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Dell EMC

North America, Massachusetts, United States, Hopkinton

Description

Dell EMC, as a core component of Dell Technologies, does not operate a direct, independent venture capital fund under its own name. Instead, the investment activities related to Dell EMC's strategic interests are managed by Dell Technologies Capital, the global venture capital arm of the broader Dell Technologies conglomerate. Established to identify and nurture innovative early-stage startups, Dell Technologies Capital plays a crucial role in advancing technologies that align with Dell's extensive product and service portfolio, including areas relevant to information management, storage, and cloud infrastructure, which are central to Dell EMC's business.

Dell Technologies Capital primarily focuses on investing in enterprise technology companies from Seed to Series B stages. Their investment thesis centers on disruptive technologies across key sectors such as artificial intelligence and machine learning, cybersecurity, data management, cloud infrastructure, edge computing, developer tools, and the future of work. The fund typically participates in initial funding rounds with cheque sizes ranging from $1 million to $15 million, often taking a lead or co-lead position. This strategic approach allows them to not only provide capital but also to offer significant operational support and market access to their portfolio companies.

Since its inception, Dell Technologies Capital has made investments in over 150 startups globally, demonstrating a consistent commitment to fostering innovation within the enterprise technology ecosystem. Beyond financial backing, portfolio companies gain access to Dell Technologies' vast network of customers, partners, and technical expertise, accelerating their product development and market penetration. This synergistic relationship aims to create mutual value, helping startups scale while providing Dell Technologies with early insights into emerging technologies and potential future partnerships or acquisitions.

The strategic alignment of Dell Technologies Capital's investments ensures that the innovations they support can eventually complement or enhance Dell's existing offerings, including those from Dell EMC. This model allows Dell to remain at the forefront of technological advancements, leveraging external innovation to strengthen its market position and deliver cutting-edge solutions to its global customer base.

Investor Profile

Dell EMC has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 6 rounds, about 24% of its total and boasts 19 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Malaysia, United Kingdom.
  • Strong thematic focus on Software, Enterprise Software, Information Technology.
  • Typical check size: $1M – $15M.

Stage Focus

  • Series Unknown (28%)
  • Series C (20%)
  • Series B (20%)
  • Series A (12%)
  • Series G (4%)
  • Private Equity (4%)
  • Corporate Round (4%)
  • Series D (4%)
  • Seed (4%)

Country Focus

  • United States (80%)
  • Malaysia (8%)
  • United Kingdom (8%)

Industry Focus

  • Software
  • Enterprise Software
  • Information Technology
  • Big Data
  • Internet
  • Data Storage
  • Cloud Computing
  • Analytics
  • Data Center
  • Infrastructure
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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 EMC frequently co-invest with?

UMC Capital
Asia, T'ai-wan, Taiwan, Hsinchu
Co-Investments: 2
Goldman Sachs
North America, New York, United States, New York
Co-Investments: 2
Sierra Ventures
North America, California, United States, San Mateo
Co-Investments: 3
HP
North America, California, United States, Palo Alto
Co-Investments: 2
Veritas Technologies
North America, California, United States, Mountain View
Co-Investments: 2
Sky UK
Europe, Hounslow, United Kingdom, Isleworth
Co-Investments: 2
Cisco
North America, California, United States, San Jose
Co-Investments: 2
Micron Technology
North America, Idaho, United States, Boise
Co-Investments: 3
Celesta Capital
North America, California, United States, San Francisco
Co-Investments: 2
VMware
North America, California, United States, Palo Alto
Co-Investments: 3

Which angels does Dell EMC often collaborate with?

Patrick Grove
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Dell EMC?

iflix

Kuala Lumpur, Kuala Lumpur, Malaysia

Iflix is an online entertainment service for emerging markets.

Digital EntertainmentInternetVideo Streaming
Corporate RoundJul 22, 2019
Amount Raised: $50,000,000
Lightbits Labs

San Jose, California, United States

Lightbits operates as a software-defined, disaggregated data storage company offering a high-performance and scalable cloud data platform.

Information TechnologyNetwork HardwareSoftwareVenture Capital
Series BJul 27, 2018
Amount Raised: $50,000,000
CNEX Labs

San Jose, California, United States

CNEX provides revolutionary solid-state storage semiconductor and software solutions for cloud, hyper-scale, and enterprise data centers.

Application Specific Integrated Circuit (ASIC)Big DataCloud InfrastructureData StorageFlash StorageSemiconductorSoftware
Series CMay 30, 2017
Amount Raised: $1,823,000
CNEX Labs

San Jose, California, United States

CNEX provides revolutionary solid-state storage semiconductor and software solutions for cloud, hyper-scale, and enterprise data centers.

Application Specific Integrated Circuit (ASIC)Big DataCloud InfrastructureData StorageFlash StorageSemiconductorSoftware
Series CMar 15, 2017
Amount Raised: $13,176,197
iflix

Kuala Lumpur, Kuala Lumpur, Malaysia

Iflix is an online entertainment service for emerging markets.

Digital EntertainmentInternetVideo Streaming
Series BMar 7, 2017
Amount Raised: $90,000,000
Pivotal

San Francisco, California, United States

Pivotal is a software company that provides digital transformation technology and services.

Big DataCloud ComputingEnterprise SoftwarePaaSSoftware
Series CMay 5, 2016
Amount Raised: $653,000,000
Pivotal

San Francisco, California, United States

Pivotal is a software company that provides digital transformation technology and services.

Big DataCloud ComputingEnterprise SoftwarePaaSSoftware
Series AApr 1, 2013
Amount Raised: $946,000,000
VCE

Richardson, Texas, United States

VCE is an infrastructure solutions provider company.

Enterprise SoftwareInformation ServicesInformation TechnologyInfrastructureSoftware
SeedNov 3, 2009
Gorilla Technology Group

London, England, United Kingdom

Gorilla Technology Group, Inc. is an independent software solution and SaaS provider that specializes in Video technology and Analytics.

AnalyticsEnterprise SoftwareInformation TechnologyMachine LearningSaaSSoftwareVideo
Series BSep 30, 2009
Varonis Systems

New York, New York, United States

Varonis Systems provides actionable data governance solutions for financial services, healthcare, energy, manufacturing and tech companies.

AnalyticsBig DataData GovernanceData ManagementGovernmentHealth CareSoftware
Series UnknownJan 22, 2009
Amount Raised: $15,000,000