Peter Chung Overview
- Firm
- Summit Partners
- Primary Position
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Chief Executive...
- Primary Industry
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Information Technology
- Active Board Seats
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8
- Med. Deal Size
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- Med. Valuation
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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
Address
- 200 Middlefield Road
- Suite 200
- Menlo Park, CA 94025
- United States
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 |
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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
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Who is Peter Chung?
Mr. Peter Chung serves as Chief Executive Officer & Managing Director at Summit Partners.
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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.
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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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