Monday, May 1, 2017

Kyriba Expands In Southern Europe

Kyriba, which develops cloud-based treasury management software, and was founded in San Diego, said over the weekend that it is in an expansion in Southern Europe, particularly in Italy and Spain. The company said it is developing a network of reseller partners in the area, and recently has been seeing growth in Italy and Spain. The company said its growth rates between 2015 and 2016 in the countries are 166 percent for Italy and 67 percent for Spain. Kyriba now has its headquarters in New York, but started in San Diego. The company has previously raised funding from Mitsubishi UFJ Capital, Bpifrance, HSBC, Daher Capital, BRED Banque Populaire, Iris Capital and Upfront Ventures.

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