Houston co. reaches unicorn status with $125M Series B funding round

Houston is home to a new technology unicorn.

Houston-based HighRadius Corp., which develops treasury management software powered by artificial intelligence, raised a $125 million Series B round, according to a Jan. 7 press release. The funding round was led by San Francisco-based ICONIQ Capital and saw participation from returning investors Pennsylvania-based Susquehanna Growth Equity and Citi Ventures, the venture capital arm of Citigroup Inc. (NYSE: C).

After the $125 million funding round,…