Tuesday, March 13, 2007

Kyriba Lands $14.4M

San Diego-based Kyriba, a developer of web-based cash and treasury management software, said this morning that it has received a $14.4M funding round. The firm said that the oversubscribed round was led by BRED Banque Populaire, and also included GRP Partners and existing investors. Kyriba provides software-as-a-service used by companies for cash and liquidity management. The firm said the funding will go to accelerating the firm's growth in North America and Europe, expand its sales and marketing, and extend its international hosting operations. More information »