San Diego, CA – October 21st, 2010 - Kyriba, the leader of Software-as-a-Service (SaaS) cash and treasury management solutions, today announced that it ranked # 125 on Technology Fast 500™, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009. Kyriba grew dramatically during this period. Kyriba previously ranked 184 as a Technology Fast 500™ award winner for 2009.
Kyriba’s CEO, Jean-Luc Robert, credits the company’s absolute focus on delivering one product, one version, and one platform for the company’s revenue growth. Mr. Robert said, "We are not distracted by multiple products or versions at Kyriba. This allows us to provide the best possible solution to the market place, with rapid upgrades and enhancements so that our clients can meet their business needs.”
“Kyriba and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth,” said Phil Asmundson, vice chairman and Deloitte’s U.S. technology, media and telecommunications leader. "Deloitte commends Kyriba for this impressive accomplishment.”
“Kyriba has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500™,” said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.