Business

Dell Ventures to invest $300 mn for innovation

PNS

Dell Ventures, the investment arm of technology giant Dell, on Friday announced a $300 million fund to invest in early stage companies working on emerging technologies like cloud computing, big data, security and mobility.

The 'Strategic Innovation Venture Fund' will enable Dell to invest in early-to-growth-stage companies in emerging technology areas including storage, cloud computing, big data, next-generation data centre, security and mobility, Dell said in a statement.