Dell Technologies Capital has completed 24 new and follow-on investments during May 2017 to April 2018.
Since 2012, Dell Technologies Capital has made 81 investments focused on early-stage start-ups.
In the past year, a third of new investments focused on artificial intelligence (AI) and machine learning (ML) and the remaining investments focused on security, next-gen infrastructure and other technology areas strategic to the Dell Technologies.
The venture team had 11 exits in the past year, of which three of its portfolio companies IPO’d in the past seven months.
Dell Technologies Capital was the first institutional investor in Zscaler, a network security company that went public in March 2018.
Dell Technologies Capital invested in MongoDB which went public in October 2017.
DocuSign had also gone for IPO.
These IPOs had a collective market valuation exceeding $11 billion, highlighting the team’s ability to identify early investment opportunities.
The Dell Technologies Capital portfolio includes several start-ups currently experiencing growth rates of more than 100 percent and several exceeding $50 million in revenue.
“The real value we bring to Dell Technologies and our startup portfolio companies is through our joint work, which allows us to deliver best-of-breed solutions for our customers faster, especially in emerging tech areas,” Scott Darling, president of Dell Technologies Capital, said.
Dell Technologies Capital’s portfolio companies
Cylance’s, a cyber-security start-up, announced crossing $100 million in trailing 12-month revenues 39 months from the moment its first product was shipped.
Graphcore’s Intelligence Processing Unit (IPU) is the first to be designed specifically for machine intelligence workloads.
Minio’s is the fastest growing open source object storage with over 70 million docker pulls. Enterprises use Minio to build high performance, secure and Amazon S3 compatible private cloud storage.
Moogsoft is a market leader in applying AI to IT operations (AIOps). The company builds AIOps solutions that reduce IT alerts and ticket volumes by up to 99 percent. Moogsoft raised $40 million in Series D financing, led by Goldman Sachs.
RedLock enables cloud threat defense across Amazon Web Services (AWS), Microsoft Azure, and Google Cloud environments. RedLock was a key launch partner for Amazon GuardDuty and Cloud Security Command Center for Google Cloud Platform.