India-based software services provider Wipro has agreed to provide $8.2m in series G funding to US-based data analysis company Opera Solutions, according to The Hindu.
Wipro paid $30m in May 2013 for a minority stake in Opera, but has since expanded its corporate venturing activities, setting aside $100m in July this year for a fund that will invest in early-to-middle stage start-ups.
As well as Opera, Wipro also backed cloud software provider Axeda in 2013, exiting the latter company a year later when it was acquired by PTC for $170m.
Opera Solutions previously raised $84m in its first external funding round in 2011, which was led by Silver Lake Sumeru and also backed by Accel-KKR, Invus Financial Advisors, JGE Capital Management, and Tola Capital.