Goldman Sachs, Everstone Invest in Infostretch: Company Background
Infostretch's current team spans 1,200+ global engineers who have cloud, data, IoT, mobile and UI/UX expertise. Those engineers work across the "entire software development lifecycle, from strategy through execution and operations, helping companies overcome the biggest technical obstacles in their digital efforts," the company says.Key Infostretch partnerships include Amazon Web Services (AWS), Adobe, Atlassian, CloudBees, Tricentis, Perfecto, Qmetry, SauceLabs, Applitools, ServiceBot, VenueNext and Headspin.Infostretch's customer base spanned 50 organizations, half of which are Fortune 500 companies as of June 2020. The company's intellectual property includes the ASTUTE AI Testing Suite, a bot platform that empowers enterprises to launch digital transformation initiatives in a matter of weeks, as opposed to months, while reducing test efforts by at least 35 percent, Infostretch asserts.Goldman Sachs, Everstone Invest in Infostretch: Executive Perspectives
“We’re very pleased to partner with Goldman Sachs and Everstone Group to continue our aggressive growth and expansion. The expertise and reputation we have built over the last fifteen years has put us in the position to advance the digital initiatives of some of the world’s leading companies and brands. This investment will enable us to build on those strengths and take advantage of the growing need for more innovative digital solutions in verticals like healthcare, financial services and technology.”
“We saw an opportunity to invest in a company that has demonstrated an ability to help organizations clearly distinguish themselves via the latest digital technologies. Infostretch has built an impressive brand and list of loyal clients in healthcare, financial services and high tech. Their global presence and ability to apply the latest capabilities in areas like AI and analytics with best practices in Agile and DevOps set them apart in the digital engineering space.”
“Digital will be the core differentiator for businesses of all sizes in almost every segment over the next five to ten years. With its expertise in emerging technologies and the ability to incorporate intelligent automation across the development lifecycle, we think Infostretch is well positioned to be one of the premier digital engineering service providers in the market.”
