Dell Ventures has ramped up its commitment to corporate venturing by establishing a $300m Strategic Innovation Venture Fund focused on storage, cloud computing, big data, data centres, security and mobility.
Dell Ventures, Dell’s strategic investment arm, has ramped up its commitment to corporate venturing by establishing a $300m Strategic Innovation Venture Fund. The new fund incorporates Dell’s existing $60m Dell Fluid Data Storage Fund – established in 2012 – while the scope of investments, as well as the existing focus on storage, has been broadened to include cloud computing, big data, data centres, security and mobility.
The fund is headed by Jim Lussier, Managing Director of Dell Ventures, who joined…
