Dell Launching $60M Fund To Invest In Storage Startups

Dell founder and CEO Michael Dell just announced that the company will be launching a $60 million fund to invest in storage startups. Dell, who was speaking at the Fortune Brainstorm Tech conference in Aspen, noted that big data is a hot category right now, and he said and it's been a "huge area" for his company too. At the same time, he said there's an "enormous opportunity" for new companies ? as he elaborated, he focused less on pure storage, and instead on helping companies (especially those with less than 10,000 people) accessing and using in real-time "the huge quantities of data" that they're already storing.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/WkX4oaMEXwQ/

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