View printer-friendly version << Back Dell Technologies Capital Achieves Record Investment Pace in First Half of 2017 Closed 27 investments in six months; continues to invest in innovative tech across Dell Technologies' unique family of businesses ROUND ROCK, Texas, Oct. 11, 2017/PRNewswire/ --
Dell Technologies Capitalannounces its fastest pace of investment in the last five years
- Venture arm closed 27 investments in the first half of its fiscal-year, accelerating the development and deployment of innovative technologies and solutions by promising startups
- Investment team partnering with company's new IoT division to provide extensive industry insight, relationships and links to the external innovation ecosystem
Dell Technologies Capital, the venture investment arm for Dell Technologies, announces a record investment pace for the first half of its fiscal year (February-September). The venture team had its fastest pace of investment in the last five years, closing a total of 27 investments in the six-month period. New investments included Series A and B financing rounds and spanned a broad range of technology areas strategic to the Dell Technologiesfamily of companies.
"While our pace has increased, our goal remains the same—invest in areas of strategic importance to
Dell Technologiesand partner with promising startups to deliver innovative solutions to our customers," said Scott Darling, president, Dell Technologies Capital. "As the adoption of new technologies like IoT, AI and ML become more prevalent, we plan to continue scaling our capital investments and resources accordingly."
The investment team is comprised of experienced industry professionals with a strong mix of both operational and investment expertise, giving them not only the insight to identify promising technologies and teams, but also the knowledge and skill to help their portfolio companies achieve scale. The team focuses on early-stage investments in emerging technology areas including
Internet of Things(IoT), Artificial Intelligence (AI), Machine Learning (ML), developer-led Infrastructure, next-gen storage, serverless computing, connected-car infrastructure and security. Dell Technologies Capital'snew investments included, but are not limited to, the following companies:
- Binaris (Serverless computing)
- Datometry (Database virtualization)
- Jask (Security Operations)
- Minio (Multi-cloud object storage)
- OpsMx (Software release management)
- RedLock (
- RiskLens (Cyber-security risk management)
- RiskRecon (Cyber-security risk management)
- Otonomo (Connected-car data exchange/marketplace)
- ZingBox (IoT device security)
The investment team is also partnering closely with the company's new IoT division, providing industry insight and relationships to support its strategic agenda. Through its investments and industry relationships,
Dell Technologies Capitalprovides a valuable link to the external innovation ecosystem, effectively accelerating the development and deployment of new IoT, AI and ML technologies and solutions. Dell Technologies Capital The Dell Technologies Capitalinvestment team is comprised of company builders with the mission of helping founders and their teams develop innovative technology solutions and bring them to market. They are active investors, sustaining an investment pace of approximately $100 milliona year. As the global investment arm for the Dell Technologiesfamily of businesses ( Dell, Dell EMC, Pivotal, RSA, SecureWorks, Virtustream and VMware), Dell Technologies Capitaloffers deep business and technical expertise and unparalleled go-to-market assistance to our portfolio companies. After operating in stealth for five years, the firm emerged publicly in 2017. Headquartered in Palo Alto, Calif., Dell Technologies Capitalcurrently has offices in Boston, Austinand Herliya, Israel. For more information visit www.delltechnologies.com/capital.
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