Cypress.io Raises $4 Million for Front End Automated Testing
June 26, 2018

Cypress.io has secured $4 million in seed funding co-led by Las Olas Venture Capital (LOVC) and Bessemer Venture Partners.

Previous investors Tech Square Ventures, BLH Ventures and Buckhead Investment Partners supported the round. The investment will be used to accelerate product development, sales growth and market expansion. As part of the financing Esteban Reyes, founding partner of LOVC, has joined the Cypress board of directors.

Drew Lanham, CEO of Cypress, said: “This infusion of capital will allow us to continue building Cypress for our thriving community of passionate developers."

Reyes added: “Legacy solutions are slow, suffer from flakiness and don't provide rapid test result feedback loops. This limits the speed of product releases, increases costs of test suite maintenance and wastes valuable engineering time on debugging. Cypress solves all of those problems at scale and makes automating testing dead simple for developers,” he added.

"Cypress is rapidly becoming the go to solution for test automation of dynamic web applications,” said Bob Goodman, partner at Bessemer Venture Partners. “The dramatic speed of organic user adoption fueled by developer love for Cypress and the company’s customer-focused roadmap drove our investment decision.”

Share this

Industry News

January 22, 2025

Postman announced the Postman AI Agent Builder, a suite empowering developers to quickly design, test, and deploy intelligent agents by combining LLMs, APIs, and workflows into a unified solution.

January 22, 2025

The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, announced the graduation of CubeFS.

January 21, 2025

BrowserStack and Bitrise announced a strategic partnership to revolutionize mobile app quality assurance.

January 21, 2025

Render raised $80M in Series C funding.

January 16, 2025

Mendix, a Siemens business, announced the general availability of Mendix 10.18.

January 16, 2025

Red Hat announced the general availability of Red Hat OpenShift Virtualization Engine, a new edition of Red Hat OpenShift that provides a dedicated way for organizations to access the proven virtualization functionality already available within Red Hat OpenShift.

January 16, 2025

Contrast Security announced the release of Application Vulnerability Monitoring (AVM), a new capability of Application Detection and Response (ADR).

January 15, 2025

Red Hat announced the general availability of Red Hat Connectivity Link, a hybrid multicloud application connectivity solution that provides a modern approach to connecting disparate applications and infrastructure.

January 15, 2025

Appfire announced 7pace Timetracker for Jira is live in the Atlassian Marketplace.

January 14, 2025

SmartBear announced the availability of SmartBear API Hub featuring HaloAI, an advanced AI-driven capability being introduced across SmartBear's product portfolio, and SmartBear Insight Hub.

January 14, 2025

Azul announced that the integrated risk management practices for its OpenJDK solutions fully support the stability, resilience and integrity requirements in meeting the European Union’s Digital Operational Resilience Act (DORA) provisions.

January 14, 2025

OpsVerse announced a significantly enhanced DevOps copilot, Aiden 2.0.

January 13, 2025

Progress received multiple awards from prestigious organizations for its inclusive workplace, culture and focus on corporate social responsibility (CSR).

January 13, 2025

Red Hat has completed its acquisition of Neural Magic, a provider of software and algorithms that accelerate generative AI (gen AI) inference workloads.

January 13, 2025

Code Intelligence announced the launch of Spark, an AI test agent that autonomously identifies bugs in unknown code without human interaction.