Kyriba, a NYC-based provider of cloud treasury and financial management solutions, received a $45m (USD) equity financing round.
The round was led by Sumeru Equity Partners (SEP) with participation from existing investors Bpifrance, Iris Capital, Daher Capital and HSBC (NYSE: HSBC). As a part of the investment, Kyle Ryland, Kyle Ryland, Managing Partner at SEP, will join the Kyriba Board of Directors.
Led by Jean-Luc Robert, Chairman and CEO, Kyriba provides SaaS based cloud treasury and financial management solutions for cash and risk management, payments and supply chain finance.
More than 1,600 companies, including large organizations, use Kyriba to streamline key processes, protect against loss from fraud and cybercrime, and accelerate growth opportunities through improved decision support.
The company also has offices in San Diego, Paris, London, Tokyo, Dubai and other major locations.