Infosys buys minority stake in US-based start-up Trifacta

Last Modified: Wed, Apr 27 2016. 09 17 PM IST Bengaluru: Infosys Ltd has bought a minority stake in San Francisco-based Trifacta Inc. by making an undisclosed investment in the data visualization start-up, marking the seventh investment in a start-up from the company’s $500 million innovation fund. Significantly, Infosys’s investment in Trifacta, which applies machine learning technologies to help data scientists understand data better, is the second investment in a data-focused start-up by India’s second largest software firm. In January this year, Infosys picked up a minority stake in Delaware-based Waterline Data Science Inc., a start-up which helps companies make sense of large data sets. Trifacta, which is estimated to have $3.1 million in revenue, will also offer “a data wrangling solution” for the Infosys Information Platform (IIP), said a…

Link to Full Article: Infosys buys minority stake in US-based start-up Trifacta

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