Mr. Fung has more than sixteen years of experience in venture capital investing, and more than 26 years of experience with emerging and established technology companies. Mr. Fung is an accredited venture investor, and Managing Director of FarSight Ventures, a venture capital fund (in formation) that focuses on investments in the Technology, Media and Communications (TMC) sectors in the United States and the Greater China region.

Mr. Fung was recently a Managing Director at Zero Stage Capital where he worked between 1992 and 2004. At Zero Stage Capital, he led investments in software, IT infrastructure, communications and Internet companies. Previously, he was with Advent International between 1990 and 1992, where he worked in the Far East Group and invested in opportunities that had direct relevance to Asia. Before becoming a venture capitalist, he held software engineering and product management positions at venture-backed Teradata Corporation (now part of NCR Corporation: NYSE:NCR) during its formative stage, and sales and marketing position at IBM Corporation (NYSE:IBM).

As a venture capitalist, Mr. Fung led investments in SystemSoft Corporation, Infonautics, Inc., 24/7 Real Media, Inc., About, Inc., Be, Inc., RoweCom, Inc., and Silknet Software, Inc., which had had successful initial public offerings in the US NASDAQ market. Mr. Fung also led investments in Waypoint Software, Inc. (acquired by Open Market, Inc.), Xynetix Design Systems, Inc. (acquired by Avant! Corporation), and Smartshop (acquired by CNet Networks, Inc.).

Mr. Fung is on the judging panel of numerous business plan contests, including the prestigious MIT $100K Entrepreneurship Competition (which he co-founded in 1989) and the Harvard Business School Business Plan Contest. Mr. Fung serves on the Investment Committee of the University of Massachusetts Foundation, Inc.

Mr. Fung earned a BS (Summa Cum Laude) in Computer Systems Engineering, from the University of Massachusetts, Amherst, an MS in Computer Science from UCLA, and an SM in Management from the MIT Sloan School of Management. At MIT Sloan School, he completed his Master’s Thesis “Venture Capital in the Far East: A Comparative Study” in May 1990.
Mr. Fung was born and raised in Hong Kong, and resides in the United States.
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