On Monday, the Dell venture arm also called as Dell technology capital has reveal that it has invested in more than 70 start-ups from the initial stage and has 27 outings so far, including at Nutanix which had an IPO in late 2016. The company also said that every year it spend over $100 million in financing new businesses.
“At Dell Technologies Capital, we have a fundamental understanding of what promising start-ups need to change in the world,” said Michael Dell, President and CEO of Dell Technologies. “We provide the resources, scale and expertise to help them continue to innovate and maximize their potential.”
The Silicon Valley-based business team focused on emerging technology areas such as network, software-defined management and orchestration, security, machine learning / artificial intelligence, large Data / analysis, clouds, Internet objects (IoT) and DevOps. All of these elements are relevant to the Dell family of companies that now includes Dell, Dell EMC, Pivotal, RSA, SecureWorks, Virtustream and VMware.
In an interview with Times of India, Elizabeth Gore, Dell’s entrepreneur-in-residence, said India is a priority market for the venture. “The Indian government is an amazing partner for entrepreneurs, trying to understand the barriers that entrepreneurs face, and we focus on different pillars, access to capital, mentoring, networks.”
After the US, India, is a company with a focus on the expansion of Alice in a growing number of entrepreneurs out of the country, Gore said.
Scott Darling, president of Dell’s Technology Capital, said that the capital is the only stakes tables, only to establish a new start on the path to success, “the new company looking for a partner. proactive investors provides the breadth and expertise, and access to resources and scale, “he said Dell Technologies capital team consists of highly experienced investors and the computer. An extensive network of contacts in the industry to help companies achieve their escape.