Dell Technologies Capital
Profile, fund size and portfolio
Dell Technologies Capital is the corporate venture arm of Dell Technologies Inc. (information technology hardware and infrastructure). It was founded in 2012 and is based in Palo Alto, United States. It invests from Seed to Series B in cybersecurity, AI and machine learning, edge and logistics.
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Seed to Series B |
| Sectors | Cybersecurity, AI and machine learning, Edge and logistics, Data and analytics, Developer tools, Infrastructure |
| Geography | North America, Middle East and Africa, Europe (Portfolio companies by region, from the firm's portfolio page) |
| Offices | Palo Alto, United States |
Sources: S4 Dell Technologies Capital companies (4 paged Webflow list, 154 entries); S1 Dell Technologies Capital home.
Data behind this graphic
| Item | Companies | Share |
|---|---|---|
| Infrastructure | 64 | 24.7% |
| AI | 51 | 19.7% |
| Cybersecurity | 45 | 17.4% |
| Enterprise Software | 42 | 16.2% |
| Data | 25 | 9.7% |
| Developer-first | 18 | 6.9% |
| Silicon | 9 | 3.5% |
| Logistics | 5 | 1.9% |
A company can carry more than one tag
Sources: S4 Dell Technologies Capital companies (4 paged Webflow list, 154 entries).
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | USD 1.8bn+ | Cumulative invested | Stated by the firm or its parent | S1 |
| Companies backed | 154 | companies | Stated by the firm | S4 |
| Companies on the firm's portfolio page | 153 | companies | Counted from the firm's own list | S4 |
Sources: S1 Dell Technologies Capital home; S4 Dell Technologies Capital companies (4 paged Webflow list, 154 entries).
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | Dell Technologies Inc. | Single source | S9 |
| Parent industry | Information technology hardware and infrastructure | Single source | S9 |
| Founded | 2012 | Single source | S2 |
| Headquarters | Palo Alto, United States | Single source | S2 |
| Status | Active | Single source | S1 |
| Headline size | USD 1.8bn+ (Cumulative invested) | Single source | S1 |
| Companies backed | 154 | Single source | S4 |
| Stages | Seed, Series A, Series B | Single source | S4 |
Investments by year
Portfolio
The firm's portfolio page lists 153 companies: 81 exited, 72 active.S4
| Tag | Companies | Share |
|---|---|---|
| Exited | 81 | 52.9% |
| Active | 72 | 47.1% |
| Tag | Companies | Share |
|---|---|---|
| Infrastructure | 64 | 41.8% |
| AI | 51 | 33.3% |
| Cybersecurity | 45 | 29.4% |
| Enterprise Software | 42 | 27.5% |
| Data | 25 | 16.3% |
| Developer-first | 18 | 11.8% |
| Silicon | 9 | 5.9% |
| Logistics | 5 | 3.3% |
Every company on the Dell Technologies Capital list
153 companies, as listed on the firm's own website: 81 exited, 72 active.S4 Read the firm's list.
Exited 81
- Adallom
- Agari
- Alpine Data
- Altiscale
- Apteligent
- Arista
- Arkin
- Augtera
- BabbleLabs
- Barefoot Networks
- BastionZero
- Big Switch Networks
- Bluebox
- Bluedata
- CliQr
- CloudEndure
- Cloudknox
- Cloudlink
- Clovyr
- Cylance
- Cyphort
- Cyvera
- Dassana
- Datometry
- DocuSign
- DSSD
- Elastifile
- Entro Security
- FogHorn Systems
- Fungible
- Graphcore
- Guardicore
- Humio
- Iguazio Systems
- Invincea
- JASK
- Jfrog
- Lastline
- LayerX
- Lightspin
- Maginatics
- MongoDB
- Moogsoft
- Nantero
- Nasuni
- Netskope
- NetSpring
- Nexenta
- NodePrime
- NS1
- Nutanix
- Nuvia
- Orion Labs
- Otonomo
- Oxeye
- Packet
- Piston
- Provino
- RedLock
- Regrello
- Remediant
- Reshuffle
- RichRelevance
- RiskLens
- RiskRecon
- Rivos
- RunPod
- ScaleiO
- Sightfull
- Soluble
- Spanning
- Swish
- TheLoops
- TwistLock
- UpThere
- Vdoo
- WaveFront
- Xometry
- XtremIO
- ZingBox
- Zscaler
Active 72
- Aidaptive
- AITAN
- Akka
- Alation
- Appdome
- AppMap
- Archipelo
- Aria Systems
- Ascerta
- Auditoria
- Augment
- Bland.ai
- Bodo
- Calamu
- Cartesia
- Cequence
- Cloud 66
- CUE Labs
- Cymulate
- Daybreak
- Descope
- Distyl
- Domino Data Lab
- DoubleAI
- Druva
- Endor Labs
- Exotec
- Faction
- Flexor
- FloLIVE
- Fly.io
- FullStory
- G2RL
- Halcyon
- Ibex
- Immuta
- IOTech
- LakeFS
- Lightbits Labs
- Limitless Labs
- MavenAGI
- MaxIQ
- MinIO
- Mirantis
- Oloid
- OpenObserve
- OpsMx
- Pecan
- Prime Intellect
- Quali
- Quantum Source
- Redis
- Savant Labs
- Secuvy
- Series.ai
- SiLC
- SiMa.ai
- SingleStore
- Singulr AI
- Skan AI
- Striim
- SuperAnnotate
- Sycamore
- Tag-N-Trac
- Terra Security
- Tetrate.io
- Toka
- Twine
- VanishID
- VAST Data
- Yugabyte
- Zingly
Notable outcomes
IPOs and acquisitions of portfolio companies. Price shown only where published.
| Company | Type | Year | Acquirer or exchange | Price | Source |
|---|---|---|---|---|---|
| Adallom | Acquisition | Microsoft | S4 | ||
| Agari | Acquisition | Help Systems | S4 | ||
| Alpine Data | Acquisition | TIBCO Software | S4 | ||
| Altiscale | Acquisition | SAP | S4 | ||
| Apteligent | Acquisition | VMware | S4 | ||
| Arista | IPO | NYSE: ANET | S4 | ||
| Arkin | Acquisition | VMware | S4 | ||
| Augtera | Acquisition | Nvidia | S4 | ||
| BabbleLabs | Acquisition | Cisco Systems | S4 | ||
| Barefoot Networks | Acquisition | Intel | S4 | ||
| BastionZero | Acquisition | Cloudflare in 2024 | S4 | ||
| Big Switch Networks | Acquisition | Arista | S4 | ||
| Bluebox | Acquisition | IBM | S4 | ||
| CliQr | Acquisition | Cisco Systems | S4 | ||
| Cloudknox | Acquisition | Microsoft | S4 |
For founders
Recent rounds
| Date | Company | Round | Amount | Led by the firm | Source |
|---|---|---|---|---|---|
| 2026-07-08 | Prime Intellect | Series A | USD 130M | S5 |
History
- Joe Tucci and Pat Gelsinger bring in Scott Darling to form EMC Ventures in Palo Alto; first investment Zscaler.S2
- Team expands to Israel; USD 100M invested to date.S2
- Dell acquires EMC; the team becomes Dell Technologies Capital.S2
- 8 May 2017: emerges from stealth with over 70 investments.S7
- USD 500M invested to date; Zscaler IPO.S2
- Passes USD 1B invested.S2
- Netskope IPO; Rivos acquired by Meta.S2
- 8 Jul 2026: Prime Intellect USD 130M Series A.S5
Where sources disagree
- Ipo count: 10 IPOs (home page stat block) (S1) vs Nine of those companies have gone public (About and home page text) (S2) vs 9 portfolio entries tagged with an exchange ticker on /companies (S4). Published figures differ.S1S2S4
- Cumulative invested: $1.8B+ invested to date (home page stat) (S1) vs more than $1.7B (home page FAQ text, per earlier profile) (S1). Two cumulative figures on the same page.S1S1
Official pages
Read the firm's own pages for current information.
- Website www.delltechnologiescapital.com
- Portfolio www.delltechnologiescapital.com/companies
- LinkedIn company page www.linkedin.com/company/delltechcapital/
Sources
- S1Dell Technologies Capital homeFirm
- S2Dell Technologies Capital AboutFirm
- S3Dell Technologies Capital teamFirm
- S4Dell Technologies Capital companies (4 paged Webflow list, 154 entries)Firm
- S5Dell Technologies Capital: Prime Intellect post (8 Jul 2026)Firm
- S7TechCrunch: Dell Technologies Capital emerges from stealth (8 May 2017)Press
- S9SEC EDGAR submissions: Dell Technologies Inc (CIK 1571996)Filing
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by Dell Technologies Capital or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
Spotted a mistake? Report a correction.