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Last updated on April 17, 2014 at 1:21 EDT

Latest Foundation Capital Stories

2013-03-13 08:42:15

Development testing leader taps industry veteran to oversee continued growth in EMEA market SAN FRANCISCO, March 13, 2013 /PRNewswire/ -- Coverity, Inc., the leader in development testing, today announced the appointment of Stephen Allen as its Vice President of EMEA Operations. Allen will be responsible for driving the company's continued growth and will oversee all revenue-related field operations in the region. A seasoned sales executive with more than three decades of...

2013-02-13 08:34:12

SAN FRANCISCO, Feb. 13, 2013 /PRNewswire/ -- Coverity, Inc., the leader in development testing, today announced the opening of four new offices, as well as the expansion of three existing offices, across Asia, Europe and North America. The company cited the rising worldwide demand for development testing across all industries as the reason for its expansion. To increase its customer support in two of the fastest growing economies in the world, Coverity opened new offices in Bangalore, India,...

2013-02-12 08:39:02

SAN FRANCISCO, Feb. 12, 2013 /PRNewswire/ -- Coverity, Inc., the leader in development testing, today announced it has joined the Financial Services Information Sharing and Analysis Center (FS-ISAC). FS-ISAC, which is sponsored by the U.S. Department of Treasury, identifies and communicates threats, vulnerabilities and risk information about cyber and physical security risks faced by the U.S. financial services sector. Coverity will join the diverse range of organizations that make up...

2013-02-11 08:31:09

SAN FRANCISCO, Feb. 11, 2013 /PRNewswire/ -- Coverity, Inc., the leader in development testing, today announced that the launch of the Coverity Security Research Laboratory (SRL), in January 2012, has been recognized by industry analyst firm VDC Research Group in its "Top 12 of 2012" report. VDC Research cited security as one of the main themes that defined technology in 2012, driven largely by the need to build more secure devices as mobile and cloud computing gain popularity with...

2013-02-07 08:30:31

SAN FRANCISCO and LONDON, Feb. 7, 2013 /PRNewswire/ -- Coverity, Inc., the development testing leader, and Gold-i, an award-winning international integrator of trading systems, today announced that Gold-i has selected the Coverity® Development Testing Platform as a strategic part of its mission to ensure high quality and platform resilience for high-frequency trading. "Software quality is our number one business priority. Issues with our software which prohibit client trading could...

2013-01-03 12:26:11

SAN FRANCISCO, Jan. 3, 2013 /PRNewswire/ -- Coverity Inc., the leader in development testing, today announced the appointment of Fred Gerson, Executive Vice President and Chief Financial Officer of the San Diego Padres, to its board of directors as Chairman of the board's Audit Committee. Gerson brings over 20 years of financial expertise and directorial oversight to the Coverity board, serving as Chief Financial Officer and holding board positions for multiple companies, both publicly...

2012-12-19 12:27:34

SAN FRANCISCO, Dec. 19, 2012 /PRNewswire/ -- Coverity, Inc., the development testing leader, announced today that CrowdStrike, a security startup focused on protecting enterprises and governments against advanced cyber attacks, has partnered with Coverity to ensure the quality and security of its software. "As a security company, we know our software will be attacked, and so it is critical that we build security in from the ground up," said George Kurtz, CrowdStrike co-founder...

2012-12-10 16:25:08

SAN FRANCISCO, Dec. 10, 2012 /PRNewswire/ -- Coverity, Inc., the leader in development testing, today announced the hire of Eric Lippert as Architect in the Coverity R&D organization. Prior to Coverity, Eric spent the past 16 years at Microsoft where he became the public face of the company's C# compiler service project as a principal developer on the C# compiler team. Lippert is also a strong voice in the development community as a prolific blogger on C# and other development...

2012-07-11 02:23:23

SAN FRANCISCO, July 11, 2012 /PRNewswire/ -- AdRoll, the most widely adopted retargeting platform, today announced that it has secured $15 million in a financing round led by Foundation Capital and joined by previous investors Merus Capital and Accel Partners. Charles Moldow, general partner at Foundation Capital, will join the board. (Logo: http://photos.prnewswire.com/prnh/20120711/SF38270LOGO) The funds will be used to further develop AdRoll's data-driven advertising technology and to...

2012-06-06 23:00:24

Private computing company first to address virtual machine privacy concerns with new software solution that protects data from ℠physical attack´ security breaches Menlo Park, California (PRWEB) June 06, 2012 PrivateCore, an early-stage private computing company, today announced that it has raised $2.25 million in seed funding from Foundation Capital. Building software solutions that address the privacy concerns surrounding public cloud computing infrastructure, PrivateCore will...