Infragistics Launches $50M Innovation Fund and Lab
- Infragistics, a Cranbury, NJ-based provider of user experience and interface (UX/UI) solutions for large enterprise applications, launched its $50M Innovation Fund and Lab
- The fund will allow internal inventors to experiment with innovations beyond the company’s core UI/UX products, without an immediate need to generate revenue
- The company employees can pitch ideas that leverage their collective expertise in artificial intelligence, analytics and digital product design
- The company now has 250 employees and offices in the U.S., Japan, Uruguay, Bulgaria, UK and India
- The Innovation Lab is located in the company’s 74,000 square-foot New Jersey headquarters
- The company provides large enterprises with tools and solutions to accelerate application design and development, and foster team collaboration