Richard Wells has over 19 years of experience in investing and advising managers of high growth software and Internet companies. At Insight he focuses on investments in infrastructure software and SaaS companies.
He currently serves on the boards of BMC, CentralReach, Checkmarx, Jama Software, PrecisionLender, Sonarsource, and Tenable (NASDAQ: TENB). He is also active with the Sparefoot board.
Richard previously led investments in AirWatch (acquired by VMware), Beyondtrust (acquired by Veritas Capital), Buddy Media (acquired by Salesforce.com), Cherwell (recapitalized by KKR), HealthcareSource (acquired by Francisco Partners), Kinnser Software (acquired by Mediware), Metalogix (acquired by Permira), Netsmart Technologies (acquired by Genstar Capital), Primavera (acquired by Oracle), Shopify (NYSE: SHOP), SmartBear Software (acquired by Francisco Partners) and TriTech (acquired by Bain Capital).
Richard joined Insight in 2005 from Technology Crossover Ventures (TCV), where he was an investment professional with a focus on software, online media, and e-commerce. 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 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. He grew up in Southern California and resides in Manhattan with his wife, son, and daughter. Thanks to his father's New England roots, Richard is an avid Boston Red Sox fan and is already having a lot of fun passing this along to his children.