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Article: Kyriba Corporation Raises $7 Million to Finance its Accelerating Growth. Coface leads Funding Round with Existing Investors GRP and BRED Banque Populaire.(Company overview)
- Article from:
- Business Wire
- Article date:
- May 27, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN DIEGO & PARIS -- Kyriba Corporation, the leader of web-based cash and treasury management solutions, announced today that it received new funding subscribed by its current shareholders and by Coface, a new investor.
"Kyriba's international positioning and proven experience in the Financial Software as a Service (SaaS) industry fits well with the Coface mission to be a global business-to-business trade facilitator," stated Jerome Cazes, CEO of Coface. "I am sure that this is a first step towards a successful strategic partnership. We see a lot of potential in coupling the Coface and Kyriba solutions to promote a very innovative offer to the marketplace."
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