Dell Technologies Inc.’s venture capital division has boosted its investments and ambitions since emerging from stealth mode a year ago. Now, after a string of high-profile IPOs, the fund promises a rising pace of exits this year.
DocuSign Inc., MongoDB Inc. and Zscaler Inc.’s initial public offerings, which had a combined market value of $11 billion, may have been most noteworthy, but Dell Technologies Capital had an additional eight exits last year. Expect that number to jump, as several companies in its 81-strong portfolio mature.