HSBC joined backers including Iris Capital to invest in the treasury software developer, which will spend the money on product innovation and geographical expansion.
Kyriba, a US-based provider of software to assist treasury departments, raised $21m in a series C round on Tuesday featuring Iris Capital, the venture capital firm backed by telecommunications company Orange and marketing firm Publicis.
Financial services provider HSBC, which participated as a new investor, cooperative bank Bred Banque Populaire, family office Daher Capital and venture capital firm Upfront Ventures also contributed to the round.
Kyriba received an undisclosed amount from Mitsubishi UFJ Capital and Mizuho Capital, the respective corporate…
