#USA #New York #Technology #Cypris #Chris Staymates

Cypris Appoints Chris Staymates as Chief Technology Officer

The dynamic landscape of technology continues to evolve, and Cypris, an innovative AI-driven research platform tailored for research and development (R&D) teams, has made a significant executive move. The company proudly announces the appointment of Chris Staymates as its new Chief Technology Officer (CTO). Previously, Chris held the position of Chief Innovation Officer at Stax, where he substantially advanced their business performance.

This strategic hire marks an important step in Cypris's mission to enhance its already robust framework and propel the pace of product innovation for its expanding customer base. Chris Staymates brings over two decades of experience in developing and leading technical teams, consistently achieving remarkable business outcomes along the way. His leadership has been crucial in guiding companies to impressive nine-figure revenues and attaining unicorn status.

Before his tenure at Stax, Chris excelled as both Chief Innovation Officer and CTO, where he played an instrumental role in scaling the company’s revenue, surpassing $150 million. One of his key accomplishments was orchestrating the creation of a cutting-edge integrated payment platform, which established Stax as a strong competitor against industry giants such as Stripe and Adyen. Moreover, Chris significantly grew the product and engineering departments from a modest team of 8 to over 120 personnel, contributing to the company’s profitability.

Chris's career is adorned with groundbreaking innovations. He has been at the forefront of major technological advancements, including launching the largest social media data ingestion system, alongside pioneering machine learning products that have made a significant impact across various sectors. Among his notable achievements are transformative developments such as the HitStick, SuperSim, and downloadable content for the popular EA Sports Madden NFL franchise. These innovations have elevated standards and pushed the boundaries of what technology can deliver.

Steve Hafif, CEO of Cypris, expressed enthusiasm over the new addition to the team, stating, "It's been said that the output of a company is the vector sum of the people within it. With every hire, our goal is to bring in individuals who can significantly push the boundaries of that output. Chris’s exceptional expertise in scaling engineering processes and enhancing development quality will extend Cypris's capabilities effectively."

Staymates himself shared his excitement about joining Cypris, noting, "I’m thrilled to become a part of Cypris as CTO and to help advance the R&D landscape. My past experiences will guide my contributions in creating innovative, technology-driven products for growth-centric businesses, and I believe Cypris is poised for meaningful impact in this arena."

Founded in 2021, Cypris aims to revolutionize the R&D sector by centralizing an extensive database of over 500 million live data points—encompassing patents, research articles, market news, and company profiles—into an intuitive Innovation Dashboard, fueled by proprietary AI technology. This platform significantly enhances the ability of R&D and innovation teams to address vital inquiries, devise go-to-market strategies, evaluate competition, and unearth licensing opportunities while conserving valuable time and resources.

About Cypris

Cypris stands out as a market intelligence platform designed explicitly for R&D and innovation teams. It offers a unified ecosystem for accessing global innovation data. With features honed to provide unique insights from a vast repository of over 500 million data points, Cypris empowers teams to respond to crucial market, competitor, and core technology questions—ultimately facilitating new product development and accelerating innovation across the globe. To discover more about Cypris and how it supports R&D and innovation endeavors, visit cypris.ai.