Covalent was founded in 1998 by Randy Terbush, one of the eight developers who originally started the Apache Web Server project. Today, Covalent is the leader in products and services for Apache. Funded by leading venture capital investors including Sequoia Capital and Granite Ventures, Covalent is the only company offering a comprehensive âenterprise-readyâ solution for Apache. Companies such as Lucent Technologies, Dow Jones and others depend on Covalent for their Apache Web Server infrastructure.