Steve Fu

Partner

2017 - Current

WRVI Capital is an US venture fund actively investing in leading edge technology startups from semiconductor, to systems to software. I am focusing on cloud and edge computing, machine learning and sensor driven applications. Walden PE is a cross-border private equity fund investing in growth stage and mature technology companies. We heavily leverage our operational experience and executional capabilities to assist companies maximize their value through restructuring and operational optimization. We believe the world is flat when it comes to technology and innovation can come from everywhere. Current board and advisory: Percipient.AI, DSP Concept, Kateeva, Analogix, Spintrol, Aquantia, Fungible, Innovium, CNEX Lab, MIPS

SVP, Chief Strategy Officer

2015 - 2016

New business incubation including Cloud and Integrated Power Corporate device and process development group Strategic planning and new product pipeline Restructuring, M&A, investments and partnerships

VP Strategy

2013 - 2015

Focusing on emerging market and technology disruptions to drive corporate strategy formulation and execution via M&A, strategic partnerships, licensing, investments and restructuring

Executive Director of Corporate Development

2008 - 2012

Development of corporate strategy relative to M&A, strategic investments and partnerships Having a great time working at Maxim with a great group of engineers, business builders, thinkers and team players. I am loving it and the best part is that we are making a difference.

Founder/CEO

2008 - 2009

Incubation of a startup focused on cloud virtualization challenges relative to the blending of machine, network and storage orchestration. The basic concept of VirNet was to transparently, rapidly and securely move workload between enterprise datacenters optimized to reducing overall cost and to enhancing reliability of operations. I shelved VirNet because of bad timing and inability to raise capital during the peak of recession, but it was a great learning experience for me talking to top tier customers, understanding their requirement and building a prototype.

Strategic Advisor

2008 - 2009

RingCube delivers workspace virtualization, kind of like application virtualization on steroids.

Strategic Advisor

2008 - 2009

Create product and business structure of how Woven Systems' low latency and high density 10GbE datacener switches can blend with server virtualization systems via ease of management and provisioning.

Strategic Consultant

2008 - 2009

Wanova is an innovative hybrid desktop virtualization company that is revolutionalizing the way enterprise desktop management, solution and services can be delivered from the datacenter. I worked with founders on product and partnership strategy.

Group Manager, Corporate and Market Development, Desktop

2007 - 2008

• Established executive and board-level buy-in for enterprise desktop business plan to drive 25% of total VMware revenue in 5 years. Desktop has become the top initiative of VMware. • Defined detailed partnership programs for Cisco investment into VMware • Proposed and led the execution and integration of technology acquisitions and partnership programs • An example is Thinstall, now market leading VMware ThinApp, which is different from VMware traditional machine virtualization but compatible and synergistic to VMware in the desktop virtualization architecture which requires lighter weight and cost effective systems

Corporate Strategy and Development

1996 - 2007

Leveraging my intuition with regards to disruptive technology and my vision to future applications and associated advantages in blending these disruption with high-volume Cisco product and technology platforms, I led technology and business diligence, strategic investments, acquisition and exits of the following companies (to date none of the investments have resulted in lost of capital and aggregate ROI of greater than 4X): • SiByte: Highly integrated processor (Acquired by Broadcom for ~$800 Million) • QED: Network control plane processor (IPO and acquired by PMCS) • Specular: 10Gb custom switch IC (acquired by Juniper) • Quake: 10Gb optical module IC (acquired by AMCC) • Cortina: 10Gb integrated port ASICs (preparation for IPO) • Fiberxon: low cost optical modules and G/EPON based in China (acquired by MRV) • Equator: innovative video codec IC (acquired by Pixelworks) • AlChip: IC design service focusing on high complexity consumer segment based in China (preparation for IPO) • Spanslogic: disruptive TCAM technology (acquired by Cisco) • Analogix: high-speed consumer interface IC company based in China (profitable) • Broadware: highly scalable video surveillance management and storage system (acquired by Cisco) • Aquantia: 10GbE copper phy IC (ramping) • Ambow: China professional education content and delivery platform (ramping and pre-IPO) • ZeroG: low power and cost CMOS integrated RF+baseband IC (acquired by Microchip) • China Communications Services (SEHK: 552) subsidiary of • China Telecom providing telecommunication infrastructure service (IPO) • PA Semi: low power highly integrated processors (invested when company was struggling for capital, later acquired by Apple) • Vmware: market leading virtualization platform ($150M invested, joined company and IPO)

Fault Tolerant Processor Designer

1990 - 1992