Alfred S. Chuang (simplified Chinese: 庄思浩; traditional Chinese: 莊思浩) is an American business technology executive and venture capitalist. He is the former CEO of BEA Systems.[1] In 2020, he founded Race Capital, a venture fund.

Alfred Chuang
莊思浩
Born
Alfred Sze Ho Chuang

NationalityChinese American
Alma materUniversity of San Francisco (BS)
University of California, Davis (MS)
OccupationGeneral partner of Race Capital
Known forBEA Systems (Chairman, CEO and founder),
Magnet Systems (Chairman)

Early life and education edit

A native of Hong Kong, Chuang graduated from Wah Yan College, Hong Kong, a Roman Catholic all-boys secondary school.

Chuang received a B.S. in computer science from the University of San Francisco and a master's degree in computer science with a specialization in distributed data management from the University of California, Davis.[2] Chuang authored a graduate thesis, "Table-Tabular Data Objects and their Use in Table Editing", concerning relational database development.[2]

Career edit

After receiving his graduate degree from UC Davis, Chuang worked for Sun Microsystems from 1986 to 1994.[2] In early 1995 he co-founded BEA Systems, Inc. and later served as its chairman, CEO, President, CTO and Executive Vice President (EVP) of Worldwide Operations, until it was acquired by Oracle in April 2008 for $8.6 billion.[3]

Since 2008, Chuang has been the founder and CEO of a mobile app server startup called Magnet Systems, Inc.[3] On April 27, 2011, Magnet Systems, Inc. received $12.6 million of financing in their Series A round from investment firm Andreessen Horowitz.[4] In August 2012, Magnet received an extra $47 million in Series B funding from HTC and Andreessen Horowitz.[5]

In 2020 he co-founded Race Capital, a venture fund, and became its general partner.[1][6]

References edit

  1. ^ a b Pimentel, Benjamin (2020-05-27). "The tech pioneer who sold BEA Systems to Oracle for $8.5 billion in a hostile takeover battle just launched a venture fund for startups in the post-COVID-19 world". Business Insider. Archived from the original on 2020-06-06. Retrieved 2020-06-23.
  2. ^ a b c "Alfred Chuang". UC Davis College of Engineering. 2013-10-15. Archived from the original on 2020-06-24. Retrieved 2020-06-24.
  3. ^ a b Delevett, Peter (2012-08-30). "BEA Systems co-founder Alfred Chuang talks up his new startup, Magnet Systems". The Mercury News. Archived from the original on 2020-06-24. Retrieved 2020-06-24.
  4. ^ Gage, Deborah (2011-04-27). "BEA Systems Founder Attracts $13M For Start-Up Magnet Systems". The Wall Street Journal. Archived from the original on 2011-04-30. Retrieved 2020-06-24.
  5. ^ "Money Magnet: Enterprise app platform that got $35.4M from HTC actually closed $47M in funding". Venture Beat. 2012-08-21. Archived from the original on 2017-01-07. Retrieved 2020-06-24.
  6. ^ Schubarth, Cromwell (2020-05-27). "The Funded: Dishcraft Robotics raises $20M to send reusable to-go containers to eateries". Silicon Valley Business Journal. Archived from the original on 2020-06-23. Retrieved 2020-06-23.