IDG Ventures Vietnam is a member of IDG Ventures, a global network of venture capital funds with over $3.7 billion under management and a portfolio of over 350 companies built over the last 17 years.
The IDG Ventures network is comprised of five independent partnerships managing funds in North America and Asia. Each partnership makes investments on behalf of its limited partners, which includes International Data Group (IDG), the world’s largest IT media company.
By combining the IDG platform—an unparalleled combination of global publishing, market research (IDC), and conferences and exhibition resources—with years of hands-on experience in early-stage company building, each IDG Ventures fund helps companies understand their markets better and penetrate them faster than their competition.
The IDG Ventures network offers the international perspective and the local market expertise to help companies grow from start-ups to global success stories.
Founder & Chairman, International Data Group
Patrick McGovern is Founder and Chairman of International Data Group (IDG), the 2nd largest private company in Massachusetts, which had 2007 revenues of $3 billion. McGovern graduated from MIT in 1959 and in 1964 founded International Data Corporation (IDC), now an IDG research subsidiary, to serve information technology (IT) markets. Three years later, McGovern launched Computerworld to report on computer industry and product news. Today, IDG has more than 300 publications, 450 online sites, 750 events and 500 market research programs across 90 countries. In addition to IDC and ComputerWorld, its properties include NetworkWorld, InfoWorld, CIO, CSO, PCWorld and GamePro. Since 1992, McGovern has been an active principal in all of IDG Ventures’ early stage technology funds, with commitments of approximately $900 million in 6 funds across the US and Asia. McGovern and his wife, Lore, established the neuroscience-focused McGovern Institute at MIT in 2000 with a gift of $350 million, one of the largest university gifts in history, and broke ground in 2003.
To learn more about the IDG Ventures global network of funds, please visit www.idgventures.com.