Paul Chen (businessman)
Paul Chen is a Canadian entrepreneur based in Toronto, founder of two technology companies, FloNetwork and Fortiva.[1][2]
Chen has a Bachelor of Applied Science in Electrical Engineering from the University of Toronto. In his early career, he held senior development positions with IBM, Honeywell and Bell-Northern Research. He founded FloNetwork. in 1993, serving as Chief Executive Officer and Chief Technology Officer. After raising over $30M from high-profile venture capital firms such as McLean Watson Capital, Ventures West and the Ontario Teachers' Pension Plan, Chen was instrumental in selling the business in 2001 to DoubleClick (now owned by Google) for $80M.[3][4] Following his exit from FloNetwork, Chen served as an Entrepreneur in Residence at McLean Watson Capital. He launched the email archiving service Fortiva in 2005. As CEO, Chen helped to establish The Electronic Communications Compliance Council (TE3C).[5] Fortiva grew as a leader in the "Software as a service" email archiving space before being acquired in 2008 by Proofpoint.[6][7][8]
References
- ^ "Secrets of Serial Entrepreneurs". Archived from the original on 2011-07-24. Retrieved 2010-04-15.
- ^ Lightning strikes twice Archived 2010-08-23 at the Wayback Machine
- ^ "Company News; Doubleclick, An Online Advertiser, Adds Flonetwork - The New York Times". The New York Times. 2001-02-24. Retrieved 2017-12-26.
- ^ "DoubleClick to fortify e-mail marketing - CNET". News.cnet.com. Retrieved 2017-12-26.
- ^ "New Council Gives Guidance on Electronic Communications Compliance - Wall Street & Technology". Financetech.com. Retrieved 2017-12-26.
- ^ "Fortiva Receives $8M Funding". Archived from the original on 2011-06-07. Retrieved 2010-04-13.
- ^ "Yaletown Venture Partners". Archived from the original on 2008-04-24. Retrieved 2010-04-15.
- ^ "Proofpoint acquires Fortiva". Archived from the original on 2011-06-13. Retrieved 2010-04-15.