Richard Wells has over 20 years of experience in investing and advising managers of high growth technology companies. He joined Insight in 2005 and focuses on investments in application software, infrastructure management, DevOps, and cybersecurity.
Richard has sponsored over 24 investments at Insight and has realized 14 acquisitions and 2 IPOs. He has sponsored investments across the United States, Europe, and Israel. He currently serves on the boards of directors of CentralReach, Checkmarx, Commercetools, Jama Software, OneTrust, Sonarsource, Storable, and Tenable (NASDAQ: TENB). He is also active with the boards of AMCS and Sysdig.
Richard previously led investments in AirWatch (acquired by VMware), Beyondtrust (acquired by Veritas Capital), BMC (acquired by KKR), Buddy Media (acquired by Salesforce), Cherwell (recapitalized by KKR), HealthcareSource (acquired by Francisco Partners), Kinnser Software (acquired by Mediware), Metalogix (acquired by Permira), Netsmart Technologies (acquired by Genstar Capital), PrecisionLender (acquired by Q2), Primavera (acquired by Oracle), Shopify (NYSE: SHOP), SmartBear Software (acquired by Francisco Partners), and TriTech (acquired by Bain Capital). He also served on the board of Anaqua (acquired by Astorg).
Prior to Insight, Richard worked in product management for enterprise data protection products at Veritas Software (now part of Symantec), and in field sales for Paciolan Systems (now part of Ticketmaster). He previously was with Technology Crossover Ventures (TCV), where he was an investment professional with a focus on software, online media, and e-commerce. He began his career as a management consultant with Mercer Management Consulting, where he advised global technology companies on their marketing and business strategies.
Richard received a BS from the Wharton School of the University of Pennsylvania (Phi Beta Kappa, summa cum laude) and an MBA from Harvard Business School. Richard is a member of the Advisory Council of the Semper Fi Fund, a non-profit organization focused on assisting combat wounded, critically ill and catastrophically injured veterans and their families. He grew up in Southern California and resides in New York City with his wife, son, and daughter.