Dell Technologies Capital

Dell Technologies Capital, or DTC, has operated as Dell's venture team since 2012, when Scott Darling founded the practice inside EMC before Dell's acquisition folded it into Dell Technologies. DTC's model is explicitly hands-on: alongside capital, portfolio companies get pricing analysis, go-to-market support, customer introductions, and direct access to Dell's family of businesses - Dell, Dell EMC, VMware, Pivotal, and SecureWorks. That approach has produced an unusually deep IPO track record for a corporate venture arm: DTC was the first institutional investor in Zscaler, and its 143 investments since 2012 have produced 65 M&A exits and 9 IPOs, including Arista, DocuSign, JFrog, MongoDB, Nutanix, SumoLogic, and Zscaler, together worth more than $160 billion in combined market value.

$1.8B+ invested to date AUM 77/100 Power Score™ 2012 Founded Palo Alto, CA
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Signature Exit

JFrog's September 2020 Nasdaq IPO - DTC published a case study celebrating the DevOps company's public debut, part of a run of exits including Arista, DocuSign, MongoDB, Nutanix, SumoLogic, and Zscaler that generated more than $160 billion in combined market value

Key Partners & Leadership

Founding Partner & President
Managing Director

Firm Timeline

2012
Scott Darling founds DTC's venture practice inside EMC, expanding to Boston and then Israel within its first two years.
2016
Dell's acquisition of EMC folds the practice into Dell Technologies Capital.
2018
Zscaler, where DTC was the first institutional investor, goes public in March.
2020
JFrog goes public on the Nasdaq in September.
2026
DTC's cumulative track record reaches 143 investments, 65 M&A exits, and 9 IPOs since 2012.

Notable Public Portfolio Companies