Thursday, February 7, 2019

Kyriba Hits $110M In Revenues, Promises Future Growth

San Diego-based finance and treasury management software developer Kyriba announed today that it has surpassed $110M in revenues in 2018, and says it expects to grow 40 percent in the new year. The privately held company said the revenue and growth were driven by more than 229 new enterprise clients it signed in 2018. Kyriba has previously raised funding from American Express, BIH, Bpifrance, BRED Banque Populaire, Coface, Daher Capital, HSBC, Iris Capital, Mangrove Capital Partners, Mitsubishi UFJ Financial Group, Sumeru Equity Partners, and Upfront Ventures. The company's software is used to connect various financial systems, including bank, ERP, and other software, to manage their cash and liquidity across borders.