Kyriba Nets $160 Million Investment, Pushing Software Firm’s Valuation Above $1 Billion

San Diego fintech software firm Kyriba expects to soon complete a $160 million funding round as part of a capital restructuring that values the company at $1.2 billion.

With the new funding round, Kyriba becomes one of the few privately held San Diego software firms with a valuation of $1 billion or more. It joins Internet software firm Seismic and autonomous driving software outfit TuSimple.