Infosys Innovation Fund, the corporate venturing vehicle of IT services provider Infosys, has committed capital to US-based venture capital firm Vertex Ventures’ US Fund I, LiveMint reported yesterday.
The size of the investment made by India-based Infosys has not been disclosed, but Vertex has so far raised $141m for the fund from a total of 41 backers.
US Fund I targets startups developing cloud computing and cybersecurity technologies, and has already invested in four companies, including storage technology provider Hedvig.
…
