Coverity Buys Solidware

Coverity Inc., a San Francisco-based provider of software quality and security improvement solutions, has acquired Solidware Technologies Inc., a Boulder, Colo.-based provider of software readiness management solutions. No financial terms were disclosed. Coverity last year raised $22 million in its first round of institutional funding, co-led by Foundation Capital and Benchmark Capital. Solidware has raised $1.5 million from Illinois Ventures and Ceres Venture Fund.