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.”