Infostretch, a Santa Clara, CA-based provider of digital engineering services, received an investment from Goldman Sachs Merchant Banking Division and Everstone Group.
The investment, of undisclosed amount, will help accelerate the company’s business growth and expand its digital engineering service offerings for both enterprise and digital native companies.
Led by Rutesh Shah, CEO and co-founder, Infostretch is a pure-play digital engineering services firm focused on helping companies accelerate their digital initiatives from strategy and planning through execution. It works across the entire software development lifecycle, from strategy through execution and operations, helping companies overcome the biggest technical obstacles in their digital efforts. Its team of 1,200+ global engineers offers core capabilities in cloud, data, IoT, mobile and UI/UX, leveraging data and analytics in every engagement to speed cycle time, increase efficiency, and reduce risk.
With Goldman Sachs Merchant Banking Division and Everstone Group on board, the company can leverage the firms’ relationships, capabilities of their domain specific operating partners and their merger & acquisition (M&A) experience, as it looks to continue to grow the business and expand its portfolio of solutions globally. With regards to the M&A, Infostrech plans to be active to strengthen its capabilities in the digital stack.