ASP - Tuesday, March 13, 2007
Cash Flow Managemenet ASP Kyriba Funded By French Bank
San Diego's Kyriba has raised $14.4M in an over-subscribed round led by France's BRED Banque Populaire. Kyriba says it is the only international Software as a Service for global cash and liquidity management. It claims more than 100 corporate clients, 5000 users, and 15M transactions processed annually.
We understand why Kyriba would seem to hold good value for controllers and CFOs of international companies who are saddled with several bank accounts. Kyriba automatically retrieves the data from he accounts, runs the exchange rates, combines them as needed, etc.
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