Cypress.io Raises $40M in Series B Funding

Cypress

Cypress.io, an Atlanta, GA-based provider of an automated testing framework, closed a $40M Series B funding.

The round was led by OpenView Venture Partners, with participation from existing investors including Bessemer Venture Partners and Las Olas Venture Capital, and new investors including Battery Ventures, Sapphire Ventures and Stripes.

The company will use the funds to expand operations across product, development, developer experience, data science, success, technical account management, community support, and more and its business reach.  

Led by Drew Lanham, CEO, Cypress.io is an automated testing platform that provides developers and QA engineers with tools to test anything that runs in a browser. Cypress makes writing, running and debugging tests easy for hundreds of thousands of developers worldwide, including engineering and QA teams from Disney, Slack, GoFundMe, Shopify, PayPal, Betterment, GitHub, NBA, Wayfair, and more.  

The company will expand its open source products by offering developers the ability to write all forms of tests – unit, component, integration, and end-to-end. The Cypress Dashboard will orchestrate and unify the results from all testing types, providing objective quality metrics, actionable insights, and a comprehensive debugging experience for developers, QA engineers, and management to continuously measure and improve software quality.

FinSMEs

17/12/2020

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