BENGALURU: Infosys, India’s second largest information technology services company, has made one more investment out of its global innovation fund. The Bengaluru-based firm said it has invested an undisclosed amount in Trifacta, which develops productivity platforms for data analysis, management and manipulation.
San Francisco-headquartered Trifacta has so far raised $76.3 million in four rounds of venture funding, the last one being $35 million it raised in February this year.
“We see tremendous potential in self-service data preparation solutions like Trifacta to significantly help clients unlock the business value of their diverse and fast-growing Big Data assets,” said Ritika Suri, Senior Vice President of Corporate Development at Infosys.
“This investment underscores our commitment to our clients to introduce a complete stack of data management solutions that complement our data management and automation platforms.”
Infosys has so far invested in eight start-ups, mostly US based, the previous one being Waterline Data Science. In January this year, the Bengaluru-headquartered company had made an investment of $4 million in Waterline which builds data discovery and data governance software.
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