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Kyriba Finds $160M In Majority Private Equity Funding

socalTECH

San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. According to Kyriba, the investment round will give Bridgepoint a majority stake in its business, and values the company at $1.2 READ MORE>>.

Equity 124
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Kyriba Hits $110M In Revenues, Promises Future Growth

socalTECH

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.

San Diego 124
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Seismic Names VP

socalTECH

San Diego-based sales enablement and marketing software developer Seismic said this morning that it has named Heather Cole as the company Vice President, Market Growth. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures; at the time of its last funding, in 2018 , the company was valued at more than $1 billion.

San Diego 113
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FloQast In Major Expansion, Growth Push

socalTECH

Los Angeles-based accounting software developer FloQast is in a major expansion, saying this morning that it has relocated its headquarters to Sherman Oaks, and has tripled its office space. Floqast is a developer of close management software, used by accountants to close their books faster. READ MORE>>.

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Procore Snags Salesforce Vet For Marketing Chief

socalTECH

Carpinteria-based cloud software developer Procore Technologies announced this morning that it has named Jim Sinai as its new Senior Vice President of Marketing. Procore said earlier that it had "record setting" revenues in 2018, although it has not yet disclosed those finances.

Marketing 113
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The Power Combo of A.I. Devices with Cloudlets Comes with Cyber Risks

Xconomy

When we have a chance to view it from a distance, the year 2018 may be seen as a period when innovations in a number of technological fields came together to transform not only the future of computing, but also the very structure of the Internet. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.