Treasury management solution provider raises $18.2m series B funds led by Daher Capital with support from existing investors including Iris Capital.

Kyriba, a US-based provider of cloud-based treasury management solutions, has completed a $18.2m series B round of funding, led by new investor, family investment office  Daher Capital, with support from existing investors, French cooperative bank group Bred Banque Populaire and Iris Capital, the venture capital firm sponsored by mobile telecommunications company Orange and public relations company Publicis.

Kyriba will use the funds to enhance its existing technology and management infrastructure and prepare the company for additional revenue and geographical growth.

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