David James Richards

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]

David Richards
Born (1970-11-13) 13 November 1970
NationalityBritish & American
Alma mater
Known forFounder & CEO WANdisco PLC
Spouse(s)Jane Richards
ChildrenHarry Richards & Poppy Richards
Scientific career
Fields
Institutions

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. "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.
  3. "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. Archived from the original on 25 February 2014. Retrieved 22 February 2014.
  6. "Sheffield tech tycoon donates £1.1m for computer skills in schools". The Star. Sheffield. Retrieved February 24, 2018.
  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.


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