Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Mitsubishi UFJ Capital, a Tokyo-based venture capital firm specializing in electronics, healthcare, and technology investments, has joined Kyriba’s Series D funding round.
Leading the Japanese market in cloud-based financial solutions, Kyriba has more than 50 clients in Japan, including marquee clients Konica Minolta, Nissin Foods, and Suntory.
President, Muneki Handa of Mitsubishi UFJ Capital, said: “We have invested in Kyriba who have built a scalable cloud-based platform with deeply integrated bank connectivity, payments, risk management and supply chain finance. This architecture is a key differentiator for Japanese and world-wide organizations, and drives strategic advantages for organizations using Kyriba’s solution.”
Chairman and CEO Jean-Luc Robert of Kyriba, said: “The investment from Mitsubishi UFJ Capital adds to our strong balance sheet, and accelerates development in Kyriba’s finance technology solutions. We will further enhance our Client Success services as we reinforce our market leadership in Japan.”
Mitsubishi UFJ joins a distinguished list of existing Kyriba Corp. investors: BPIfrance, HSBC, BRED Banque Populaire, Daher Capital, Iris Capital and Upfront Ventures.
Kyriba is the global leader in cloud treasury solutions, delivering Software-as-a-Service (SaaS) treasury technology to corporate CFOs and Treasurers. More than 1,300 global organizations use Kyriba to deliver global cash visibility, improve financial controls, and increase productivity across their cash and liquidity, payments, supply chain finance, and risk management operations. Kyriba is headquartered in New York, with offices in San Diego, Paris, London, Tokyo, Singapore, Dubai, Hong Kong, Shanghai, and Rio de Janeiro.
Mitsubishi UFJ Capital is part of the Mitsubishi UFJ Financial Group, a premier, comprehensive global financial group. It has invested in a lot of start-up companies and helped more than 800 companies go public since its establishment as a former Diamond Capital in 1974. Mitsubishi UFJ Capital partners with the best high-growth, venture-backed companies, furthering their growth and supporting them through the IPO process.