Peter Chung Overview

  • Primary Position
  • Chief Executive...

  • Primary Industry
  • Information Technology

  • Active Board Seats
  • 8

  • Med. Deal Size

  • Med. Valuation

Peter Chung General Information

Biography

Mr. Peter Chung serves as Chief Executive Officer & Managing Director at Summit Partners. He serves as a Board Member at HyperLight and MACOM Technology Solutions. He serves as Board Director at A10 Networks and Syndigo. He served as Board Director at ADVA Optical Networking. He served as an Advisor at CrossLead. He also serves as a Board Member at Sound Physicians and Empowers RF Systems. He also served as a Board Member at Trident University International. He serves as the Board Member of the National Venture Capital Association. He joined Summit Partners in 1994 and focuses primarily on the technology sector. Peter has invested in more than 30 companies including 18 currently or formerly publicly-traded companies. He is currently a director of A10 Networks (NYSE: ATEN), Empower RF Systems, MACOM (NASDAQ: MTSI), Sound Physicians, Striim, and Syndigo. His previous board and investment experience includes E-TEK Dynamics (NASDAQ: ETEK, later merged with JDS Uniphase in a transaction valued at over $18 billion), Acacia Communications (NASDAQ: ACIA, later acquired by Cisco), AltoCom (acquired by Broadcom), Card Capture Services (acquired by E*Trade), Ditech Networks (NASDAQ: DITC, later acquired by Nuance Communications), Finisar (NASDAQ: FNSR, later acquired by II-VI), GoldenGate Software (acquired by Oracle Corporation), NightHawk Radiology (NASDAQ: NHWK, later acquired by Virtual Radiologic), Parts Town, SeaBright Insurance (NYSE: SBX, later acquired by Enstar Group Limited), Sirenza Microdevices (NASDAQ: SMDI, later acquired by RF Micro Devices) and Splash Technology (NASDAQ: SPLH, later acquired by Electronics for Imaging).

Contact Information

Primary Position
Chief Executive Officer & Managing Director, Summit Partners
Education
Stanford University, MBA (Master of Business Administration)
Harvard University, BA (Bachelor of Arts)
Gender
Male
Email
pc
Phone
+1 (650)
Address
  • 200 Middlefield Road
  • Suite 200
  • Menlo Park, CA 94025
  • United States
+1 (650)

Peter Chung Positions (1)

Firm name Firm type Title Location Industry Since
Summit Partners Investor Chief Executive Officer & Managing Director Boston, MA PE/Buyout

Peter Chung Board Seats (8)

Company Industry Ownership Status Financing Status Location Since
A10 Networks Network Management Software Publicly Held Formerly VC-backed San Jose, CA
Empower RF Systems Electrical Equipment Privately Held (backing) Private Equity-Backed Inglewood, CA
HyperLight Application Specific Semiconductors Privately Held (backing) Venture Capital-Backed Cambridge, MA
MACOM Technology Solutions General Purpose Semiconductors Publicly Held Formerly PE-Backed Lowell, MA
National Venture Capital Association Other Commercial Services Privately Held (no backing) Corporation Washington, DC

Peter Chung Lead Partner on Deals (21)

Peter Chung has been the lead partner on 21 deals. Their latest deal was with HyperLight, a application specific semiconductors company. The deal was made for on 23-Sep-2024.

Company Deal Date Deal Type Deal Size Deal Status Industry Location
HyperLight 23-Sep-2024 Later Stage VC (Series B) Completed Application Specific Semiconductors Cambridge, MA
Striim 31-Mar-2021 Completed Business/Productivity Software Palo Alto, CA
Striim 22-Mar-2016 Completed Business/Productivity Software Palo Alto, CA
A10 Networks 27-Jun-2013 Completed Network Management Software San Jose, CA
Striim 22-May-2013 Completed Business/Productivity Software Palo Alto, CA
Acacia Communications 18-Apr-2013 Completed Connectivity Products Maynard, MA
Empower RF Systems 05-Jun-2012 Completed Electrical Equipment Inglewood, CA
MACOM Technology Solutions 11-Jan-2011 Completed General Purpose Semiconductors Lowell, MA
Mimix Broadband 02-Jun-2010 Buyout/LBO Completed Application Specific Semiconductors Houston, TX
Announce Media 21-Dec-2007 Buyout/LBO Completed Media and Information Services (B2B) University City, MO

Peter Chung Network (324)

Board Members (178)

Name Company Representing Location From
Marko Loncar Ph.D HyperLight HyperLight Cambridge, MA
Greg Goldfarb Winshuttle Summit Partners Bothell, WA
GoldenGate Software Summit Partners San Francisco, CA
Ubiquiti Summit Partners New York, NY
Sirenza Microdevices Self Broomfield, CO

Portfolio Executives (98)

Name Company Role Deal date Location
Marko Loncar Ph.D HyperLight Co-Founder, Chief Scientific Advisor& Board Member 23-Sep-2024 Cambridge, MA
Mian Zhang HyperLight Co-Founder, Chief Executive Officer, Board Member & President 23-Sep-2024 Cambridge, MA
HyperLight Co-Founder & Chief Executive Officer 23-Sep-2024 Cambridge, MA
HyperLight Co-Founder & Head of Product 23-Sep-2024 Cambridge, MA
HyperLight Co-Founder & Head of Technology Development 23-Sep-2024 Cambridge, MA

Fund Team Members (48)

Name Investor Fund Fund Location
Greg Goldfarb Summit Partners Summit Partners Venture Capital Fund III Boston, MA
Greg Goldfarb Summit Partners Summit Subordinated Debt Fund III Boston, MA
Summit Partners Boston, MA
Summit Partners Boston, MA
Summit Partners Boston, MA

Peter Chung Affiliated Funds (10)

Fund Investor Fund Type Status Vintage Size Dry Powder IRR IRR Quartile
Summit Partners Venture Capital Fund III Summit Partners Venture - General Closed 2012
Summit Subordinated Debt Fund II Summit Partners Mezzanine Liquidated 1997
Summit Ventures VI Summit Partners Venture - General Fully Invested 2001
Summit Ventures IV Summit Partners Venture - General Liquidated 1995
Summit Subordinated Debt Fund III Summit Partners Mezzanine Closed 2004

Peter Chung FAQs

  • Who is Peter Chung?

    Mr. Peter Chung serves as Chief Executive Officer & Managing Director at Summit Partners.

  • How much does Peter Chung typically invest?

    Peter Chung's median deal size is .

  • What is Peter Chung’s main position?

    Peter Chung’s primary position is Chief Executive Officer & Managing Director.

  • What are the contact details for Peter Chung?

    Peter Chung’s email address is pc and his phone number is +1 (650) .

  • How many active board seats does Peter Chung hold?

    Peter Chung holds 8 board seats including A10 Networks, Empower RF Systems, HyperLight, MACOM Technology Solutions, and National Venture Capital Association.

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