Why Dell Technologies is investing in these 5 startups? Click to know

The venture investment arm of Dell Technologies, Dell Technologies Capital has seen strong investment momentum one year after coming out of stealth.

The venture investment arm of , Capital has seen strong investment momentum one year after coming out of stealth. From May 2017 to April 2018, the investment team completed 24 new and follow-on investments as part of its $100 million average annual investment run rate. Since 2012, Capital has made 81 investments focused on early-stage startups that span a broad range of areas. The venture team had 11 exits in the past year including three unicorn IPOs worth more than $11 billion. 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 family of companies. Following are the five startups on which Dell Technologies is banking high.

1. Cylance

Cylance’s is one of the industry’s leading cybersecurity startups. It has announced crossing $100 million in trailing 12-month GAAP revenues just 39 months from the moment its first product was shipped.

2. Graphcore

Graphcore’s Intelligence Processing Unit (IPU) is the first to be designed specifically for machine intelligence workloads.

3. Minio

Minio is one the fastest growing open source object storage with over 70 million docker pulls.

4. Moogsoft

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% so that teams can work faster and smarter to deliver better customer experiences.

5. RedLock

RedLock enables effective cloud threat defense across Amazon Web Services (AWS), Microsoft Azure, and Google Cloud environments.