<article>US and Japan-focused venture capital firm <a href="https://www.dealstreetasia.com/tag/SunBridge-Partners/">SunBridge Partners</a> has exited its investment in Kyriba Japan, its joint venture with San Diego-based fintech company Kyriba Corporation.
The exit was a part of a recent investment in Kyriba Japan by PE firm Bridgepoint Capital, SunBridge said in an official statement.</article>

US and Japan-focused venture capital firm <a href="https://www.dealstreetasia.com/tag/SunBridge-Partners/">SunBridge Partners</a> has exited its investment in Kyriba Japan, its joint venture with San Diego-based fintech company Kyriba Corporation.
The exit was a part of a recent investment in Kyriba Japan by PE firm Bridgepoint Capital, SunBridge said in an official statement.
Formed in 2012, the Kyriba Japan JV saw SunBridge working side-by-side with Kyriba to launch operations in Japan, identify potential customers, and assist the company, which provides solutions for cash and risk management, payments and working capital optimization.
“SunBridge Partners has been an invaluable partner in Japan; accessing their broad network of contacts and customers, an extensive understanding of the Japan market, and the ability to know what local customers demand from their software suppliers have all been critical to our success in Japan to date,” said Kyriba CEO Jean-Luc Robert.
Kyriba Japan was one of several JVs established by SunBridge in Japan. Prior to Kyriba Japan, the VC firm had set up Concur Japan, Marketo Japan and Demandware Japan.
In January, SunBridge announced its exit from Marketo KK as part of Adobe’s $4.75-billion purchase of Marketo.
SunBridge Partners invests in enterprise software and Software-as-a-Service (SaaS) startups in the US and Japan. The VC says it has invested over $100 million in more than 65 portfolio companies, resulting in nine successful IPOs and several major exits generating over $23 billion in current market capitalization.
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VC firm SunBridge exits investment in fintech JV Kyriba Japan

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