In­fosys In­vests in Val­ley’s Tri­facta

The Economic Times - - Disruption: Startups & Tech - Anir­ban.Sen @times­group.com

Ben­galuru: In­fosys has in­vested an undis­closed amount in Sil­i­con Val­ley-based startup Tri­facta, which helps clean up data to make it more us­able and in­sight­ful, mark­ing its eighth in­vest­ment in an early-stage ven­ture over the past 18 months.

In­fosys said that the in­vest­ment will be com­pleted on or be­fore April 27. As part of this deal, Tri­facta will pro­vide a “data wran­gling” so­lu­tion for the In­fosys’ big data plat­form and other soft­ware plat­forms that In­fosys has built re­cently. “We see tremen­dous po­ten­tial in self­ser­vice data prepa­ra­tion so­lu­tions like Tri­facta to sig­nif­i­cantly help clients un­lock the busi­ness value of their di­verse and fast-grow­ing Big Data as­sets. 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,” said Ri­tika Suri, Se­nior VP of Cor­po­rate De­vel­op­ment at In­fosys. Over the last year and a half, In­fosys has in­vested in a bunch of early-stage star­tups such as Water­line Data, WHOOP, CloudEn­dure, ANSR Con­sult­ing and Airviz Speck and spent at least $39 mil­lion from its $500mil­lion ven­ture fund in mak­ing these in­vest­ments.

This is In­fosys’ eighth in­vest­ment in an earlystage ven­ture over the past 18 months

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