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Infosys invests in US analytics software firm Trifacta

By Manu P Toms

  • 27 Apr 2016
Infosys invests in US analytics software firm Trifacta
Trifacta

Infosys Ltd, India’s second-largest IT services exporter, has invested an undisclosed amount in Silicon Valley-based analytics software firm Trifacta.

The US firm, which offers data wrangling software that enables non-technical users to transform data for analysis, will provide its solutions to various Infosys platforms as part of the deal, the Indian company said in a statement.

“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, corporate development, Infosys.

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Trifacta CEO Adam Wilson said the partnership with Infosys will help the US company expand globally. The combination of Infosys Information Platform and Trifacta will address a broad range of Big Data use cases across a variety of business solutions, including trade data analysis, regulatory reporting and insurance modeling, Wilson said.

This deal marks the eighth investment from the Infosys Innovation Fund, a $500 million venture fund that seeks to invest in technology startups across the world.

Earlier this year, Infosys invested $4 million in Waterline Data Science.

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In December, it invested $3 million in WHOOP Inc, a US startup that offers performance optimisation solutions for professional athletes and sports teams. Prior to that, Infosys had picked up a minority stake in CloudEndure, an Israeli startup that provides cloud migration and cloud-based disaster recovery software, for $4 million.

The fund has also made investments in clean-tech startup Airviz, strategy and implementation services provider ANSR Consulting and Nova, which is a spin-off from DreamWorks Animation, an animation technology and animation film producer.

It has also backed Silicon Valley-based early-stage venture capital firm Vertex. 

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