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Kyriba raises USD 45 mln for treasury management software

Friday 29 September 2017 00:46 CET | News

Kyriba has announced that Sumeru Equity Partners has led its USD45 million equity financing round, alongside existing investors Bpifrance, Iris Capital, Daher Capital and HSBC.

SEP is a technology-focused private equity firm that invests in growth-oriented technology companies. The partnership will help Kyriba increase its funding for product development, customer support, sales, and marketing.

As a part of the investment, Kyle Ryland will join the Kyriba Board of Directors.

Kyriba is the provider of cloud treasury and financial management solutions. Kyriba empowers financial leaders and their teams with solutions for cash and risk management, payments and supply chain finance. Kyriba delivers a SaaS platform, bank connectivity and an integrated solution set for tackling today’s financial challenges.

Sumeru Equity Partners is a technology-focused private equity company that invests in companies across software, technology-enabled services and hardware.


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Keywords: Kyriba, financing round, Sumeru Equity Partners, treasury, cash management, supply chain, payments
Categories: Banking & Fintech
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Banking & Fintech






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