We are proud to announce that LegalSifter, a Cypress Fund III portfolio company, has received a significant outside equity investment and successfully exited our portfolio, two and a half years after our initial investment.
Mathematician John Allen Paulos’ famous saying was validated this month with the turmoil from Silicon Valley Bank (SVB) and the associated uncertainty that rippled through the tech world. Much has been tweeted, written, and even legislated about SVB. But in the rush to offer “hot takes” on banking, venture capital and government oversight, the most notable constituency minimized in the discussion has been emerging tech companies themselves. How will the fallout impact them?
The Dallas company just snagged a $3 million investment from Cypress Growth Capital, positioning the 5-year-old ‘client services automation’ platform for IT Managed Service Providers to ramp up its global sales and marketing efforts. (Written by Glen Hunter, Executive Editor, Dallas Innovates)
$3 million Non-Dilutive Growth Funding for Client Services Automation SaaS Provider
Congratulations to Co-Founders Scott Harper and Mark Haidar and the team at Dialexa on their acquisition by IBM. Cypress was an early investor in Dialexa, providing non-dilutive growth capital to the Dallas-based digital product engineering services firm in May of 2016.
$3.2M Non-Dilutive Growth Funding for Immersive Learning Software and Services Company
Tech Entrepreneur Vincent Hsieh Brings Extensive Start-Up Experience
In baseball, if you want to steal a base, it’s essential to “step out” a few extra paces to get a good jump on the pitcher. It can feel uncomfortable or risky. Sometimes taking growth capital can feel like that.
As investors, we spend a lot of time with the founders of emerging companies. Since 2010, we’ve noticed a handful of recurring topics that interest this special group of people.