SOURCE: Covario, Inc.

Covario, Inc.

January 19, 2011 09:00 ET

Covario Ranks Among JMP's "Hot 100" Software Firms

Fast-Growing San Diego Software and Search Marketing Firm Makes List for Second Time

SAN DIEGO, CA--(Marketwire - January 19, 2011) - Covario, Inc., one of the nation's largest independent providers of search marketing software solutions and agency services, has been included for the second year in a row in the JMP Securities "Hot 100" list of the nation's best privately-held software companies.

The firms that made the 2011 list have estimated revenues ranging from less that $10 million to more than $100 million. All the companies in the Hot 100 are actively engaged in the Computing (or Software)-as-a-Service sector. Covario was spotlighted in a sub-sector called Platform-as-a-Service for its growing array of software solutions for search marketing (both paid and SEO), social media impact, display advertising, and cross-media optimization.

Covario was singled out for providing interactive marketing analytics for customers in the manufacturing, media, consumer packaged goods and electronics markets. It was noted that many of Covario's clients use the firm's software solutions to "enhance online brand presence and organize advertising campaigns."

Key investors in the fast-growing, San Diego-based firm were acknowledged, as they were for all of the companies included in the Hot 100. In Covario's case, investors include Dubilier and Company, FTV Capital and Voyager Capital.

Covario is led by Russ Mann, co-founder and chief executive officer, who was selected as an "Entrepreneur of the Year" in the San Diego region last year in the annual Ernst and Young award competition. Among this and other honors received in 2010, Covario was also named to the INC. 500 list of the nation's fastest-growing, privately-held companies for the second year in a row, and to the Software 500 list of the country's largest software firms for the first time.

"Making the Hot 100 is a great way to keep the momentum coming out of 2010 going strong in the New Year," Mann said. "Last year, we won numerous awards for both ourselves and our clients, which helped them gain share in their respective markets through their digital advertising campaigns. We also had another year of exceptional, double-digit growth due to our global diversification and our ability to drive lift for clients both in strong markets, such as China, India, Germany and Canada, as well as markets like the U.S. and U.K. that are still recovering from the economic meltdown."

About Covario™

Covario, Inc. is among the nation's largest independent SEM (search engine marketing) and SEO (search engine optimization) solutions providers, offering software and agency services for paid and organic search management. Covario provides large global organizations with robust solutions for paid search advertising, organic search (SEO), social media and display advertising. Covario enables complex and distributed organizations to control their brand integrity; ensure budget transparency; and deliver quantifiable results across business units, distribution channels and languages. Headquartered in San Diego, the company's growing customer base includes some of the world's best known brands in technology, retail, ecommerce, financial services, consumer electronics, media, entertainment, publishing and consumer packaged goods. More information about Covario is available by calling 858.397.1500 or online at http://www.covario.com.

Contact Information

  • Contact:
    Rick Clancy
    Sr. Director, Public Relations
    858-397-1500, ext. 1643 office
    rclancy@covario.com