What is Cypress?
Founded in 2015, Cypress.io, Inc. is headquartered in Atlanta, Georgia, and specializes in application software development. The company's core offering is a platform designed for testing anything that runs in a browser, addressing a critical need in the software development lifecycle. This focus positions Cypress as a key player in the quality assurance and developer tools market, catering to enterprises seeking robust and efficient testing solutions.
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 Stripes Group LLC, Sapphire Ventures LLC, Battery Ventures L.P, and OpenView Venture Partners
Key Investors in Cypress
Stripes Group LLC
Stripes Group LLC is an investor in Cypress's Series B funding round. Further details on their investment focus are not publicly available.
Sapphire Ventures LLC
Sapphire Ventures LLC participated in Cypress's Series B financing. Their investment indicates a focus on high-growth technology companies.
Battery Ventures L.P
Battery Ventures L.P. is a notable backer of Cypress, having invested in the company's Series B round. Their involvement suggests a strategic interest in software and technology sectors.
What's next for Cypress?
The recent major strategic investment, following a Series B financing round, suggests Cypress is poised for significant scaling and market expansion. This enterprise-level funding will likely fuel further product development, enhance its go-to-market strategy, and potentially support international growth. The company's trajectory indicates a move towards solidifying its position as a leader in browser-based testing solutions.
See full Cypress company page
