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Perry Wu

Serial Entrepreneur / Venture Investor

San Francisco Bay Area

Overview 

Perry Wu is a serial entrepreneur and venture investor based in the San Francisco Bay Area, with significant experience in founding and advising successful startups. Notable highlights include co-founding ContentGroove, serving as a General Partner at AI Fund, and holding advisory roles at ESO Alpha Fund and Western Digital. With a background in founding and leading companies like BitGravity and Persist Technologies, Perry Wu has also contributed to the tech industry through roles at ComVentures and Bedrock Capital, showcasing a strong track record in entrepreneurship and strategic investments.

Work Experience 

  • Co-Founder and Chairman

    2021 - 2024

    Early generative AI product for automating the process of editing video and creating social media.

  • Venture Partner

    2023 - 2024

    Partnered with ESO Fund to test the waters on a new investment fund.

  • General Partner

    2020 - 2022

    AI Fund is a venture capital firm backed by Sequoia, Greylock, and NEA and focused on Incubating and funding pre-seed/seed stage Artificial Intelligence companies. One of two General Partners, managing a $175M fund. Made investments in and acted as board member/advisor to a dozen infrastructure and application startups.

AI Fund is a VC firm made up of AI pioneers, operators, entrepreneurs, and investors, supported by LPs such as NEA, Sequoia and Greylock.

  • Advisor/Angel Investor

    2014 - 2020

    Advisor/Board Member/ Angel Investor in over a dozen early stage companies in the areas of big data, cloud and wireless infrastructure, application, and autonomous driving. Acquisitions by Cloudera, Microsoft, Opentext, and Roblox.

  • Senior Advisor, Office of the CEO

    2014 - 2017

    Recruited by President and CFO to help with inorganic growth strategy. Executed venture investments, advised portfolio companies, helped turn around $2.1B consumer products division, created new cold storage division, China JV, and assisted with acquisitions.

Western Digital helps customers capture, preserve, access, and transform an ever-increasing diversity of data.

Raised $901,367,000.00 from Apollo, Elliott Investment Management and Tsinghua Unisplendour Venture Capital.

  • Founder, CEO, & CPO

    2007 - 2013

    BitGravity was the pioneer of and leader in broadcast quality Internet video across the Internet. The company was responsible for ensuring live and on-demand video delivery for YouTube, Vimeo, CNBC, NBC, CBS, Disney, WSJ, Bloomberg, Formula1, and 19 Entertainment (American Idol) to name a few. Conceived, led, and bootstrapped company to over 3000 customers, 22 datacenters around the globe, doubling revenue every year. Accolades included LightReading’s Best New Service of the Year, Demo’s DemoGod, Redherring's Best Startup, and OnHollywood's Top 100 Private Companies. ACQUIRED BY TATA COMMUNICATIONS

  • General Partner / Managing Member

    2001 - 2006

    ComVentures is a top-tier venture capital firm with over $1.5 billion under management that focuses on investing in early-stage communications and Internet companies. The partnership has led investments in over 100 private, technology startups spanning semiconductors, Cloud and enterprise infrastructure, systems, software and Internet services, and applications, resulting in the creation of numerous industry leading companies. One of five general partners, focused on software investments.

  • Co-Founder and Interim CEO

    2001 - 2002

    One of the first Cloud storage services. Targeted companies with high volumes of long-tail reference material that required a lower-cost, highly accessible, easy-to-use storage solution. ACQUIRED BY HEWLETT PACKARD

  • Partner

    1999 - 2000

    One of two IT investors, deploying a $120M first-time fund into early-stage communications and software investments. Our investments resulted in 200+% net IRR to investors.

  • Director Product Management

    1995 - 1998

    Mpath / Hearme was the leading, low-latency network, enabling leading services in multiplayer gaming and VOIP. Ran product management from the onset to the company's IPO.

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