Trive Capital & BayLink Capital Form Veltris
SAN FRANCISCO and DALLAS, Oct. 4, 2023 /PRNewswire/ -- Trive Capital ("Trive"), the Dallas-based private equity firm, and BayLink Capital ("BayLink"), are excited to announce their investment into Veltris (the "Company"), a next generation technology services company specializing in developing solutions in Data & Artificial Intelligence ("Data/AI"), Engineering R&D ("ER&D") services and Digital Product Engineering Services ("PES"). The Company was formed through the partnership and simultaneous combination of Wavelabs Technologies ("Wavelabs") and West Agile Labs ("West Agile"). Headquartered in San Francisco, California, Veltris offers "chip to cloud" product development services encompassing software embedded in the physical/hardware layer all the way up through custom software at the application layer. The Company embraces a design-centric full-stack development approach starting with consultative solutioning, through design, architecture, development, testing and deployment. Veltris delivers these offerings to a wide array of SMB and Fortune 500 clients through a global delivery model from its headquarters in the U.S. and its global locations in Canada and India.
- SAN FRANCISCO and DALLAS, Oct. 4, 2023 /PRNewswire/ -- Trive Capital ("Trive"), the Dallas-based private equity firm, and BayLink Capital ("BayLink"), are excited to announce their investment into Veltris (the "Company"), a next generation technology services company specializing in developing solutions in Data & Artificial Intelligence ("Data/AI"), Engineering R&D ("ER&D") services and Digital Product Engineering Services ("PES").
- Pramod commented, "We couldn't be more excited to form Veltris alongside the Wavelabs team.
- Nick Miner , Managing Director at Trive, commented, "We are thrilled to partner with Wavelabs and West Agile to form the Veltris platform.
- Kaustuv Sen, Managing Partner at BayLink, stated, "We are excited to be active partners alongside this combined management team to accelerate growth under the Veltris platform.