What is Cypress?
Founded in 2015, Cypress.io, Inc. provides a robust platform specifically engineered for testing applications that run within a browser environment. By addressing the complexities of end-to-end testing, the company has become a cornerstone for engineering teams seeking to improve software reliability and deployment velocity. Its market position is defined by a developer-centric approach that simplifies the debugging process, effectively bridging the gap between traditional quality assurance and modern continuous integration workflows.
How much funding has Cypress raised?
Cypress has raised a total of $53.3M across 3 funding rounds:
Angel/Seed
$4M
Series A
$9.3M
Series B
$40M
Angel/Seed (2018): $4M, investors not publicly disclosed
Series A (2019): $9.3M led by Bessemer Venture Partners
Series B (2020): $40M supported by Battery Ventures L.P, OpenView Venture Partners, Sapphire Ventures LLC, and Stripes Group LLC
Key Investors in Cypress
Bessemer Venture Partners
A historic venture capital firm with a global footprint, specializing in early-stage and growth-stage investments across the technology sector.
OpenView Venture Partners
A Boston-based venture capital firm focused on supporting expansion-stage B2B software companies through strategic operational guidance.
Battery Ventures L.P
A global investment firm that partners with technology companies at all stages, providing capital and expertise to drive long-term growth.
What's next for Cypress?
With the infusion of capital from its latest financing round, Cypress is well-positioned to deepen its penetration into the enterprise software market. The strategic focus will likely center on enhancing its cloud-based testing infrastructure, expanding its suite of developer tools, and scaling its go-to-market operations to support larger, more complex organizational requirements. As the demand for automated testing continues to rise in the wake of digital transformation, Cypress is poised to leverage its current momentum to maintain its competitive edge against legacy testing frameworks.
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