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David Richards (businessman)

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David Richards
Born (1970-11-13) 13 November 1970 (age 53)
NationalityBritish & American
Alma mater
Known forFounder & CEO WANdisco PLC
SpouseJane Richards
ChildrenHarry Richards, Poppy Richards
Scientific career
Fields
Institutions

David James Richards is a Silicon Valley entrepreneur and technology executive. He currently serves as the co-founder and CEO of WANdisco, an Anglo-American software company specialising in distributed computing.[1]

Biography

He was born in Sheffield,[2] England in 1970, where his father worked in the steel industry. Graduating with a degree in computer science from the University of Huddersfield in 1992, he became an early member of the team at Druid Group.[3]

In the mid-1990s, Richards formed a SAP consulting company, which he sold in the late 1998 and moved to Silicon Valley. Raising $25m from venture capital, he founded business software company Insevo before creating Librados, which was acquired by Netmanage in 2004.[4]

WANdisco was incorporated in 2005 after a chance meeting between Richards and WANdisco chief scientist, Dr. Yeturu Aahlad. Richards recognized the potential of Aahlad's invention, and the two decided to create a company without the use of venture capital or angel investors.[5] In June 2012, the company was floated on the London Stock Exchange.[3]

Philanthropy

In 2017, Richards and his wife Jane donated stock valued at $1.5 million to create the charitable David and Jane Richards Family Foundation[6] to educate, empower and improve the lives of children.[7]

Richards cited frustration at the UK Government's efforts to teach computing skills to schoolchildren and consequently a lack of adequate skills in a future economy where artificial intelligence and automation are prevalent. He said "You can’t have all this money and hold on to it or buy a football team. There’s only so many houses you can live in. I think it’s better to do something good for the world."[8]

Awards and honours

Richards was awarded an honorary doctorate from Sheffield Hallam University (2017) in recognition of him being a champion of British technology and a passionate advocate of entrepreneurship.[9]

References

  1. ^ a b c d e "From Sheffield son to Silicon Valley multimillionaire". BBC News. London. 16 February 2014. Retrieved 16 February 2014.
  2. ^ Hurley, James (5 February 2012). "Steel City son David Richards stands out from Silicon crowd with a 'Made in Sheffield' twist". The Telegraph. London. Retrieved 16 February 2014. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  3. ^ a b "Happy to swim against the tide". Financial Times. London. 1 January 2013. Retrieved 16 February 2014.
  4. ^ "NetManage to acquire Librados". Silicon Valley Business Journal. Cupertino, CA. 22 September 2004. Retrieved 16 February 2014.
  5. ^ "Man of Steel". Director Magazine. London. 1 February 2013. Retrieved 22 February 2014.
  6. ^ "Sheffield tech tycoon donates £1.1m for computer skills in schools". The Star. Sheffield. Retrieved February 24, 2018. {{cite news}}: Cite has empty unknown parameter: |dead-url= (help)
  7. ^ "Our Purpose". The David and Jane Richards Family Foundation. Retrieved February 24, 2018.
  8. ^ "Sheffield-born tech tycoon provides boost for computer science in schools". The Yorkshire Post. Retrieved February 24, 2018.
  9. ^ "Inspirational figures set to receive honorary doctorates". Sheffield Hallam University Online. 20 October 2017. Retrieved 26 November 2017.

External links