Kyriba Corp., a San Diego, CA-based provider of cloud treasury management solutions, raised $23m in Series D funding.
The round was led by Bpifrance, with participation from existing investors HSBC (NYSE: HSBC) and Daher Capital.
The company intends to use the funds for product innovation across its suite of solutions, enhancement to its client success services, and expansion in new geographies.
Led by Jean-Luc Robert, chairman and CEO, Kyriba provides cloud treasury management solutions, including risk management, supply chain finance, payments, cash management, and bank connectivity to more than 1,300 global organizations.
The company has offices in New York, Paris, London, Tokyo, Singapore, Dubai, Hong Kong, and Rio de Janeiro.