GreenBay Technologies Lands Investment

by Brian Lee

Informatica announced recently that it made a financial investment in data management startup GreenBay Technologies. The amount was not disclosed.

According to a release, the funds will be used by GreenBay Technologies to develop AI innovations that strengthen the impact of Informatica’s AI-powered CLAIRE engine across its Intelligent Data Platform.

“Informatica’s investment and industry-leading expertise will enable GreenBay Technologies to work alongside the world’s leading enterprise cloud data management company to help thousands of Informatica customers unleash the power of data and accelerate their digital transformations,” GreenBay Technologies Co-Founder AnHai Doan said in a statement.

GreenBay Technologies develops products that use machine learning and big data technologies to automate complex data management tasks.