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Dell

North America, Texas, United States, Round Rock

Description

Dell, through its corporate venture arm, Dell Technologies Capital (DTC), actively participates in the venture ecosystem. Launched in 2017, DTC serves as the strategic investment arm of Dell Technologies, focusing on identifying and nurturing innovative startups that align with the parent company's long-term vision and technological roadmap. Unlike traditional venture capital firms, DTC leverages Dell's expansive global reach, technological expertise, and vast customer base to provide portfolio companies with more than just capital, offering strategic guidance, go-to-market support, and access to Dell's ecosystem.

Dell Technologies Capital primarily targets early to growth-stage companies, typically participating in Seed, Series A, and Series B funding rounds, though it can also engage in later-stage investments. Their investment thesis centers on emerging technologies critical to Dell's future, including artificial intelligence, machine learning, cybersecurity, data analytics, cloud infrastructure, edge computing, and future of work solutions. This strategic alignment ensures that investments not only yield financial returns but also foster innovation that can potentially integrate with or enhance Dell's product and service offerings.

Since its inception, Dell Technologies Capital has demonstrated significant activity in the startup landscape. By 2022, the firm had invested over $1 billion across more than 150 startups globally, underscoring its commitment to fostering innovation within the tech industry. Their typical first check sizes are designed to support companies at various early and growth stages, generally ranging from approximately $2 million for seed or early Series A rounds up to $25 million for more mature Series B or later-stage investments. This flexible approach allows DTC to support a diverse portfolio of companies, from nascent ideas to established ventures seeking to scale.

Investor Profile

Dell has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 16% of its total and boasts 20 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series C, Private Equity rounds (top funding stages).
  • Majority of deals are located in United States, Australia, Hong Kong.
  • Strong thematic focus on Software, Internet, Enterprise Software.
  • Typical check size: $2M – $25M.

Stage Focus

  • Series Unknown (44%)
  • Series C (16%)
  • Private Equity (12%)
  • Series B (12%)
  • Debt Financing (4%)
  • Post Ipo Equity (4%)
  • Series E (4%)
  • Seed (4%)

Country Focus

  • United States (88%)
  • Australia (4%)
  • Hong Kong (4%)
  • United Kingdom (4%)

Industry Focus

  • Software
  • Internet
  • Enterprise Software
  • E-commerce
  • Information Technology
  • Infrastructure
  • Telecommunications
  • Web Apps
  • Web Design
  • Marketing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Dell frequently co-invest with?

AOL
North America, New York, United States, New York
Co-Investments: 2
GE Equity
North America, Connecticut, United States, Norwalk
Co-Investments: 3
The Carlyle Group
North America, District of Columbia, United States, Washington
Co-Investments: 3
Goldman Sachs
North America, New York, United States, New York
Co-Investments: 2
SAP
Europe, Baden-Wurttemberg, Germany, Walldorf
Co-Investments: 2
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 2
Accel
North America, California, United States, Palo Alto
Co-Investments: 3
Cisco
North America, California, United States, San Jose
Co-Investments: 2
Venrock
North America, California, United States, Palo Alto
Co-Investments: 4
Microsoft
North America, Washington, United States, Redmond
Co-Investments: 2

Which angels does Dell often collaborate with?

MA
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Dell?

FogHorn

Sunnyvale, California, United States

FogHorn is a developer of “edge intelligence” software for industrial and commercial IoT application solutions.

IndustrialInternet of ThingsRoboticsSoftware
Series BOct 4, 2017
Amount Raised: $30,000,000
Fusion-io

Salt Lake City, Utah, United States

Fusion-io offers a platform that accelerates databases, virtualization, cloud computing, big data and applications that drive the economy.

Cloud ComputingDatabaseEnterprise SoftwareFlash StorageInfrastructureSoftwareVirtualization
Series BApr 7, 2009
Amount Raised: $47,500,000
NextIO

Austin, Texas, United States

NextIO is an information technology company.

Information Technology
Series CFeb 29, 2008
Amount Raised: $18,800,000
2Wire

San Jose, California, United States

2Wire is a San Jose, Calif. provider of broadband service products for companies serving consumers.

Communications InfrastructureInternetSoftwareTelecommunications
Series ENov 15, 2002
Amount Raised: $27,500,000
SiRF Technology

San Jose, California, United States

SiRF Technology develops semiconductor and software products that enable location-awareness.

Enterprise SoftwareGPSHardwareNavigationSemiconductorSoftware
Private EquityMar 11, 2002
Amount Raised: $19,600,000
Sanctum

Santa Clara, California, United States

Sanctum is web security company specializing in web application security testing and firewall software.

Network SecuritySoftwareWeb Apps
Series UnknownJul 23, 2001
Amount Raised: $30,000,000
SmartPipes

London, England, United Kingdom

Software services for IP networks.

B2BInfrastructureSoftware
Series CJul 23, 2001
Amount Raised: $20,000,000
VMware

Palo Alto, California, United States

VMware is a cloud services company that provides cloud infrastructure, cloud management, security, and networking.

Series UnknownMay 25, 2000
Amount Raised: $20,000,000
Ubicom

San Jose, California, United States

Ubicom offers communications and media processor (CMP) and software platforms for interactive applications and multimedia content delivery.

Content Delivery NetworkSoftwareTelecommunications
Series UnknownMay 22, 2000
Amount Raised: $42,100,000
2nd Century

Tampa, Florida, United States

2nd Century Communications, an open network application service provider.

InternetService IndustryTelecommunications
Series UnknownMay 16, 2000
Amount Raised: $75,000,000