H&Q Asia Pacific

H&Q Asia Pacific is a prominent private equity firm founded in 1985 by Dr. Ta-lin Hsu. Initially established as a division of the U.S. investment banking firm Hambrecht & Quist, it now operates as an independent entity managing multiple funds since its inception. The firm specializes in both later-stage control investments and earlier-stage venture capital investments, concentrating on growth sectors such as technology, technology manufacturing, consumer brands, and financial services. With offices located in key Asian markets and Silicon Valley, H&Q Asia Pacific combines local market expertise with a global perspective. The firm is committed to identifying and unlocking superior commercial potential in Asia, leveraging its extensive network to assist portfolio companies in becoming global business leaders.

Benson He

Managing Director

Mark Hsu

Managing Director

Ta-lin Hsu

Chairman

Jung Jin Lee

Managing Director and Joint Representative Director

Steven Lee

Managing Director

Jong (John) Won Lee

Managing Director and Joint Representative Director

Yuchul Rhim

Managing Director and Joint Representative Director

Robert Shen

Managing Director

44 past transactions

Idini

Series A in 2000
iDini is developing break-through technology for delivering interactive applications to wireless devices. With iDini, wireless products will be not only mobile, but also as powerful as desktop computers. Instead of looking for phone jacks and waiting to boot up laptops, mobile professionals will simply use devices such as PDAs or mobile phones to access any application available on a computer. Consumers throughout the world can access any entertainment or communications service that can be delivered over the Internet. iDini's products open up a new wave of services, enabling the growth of a significant new market for wireless data.

Array Networks

Series B in 2004
Founded in 2000, Array Networks is a leader in application acceleration, secure access and cloud service delivery. Today, more than 5000 worldwide customers including enterprise, service provider and public sector organizations rely on application delivery networking solutions powered by Array SpeedCoreâ„¢ technology. Backed by H&Q Asia Pacific, U.S. Venture Partners and over 250 employees spanning Silicon Valley, Beijing, Japan, India and Europe, Array is profitable public company with strong revenue growth overseen by a management team that boasts over 150 years of combined industry experience. Positioned to profit from explosive growth in the areas of mobile and cloud computing, analysts and thought leaders including Deloitte, Red Herring, Gartner and Frost and Sullivan recognize Array Networks as a global market and technology leader.

Sageware

Series C in 2000
Sageware develops services and solutions that automatically categorize, filter, and search-enable all text documents and data records by industry-specific sets of powerful subject queries. Sageware provides these services and solutions for Vertical Market Internet Portals, e-commerce dot-coms, and Enterprise Portals (corporate Intranets).

AsiaContent

Series A in 1999
AsiaContent is a Pan-Asian consumer Internet company. It provides Internet advertising solutions to online advertisers and web publishers. AsiaContent was founded in 2001 and is headquartered in Hong Kong.

Storactive

Series A in 1999
Storactive offers data protection technologies for client personal computers and enterprise servers in Europe. It offers LiveBackup and LiveBackup Express, backup software, which deliver automatic data backup, end-user file recovery, and easy disaster recovery for distributed laptop and desktop personal computers; and LiveServ, a zero-loss data protection solution for Microsoft exchange servers that eliminates the vulnerabilities associated with scheduled backup systems and ensures recovery of recent data. The Company's flagship technology continuously backs up and manages enterprise and distributed data throughout its entire life cycle, even as changes occur. In March 2006, Storactive was acquired by Atempo Inc.

Viscovery

Venture Round in 2016
Viscovery is a leading Vision Artificial Intelligence company based on Deep Learning and Computer Vision technology. Our revolutionary visual discovery service provides image and video recognition solutions for enterprises. Established in 2013, Viscovery has collaborated with Intel, NVIDIA, AWS, and received international recognition and investment from Intel, Alibaba, Quanta, CDIB, H&Q, etc. Viscovery is dedicated to providing comprehensive recognition solutions for Smart Retail, Smart E-Commerce, Smart Media, Augmented Reality, Smart Factory and more. With our R&D team based in Taipei and consisting of computer scientists and engineers with expertise in Artificial Intelligence, Computer Vision, Machine Learning and Deep Learning, Viscovery has been exploring the unlimited possibilities via Vision AI, and providing customized recognition solutions for enterprises. (www.viscovery.com)

Senhwa Biosciences

Series B in 2013
Senhwa Biosciences identifies and develops innovative therapies that have the potential to fundamentally change the way patients are treated. Our central philosophy is to unearth validated targets or therapies that could significantly improve treatment, but have not yet been properly exploited. As a value-added development company, Senhwa aims to take innovative therapies that could impact the current standard of care and drive them through to clinical proof-of-concept.

Ceres

Series F in 2007
Ceres is a non-profit organization that advocates for sustainability leadership. The organization mobilizes a network of investors, companies, and public interest groups to accelerate and expand the adoption of sustainable business practices and solutions to build a healthy economy. It also carries out research in business sustainability trends as well as insurance and banking sector responses to climate change, electric utilities emissions, fuel economy standards, and climate risk disclosure. Ceres is headquartered in Boston, Massachusetts.

Efficient Drivetrains

Series C in 2016
Efficient Drivetrains Inc. (EDI) designs and manufactures high-efficiency continuously variable transmissions (CVT) for electric vehicle developers, manufacturers, and suppliers. EDI's hybrid electric drivetrain systems and technologies provide significant cost and efficiency advantages by using parallel drivetrain architectures, unique components, proprietary control software and algorithms. The company's products have direct applications in Electric Vehicles (EVs), Hybrid Electric Vehicles (HEVs), and Plugin Hybrid Electric Vehicles (PHEVs), across nearly all platforms classes and configurations including trucks, buses and cars.

One

Series A in 2014
One, Inc. develops cloud-based software products that help property and casualty insurers. It offers InsureOne, a software suite that offers a policy management system, payment processing system, enterprise efficiency management, agency management, customer relationship management, business intelligence and reporting, and marketing representative’s management software solution. The company serves agencies, carriers, MGAs, and others working in data-dependent business scenarios. One, Inc. was founded in 2012 and is headquartered in Folsom, California.

GIC Burlingame Bay

Merger/Acquisition in 2015
GIC Burlingame Bay comprises two, Class A office buildings and is located in the United States.

Array Networks

Series A in 2001
Founded in 2000, Array Networks is a leader in application acceleration, secure access and cloud service delivery. Today, more than 5000 worldwide customers including enterprise, service provider and public sector organizations rely on application delivery networking solutions powered by Array SpeedCoreâ„¢ technology. Backed by H&Q Asia Pacific, U.S. Venture Partners and over 250 employees spanning Silicon Valley, Beijing, Japan, India and Europe, Array is profitable public company with strong revenue growth overseen by a management team that boasts over 150 years of combined industry experience. Positioned to profit from explosive growth in the areas of mobile and cloud computing, analysts and thought leaders including Deloitte, Red Herring, Gartner and Frost and Sullivan recognize Array Networks as a global market and technology leader.

One

Series B in 2016
One, Inc. develops cloud-based software products that help property and casualty insurers. It offers InsureOne, a software suite that offers a policy management system, payment processing system, enterprise efficiency management, agency management, customer relationship management, business intelligence and reporting, and marketing representative’s management software solution. The company serves agencies, carriers, MGAs, and others working in data-dependent business scenarios. One, Inc. was founded in 2012 and is headquartered in Folsom, California.

Sonics

Series C in 2002
Sonics is a pioneer of network-on-chip (NoC) technology and today offers SoC designers the largest portfolio of intelligent, on-chip communications solutions for home entertainment, wireless, networking and mobile devices. With a broad array of silicon-proven IP, Sonics helps designers eliminate memory bottlenecks associated with complex, high-speed SoC design, streamline and unify data flows and solve persistent network challenges in embedded systems with multiple cores. As the leading supplier of on-chip communications networks for the embedded market, Sonics has enabled its customers to ship more than 750 million units worldwide. Founded in 1996, Sonics is headquartered in Milpitas, Calif. with offices worldwide.

Optovue

Series B in 2007
Optovue Corporation is an ophthalmic device company dedicated to working with eye care professionals and clinical researchers to lead the commercialization of new imaging modalities that improve diagnosis and therapy of ocular disease. Incorporated in December 2003 and located in Fremont California, Optovue was founded by pioneers of Optical Coherence Tomography to develop the next generation ophthalmic diagnosis instrument based on the Fourier-Domain OCT technology. The ultra-high speed high resolution FD-OCT provides physicians with advanced retina diagnostic capabilities that will have significant benefit for patients who have retina conditions such as macular degeneration, diabetic retinopathy, glaucoma, and other macular diseases.

Anchor Semiconductor

Series B in 2006
Anchor Semiconductor is a pioneer and technology leader in Design for Manufacturability (DFM) software products for characterization and optimization in layout-to-silicon pattern transfer processes. The innovative pattern-centric NanoScope™ DFM platform is uniquely capable of providing solutions to meet the patterning challenges. The NanoScope platform integrates comprehensive layout analysis and advanced technologies. Extended application areas include semiconductor design hotspot identification, special RET and OPC, OPC verification, photomask manufacturing, wafer level printing and hotspot analysis. Advanced lithography modeling enables pattern-centric imaging characterization down to 45 nm technology node. Using Anchor's tools, their customers have successfully shortened time-to-yield and time-to-profitability.

Hyunjin Materials

Post in 2008
Hyunjin Materials is a metal material company that focuses on parts for ship engines, wind power plants, and industrial machines. Hyunjin Materials has key technologies in infrastructure industries such as wind and power facilities, petrochemicals, shipbuilding, and industrial plant. In addition, Hyunjin Materials is constantly developing technology and improving quality in order to grow into a global metal materials specialist. Based on high technology, they are competitive to lead the high-tech metal materials industry by looking for high-value-added industries and high-profitable businesses through the production of new products and entry into new markets.

Acer

Venture Round in 1985
Established in 1976, Acer is an information and communication technology company dedicated to the research, design, marketing, sale and support of innovative products that enhance people's lives. Acer's green supply chain delivers environmentally friendly PCs, displays, projectors, servers, tablets and smartphones — tools their customers need to explore beyond limits and experience more. Acer employs 7,400 people and ranks No. 4 for total PCs globally (IDC 2013). Estimated revenues for 2013 reached US$12.03 billion. Acer's channel business model is instrumental to the company's success. Acer designs environmentally friendly products and, with its vendors, has established a green supply chain. Acer's Commercial Division is dedicated to the business world, from SoHo, SMB, Large Enterprise, to Public Sector and Educational Sector. Acer delivers a full range of hardware and software products to meet the demands of today’s business environment. Our goal is to offer revolutionary performance, unmatched system responsiveness and energy efficiency without compromises. With over 30 years of experience, Acer is also dedicated to serving the needs of the education market and empowering knowledge through technology. By creating innovative technology for the classroom, Acer helps students explore beyond limits with new ways of communication and interaction. Empowering educators to keep pace with today’s high-tech world.

Ralink Technology

Venture Round in 2013
Ralink Technology Corporation is a leading innovator and developer of wireless chipset solutions. Ralink products are recognized for the superior throughput, extended range, low-power consumption and consistent reliability required for Wi-Fi, mobile and embedded applications. Ralink's feature-rich chipsets have a high level of chip integration, enabling customers to build smaller and more sophisticated mobile wireless products cost-effectively. Ralink's patented MIMObilityTM and Video TurbineTM technologies extend Wi-Fi applications from traditional PC networking to a range of digital multimedia and handheld devices including cell phones, PDAs, cameras, print servers, HDTV and video game players. Ralink customers can look forward to continuous improvements in speed, bandwidth and reliability with IEEE 802.11n solutions for next-generation high-performance Wi-Fi. Ralink Technology was founded in 2001 with headquarters in HsinChu, Taiwan, an R&D center in Cupertino, California, and sales offices in China, Europe, Japan.

FST NETWORK

Seed Round in 2021
FST Network's product helps enterprises to manage and integrate their data efficiently by providing an IAM solution for cross-system communication and simplifying complex data structure and rules structure that can be utilized for a more efficient CRM solution. Our product enables de-identification protection, access gateway, and accountable network to ensure security for cross-system communication provided with seamless integrations via APIs

SMIC

Series A in 2001
Semiconductor Manufacturing International Corporation (SMIC) is a semiconductor foundry providing integrated circuit (IC) foundry and technology services at 0.35-micron to 40-nanometer. SMIC develops one-stop turnkey services to meet its customers’ needs. In addition to IC manufacturing, SMIC offers a full range of services that includes design services, mask manufacturing, and testing. SMIC provides integrated circuit (IC) foundry and technology services on process nodes from 0.35 micron to 28 nanometer. Headquartered in Shanghai, China, SMIC has an international manufacturing and service base. In China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai; a 300mm mega-fab and a majority-owned 300mm fab for advanced nodes in Beijing; 200mm fabs in Tianjin and Shenzhen; and a majority-owned joint-venture 300mm bumping facility in Jiangyin; additionally, in Italy SMIC has a majority-owned 200mm fab. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai, a 300mm mega-fab in Beijing, a 200mm fab in Tianjin, and a 200mm fab project under development in Shenzhen. SMIC also has customer service and marketing offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong. SMIC competes with Taiwan Semiconductor Manufacturing Company, Ltd., United Microelectronics Corporation, GlobalFoundries, Fujitsu Limited, Samsung Electronics Co., Ltd., and Toshiba Corporation.

Onscan

Venture Round in 2000
Onscan Inc., a wireless Internet solutions company incubated by Infosys Technologies Limited

OnMobile

Series A in 2000
OnMobile Global Limited provides telecom value added services in India and internationally. It offers apps and services under the ONMO brand name; and carrier services, such as ring back tones, videos, contests, and games. The company was formerly known as OnMobile Asia Pacific Private limited and changed its name to OnMobile Global Limited in August 2007. OnMobile Global Limited was founded in 2000 and is headquartered in Bengaluru, India.

Burlingame Point Office Site

Merger/Acquisition in 2015
Burlingame Point Office Site comprises a real estate property. The property is located in the United States.

Silicon Genesis

Series C in 2007
SiGen developed and demonstrated a core set of leading-edge processes for Silicon-on-Insulator (SOI) wafer fabrication using innovations such as plasma activated bonding and room temperature cleaving. The company completed a pilot production facility in 2000 to demonstrate its technology capabilities. After successfully introducing its technology and completing its first major commercial license in 2004, the Company made the transition to being a fabless IP licensor and equipment provider for its engineered substrate solutions. SiGen is located in San Jose, California and has now moved its R&D wafer IP development lab to its corporate headquarters. SiGen has entered into numerous IP licenses, including equipment suppliers, commercial silicon wafer manufacturers, and other advanced substrate manufacturers. The wafer maker licensees have a total market share of over 45% of the world semiconductor silicon wafer market. The Company expects these semiconductor market licensees to capture at least the same or greater share of the SOI market. With numerous emerging opportunities, SiGen expects to broaden its market applications into the Solar Cell market and thus enable the Company to participate in the high growth segments of four major markets: Semiconductor, Solar, Optoelectronic and Display.

AdvisorTech

Private Equity Round in 2000
AdvisorTech believes intermediaries - from major broker-dealers, banks, and insurance companies to investment advisors and financial planners - will continue to play an important role in ensuring that individual investors achieve their goals. To compete effectively, intermediaries need access to Internet technology, high-quality products and investment insight - AdvisorTech provides that access. They do this with technology that supports investment selection, marketing, customer management, and the trading of mutual funds and other financial products. Their customers include both large and small financial intermediaries around the globe.

PhiSkin

Series A in 2014
PhiSkin operates as a skin and laser clinic. The company is based in China.
Power Analog Microelectronics, Inc. (PAM), established in 2004, focuses on advanced analog, and high-voltage power integrated circuits. The company's mission is to deliver environmentally friendly "green" integrated circuits that are both highly efficient and space saving allowing customers to deliver the most advanced and cost effective solutions to the market place. PAM was founded in Silicon Valley by business executives with senior management experience in running publicly listed companies, plus key technologists and design experts in the analog and power IC fields. Besides the company's headquarters in Silicon Valley with an advanced research and development center, PAM also has set up technical support centers in Shanghai, shenzhen and Taipei.

Array Networks

Venture Round in 2003
Founded in 2000, Array Networks is a leader in application acceleration, secure access and cloud service delivery. Today, more than 5000 worldwide customers including enterprise, service provider and public sector organizations rely on application delivery networking solutions powered by Array SpeedCoreâ„¢ technology. Backed by H&Q Asia Pacific, U.S. Venture Partners and over 250 employees spanning Silicon Valley, Beijing, Japan, India and Europe, Array is profitable public company with strong revenue growth overseen by a management team that boasts over 150 years of combined industry experience. Positioned to profit from explosive growth in the areas of mobile and cloud computing, analysts and thought leaders including Deloitte, Red Herring, Gartner and Frost and Sullivan recognize Array Networks as a global market and technology leader.

A10 Networks

Series A in 2005
A10 Networks provides appliances for accelerating web application delivery, bandwidth management and network identity issues The three appliance families are: AX Series - server load balancing and web application delivery EX Series - quality of service and link load balancing ID Series - includes password management, IP-to-ID translation, RADIUS and more.

Embedded Wireless Devices

Series C in 2000
embedded wireless devices develops and markets the most optimized total solutions in silicon for wireless, audio and internet applications. These technological advancements enable such applications as wireless PBX, wireless home networking, PDAs, VoIP devices, MP3 players/recorders and Internet appliances. Consisting of digital and analog components plus complete on-chip software, ewd's solutions shorten product development cycles and significantly reduce the product's complexity and overall cost. Core competencies include wireless/Internet applications and protocols, multiple programmable basebands, multitasking architectures, digital signal processing, flash memory addressing, and power/battery management.

Hyphen Group

Series B in 2017
CompareAsiaGroup Limited develops and operates a financial comparison website. The website offers free and independent comparison of banking, insurance, and telecommunication products. CompareAsiaGroup Limited was founded in 2013 and is based in Tin Hau, Hong Kong.

Optovue

Series A in 2004
Optovue Corporation is an ophthalmic device company dedicated to working with eye care professionals and clinical researchers to lead the commercialization of new imaging modalities that improve diagnosis and therapy of ocular disease. Incorporated in December 2003 and located in Fremont California, Optovue was founded by pioneers of Optical Coherence Tomography to develop the next generation ophthalmic diagnosis instrument based on the Fourier-Domain OCT technology. The ultra-high speed high resolution FD-OCT provides physicians with advanced retina diagnostic capabilities that will have significant benefit for patients who have retina conditions such as macular degeneration, diabetic retinopathy, glaucoma, and other macular diseases.

Caspian Networks

Series C in 2000
Caspian Networks (formerly PacketCom) is an Internet infrastructure company designing a breakthrough new generation of equipment for the heart of the largest networks in the world – the service provider networks upon which the Internet is based. Company shut down.

EOC Group

Series B in 2017
EOC Pharma Group engages in developing, manufacturing, and supplying of oncology products. The company was founded in 2015 and is based in Shanghai, China.

Transvirtual Technologies

Series A in 2001
Transvirtual Technologies Inc. (TVT) develops software for Information Appliances in the language of the Web. The company integrates XML (the eXtensible Markup Language) and Java with Kaffe(R), its own Java Virtual Machine (JVM), to create XOE (the eXtensible Operating Environment), a new standard by which devices communicate.

InStadium

Venture Round in 2005
InStadium offers live sports marketing network, dedicated to connecting brands with fans at live events in more than 425 professional and collegiate stadiums and arenas across the country. Powered by live sports, InStadium delivers unparalleled, multi-channel brand engagement opportunities on behalf of Fortune 500 clients to millions of captive consumers in hundreds of venues at tens of thousands of events each year.

Array Networks

Series B in 2002
Founded in 2000, Array Networks is a leader in application acceleration, secure access and cloud service delivery. Today, more than 5000 worldwide customers including enterprise, service provider and public sector organizations rely on application delivery networking solutions powered by Array SpeedCoreâ„¢ technology. Backed by H&Q Asia Pacific, U.S. Venture Partners and over 250 employees spanning Silicon Valley, Beijing, Japan, India and Europe, Array is profitable public company with strong revenue growth overseen by a management team that boasts over 150 years of combined industry experience. Positioned to profit from explosive growth in the areas of mobile and cloud computing, analysts and thought leaders including Deloitte, Red Herring, Gartner and Frost and Sullivan recognize Array Networks as a global market and technology leader.

Power Analog Microelectronics

Venture Round in 2007
Power Analog Microelectronics, Inc. (PAM), established in 2004, focuses on advanced analog, and high-voltage power integrated circuits. The company's mission is to deliver environmentally friendly "green" integrated circuits that are both highly efficient and space saving allowing customers to deliver the most advanced and cost effective solutions to the market place. PAM was founded in Silicon Valley by business executives with senior management experience in running publicly listed companies, plus key technologists and design experts in the analog and power IC fields. Besides the company's headquarters in Silicon Valley with an advanced research and development center, PAM also has set up technical support centers in Shanghai, shenzhen and Taipei.

One

Series B in 2016
One Inc. is a developer of a cloud-based policy-issuance and management software designed to meet the demands of an ever-changing property and casualty market. The company’s integrated cloud-based platform combines core insurance software functions including policy administration, rating and billing with data analytics, CRM, payment processing and agency management. The platform enables carriers, MGAs and agencies of all sizes to quickly bring new products to market and streamline operations via a broad suite of scalable, cloud-based components that can be implemented all at once or as part of a broader migration from legacy technology. One Inc was established in 2012 in Folsom, California.

Youjia

Series C in 2015
Youjia (友加) is a social interaction platform that integrates with entertainment elements. At present, Youjia has over 17 million users and almost 1 million Yuan turnover per month. Youjia's entrepreneur team is formed by senior practitioners with years of industry and entrepreneurial experience.