Infosys invests in Silicon Valley-based data analytics startup Trifacta

BENGALURU: India’s second largest software exporter 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.

Bangalore-based 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’s big data platform and other software platforms that Infosys has built recently.

“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. 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 Vice President of Corporate Development at Infosys.

Over the past 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 $500-million venture fund in making these investments.

Crosstown rival Wipro, which in 2014 set up a $100-million venture arm, has also invested in a number of startups including big data startup Talena, artificial intelligence startup Vicarious and Pune-based Altizon, which has built a new-age Internet-of-Things powered platform.