Infosys Invested $1.5M in a Data Discovery Firm
Infosys, an IT services major, said it made a second investment of $1.5 million in Waterline Data Science, which is a data discovery and data governance software provider company.
The Bengaluru-based company first poured $4 million in the US-based firm to obtain stakes in return back in January 2016.
After the recent investment, Infosys now holds a minority stake not exceeding 20% of the incredible share capital of the company, according to the company filing to the stock exchange. The investment will be fully completed by April 6, 2018.
Waterline is a firm that provides data scientists and business analysts with a self-service data catalogue to help discover, understand and provision data. Founded in December 2013, the company also gives an automated data inventory that allows ea...