The IT services company has invested $5m in cloud services provider Drivestream as part of a deal to collaborate on integrated cloud technology.
IT services provider Wipro made the first investment from its $100m Wipro Ventures fund yesterday, providing $5m for US-based cloud services company Drivestream.
Drivestream provides management and IT consultancy services, and specialises in helping large and medium-sized businesses to move their operations to the cloud.
Wipro made the investment as part of a strategic partnership with Drivestream, an Oracle cloud applications systems integrator, to build an integrated cloud solutions stack.
A spokesman for Wipro told Global Corporate Venturing: “Drivestream has…
