Wipro Ventures invests in vFunction

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Wipro, on Tuesday, announced that it has formed a joint go-to-market partnership with a Palo Alto-based startup, vFunction. The latter has developed a technology platform for modernizing Java applications and accelerating migration to the cloud. 

It is expected that the partnership will strengthen Wipro FullStride Cloud Services’ position as a leading provider of digital transformation solutions and help advance Wipro’s commitment to accelerating cloud innovation for clients.

“We are proud to partner with vFunction to enhance our cloud offerings and provide clients with additional capabilities in a critical sector. Wipro is investing over $1 billion over the next three years to build out the capabilities of Wipro FullStride Cloud Services, and we are committed to working with partners and other industry leaders to deliver a cloud ecosystem that meets our clients’ needs,”

Ramachandran Padmanabhan, Vice President, Wipro FullStride Cloud Services

Wipro states, ‘In conjunction with this partnership, Wipro Ventures, the corporate investment arm of Wipro, announced that it has invested in vFunction’s Series a funding round to deepen the strategic partnership.’

“Wipro is an established leader in the cloud segment, and we are excited to partner with them to accelerate our joint customers’ journey to cloud-native architecture. As more and more businesses embrace the cloud to gain a competitive edge, this partnership will be critical in helping them realize the benefits of moving to the cloud,” said Moti Rafalin, CEO and Co-founder, vFunction.

vFunction, through the transformation of complex monolithic Java applications into microservices, enables enterprises to eliminate the time, risk, and cost constraints of modernizing business applications. The joint offering combining the capabilities of Wipro FullStride Cloud Services with vFunction, will help clients across a range of sectors ease their transition to the cloud. 

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