Dell Technologies Capital has emerged from stealth today. The venture capital firm has finally announced its presence to the world and presented over 70 investments and 27 exits to boot. The venture capital firm has been steadily investing in around $100 million into startups every year and all that, while in stealth mode.
The firm’s 27 exits have together managed to raise a massive $1.3 Billion. By leveraging the data, R&D support and sales support that the investment fund offers, almost 37 percent of the companies receiving investments from it have managed to exit. Some of the firm’s most notable investments that have managed exits include Nutanix and Joyent.
Nutanix for instance, had its initial public offering last year when it raised $4 Billion. Sure, the company had a sort of reversal in its fortunes and is currently valued in the neighborhood of $2 Billion. The company offered solutions in cloud computing. Joyent on the other hand, was sold to Samsung for a total of $170 million. The company also dealt with cloud computing solutions.
The firm’s investment in cloud is pretty interesting. Google, Microsoft and Amazon are market leaders in the field and are avid investors as well. Dell has not got any particular tentacles out in the field so it could be that cloud startups feel somewhat more comfortable while asking it for investments.
While we don’t know why the company chose to stay in stealth for so long, we can expect it to play a more active role now that it is finally out in the open.
