Coverity. “I am honored to have Seth pass the torch to me and look forward to contributing to Coverity’s continued growth, market momentum and the mission of improving the integrity of the software that runs our businesses and our lives.”

“Anthony has the perfect mix of seasoned experience, spirit, and passion to lead Coverity and our people to the next stage of growth and success,” said Seth Hallem, co-founder and former CEO of Coverity. “The last eight years of my life have been invested in building Coverity from scratch in the labs of Stanford to the recognized leader in software integrity, static analysis, and code testing. I thank all of the great Coverity people and each and every customer who invested in Coverity and our products, and look forward to seeing the company continue to grow and deliver on our software integrity vision.”

In 2005, Bettencourt was awarded the Ernst & Young Entrepreneur of the Year award for Technology & Software, Northern California Region. Mr. Bettencourt earned a B.A. in English from Santa Clara University.

Software Integrity

Software integrity is an indicator of the risk created by software defects altering the expected behavior, safety, performance or security of products and services. Coverity provides developers with the capability to test, find and fix defects before release. Coverity provides executives with visibility into the integrity of the software they are shipping in their products and services, including software provided from third party providers and open source.

About Coverity

Coverity (www.coverity.com), the software integrity leader, is the trusted standard for companies that have a zero-tolerance policy for software failures. Coverity’s award-winning software integrity products discover software defects in development before they can impact the business. More than 1,000 companies rely on Coverity to help them deliver high-integrity software. Coverity is a privately held company headquartered in San Francisco and is funded by Foundation Capital and Benchmark Capital. Follow us on Twitter or check out our blog.

SOURCE Coverity, Inc.

Source: newswire

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