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News and Information Article
Experienced industry executive strengthens Accels depth in the mobile and
broadband communications space
PALO ALTO, Calif., Feb. 5 // -- Accel Partners, a leading
Silicon Valley venture firm, today announced the addition of Richard Wong
as a Partner in the Palo Alto office. Rich has significant entrepreneurial
and general management experience, and deep knowledge in the mobile and
broadband software markets. In particular, he will add to Accels expertise
and focus on investments in the mobile and convergence software categories.
"Rich is a true impact player and were delighted to have him join our
team" said Accel General Partner Peter Wagner. "Rich is well-known for his
thought leadership in the mobile industry. His track record and insight
into the mobile, broadband and messaging spaces will help extend Accels
leading investment franchise in these key areas."
"Accel has a long history in mobile and wireless communications," said
Rich Wong, "It is particularly exciting to join a partnership with such
deep experience, and a global footprint in technology investments". Some of
the firms investments in mobile and wireless include MetroPCS (currently
in registration for its IPO) and Airgo Networks (recently acquired by
Qualcomm), as well as earlier successes at Corsair (IPO in 1997) and
PageMart Wireless (IPO in 1996). The current Accel mobile/wireless
portfolio features emerging leaders such as Amobee, Carrier IQ, Discretix,
Icera, Medio, SurfKitchen, Telepo, The Cloud, Trapeze Networks, Ubiquisys,
Volantis, and others. Accel pursues the mobile/wireless opportunity set on
a global basis, with partners based in Silicon Valley, London, and China.
Rich brings over 15 years of technology experience to Accel Partners in
mobile, broadband, messaging, and security software.
Prior to Accel, Rich was SVP/GM of Products at Openwave. In this
capacity, Rich launched several of Openwaves most successful products in
security, messaging and location-services areas. Rich was previously SVP/GM
of Messaging, and Chief Marketing Officer. While at Openwave, Rich founded
and chaired the Messaging Anti-Abuse Working Group, a consortium of ISPs
and technology providers working together to combat internet abuse.
(http://www.maawg.org)
Previously Rich was the Chief Marketing Officer and EVP/GM of
Value-Added Services at Covad Communications, the DSL provider. Preceding
Covad, he was a management consultant for McKinsey & Company, focusing on
software and consumer technology. Rich started his career as a Brand
Manager at Procter & Gamble.
Rich holds a B.S. in Materials Science and Engineering from the
Massachusetts Institute of Technology and received his MBA from the MIT
Sloan School of Management. Rich remains active as Executive VP of the MIT
Club of Northern California, and board member of the MIT CNC
Entrepreneurship Program, and the CTIA Wireless Internet Caucus Leadership
Board.
About Accel Partners
Accel was established in 1983 with offices in Palo Alto, California and
London, as well as in China via the Accel-IDG partnership. Accel Partners
(http://www.accel.com) has a history of excellence and innovation in venture
capital. With over $3 billion under management, Accel has helped
world-class internet and technology entrepreneurs build over 300 successful
companies, many of which have become category-defining enterprises.
Example Accel investments have included: Actuate, Agile Software,
Airgo, Arrowpoint, BBN Technologies, BitTorrent, Brightcove, Brightmail,
ComScore, Facebook, Foundry Networks, Glam Media, Interwoven, JBoss, Kayak,
Macromedia, Medio Systems, MetroPCS, Netopia, Northpoint, Omneon Video
Networks, PictureTel, Polycom, Portal Software, Realnetworks, Redback,
Remedy, Riverbed, SupportSoft, Tellium, Trapeze Networks, UUNet, Veritas,
Walmart.com, Webroot, Wily Technology and Zimbra, among others.
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