Infosys invests in US-based analytics software firm Trifacta

Deal value not disclosed; Trifacta develops productivity platforms for data analysis, management and manipulation

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.

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“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.