Yung Wu
clarity edits
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=== Castek Software (1990–2007) === |
=== Castek Software (1990–2007) === |
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In 1990, Wu founded Castek Software |
In 1990, Wu founded Castek Software, a Toronto-based [[Component-based_software_engineering|component software]] firm that developed into an enterprise insurance software company.{{cite news |title=i-flex buys out Castek Software Inc.|url=https://www.canadianunderwriter.ca/insurance/i-flex-buys-out-castek-software-inc-1000069894/|work=Canadian Underwriter |date=5 October 2007 |access-date=30 March 2026}} The company's main product, Insure3, was a policy lifecycle administration platform used by insurers in North America, Europe, South Africa, South Korea, and China. The company was acquired by Oracle in 2007. |
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While leading Castek, Wu was named one of Canada's Top 40 Under 40 in 1995.{{cite news |last=Soltys |first=Douglas |title=Yung Wu is MaRS' new CEO |url=https://betakit.com/yung-wu-is-mars-new-ceo/ |work=BetaKit |date=28 September 2017 |access-date=30 March 2026}} |
While leading Castek, Wu was named one of Canada's Top 40 Under 40 in 1995.{{cite news |last=Soltys |first=Douglas |title=Yung Wu is MaRS' new CEO |url=https://betakit.com/yung-wu-is-mars-new-ceo/ |work=BetaKit |date=28 September 2017 |access-date=30 March 2026}} |
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Wu is managing director and chair of NFQ Ventures, a Toronto-based private equity firm focused on early-stage investing. He served as chairman of Fuse Powered (formerly ByteMark Games), a mobile analytics and gaming company that was acquired by Upsight in January 2016.{{cite news |title=Data-focused publisher Fuse Powered raises $2 million in initial funding|url=https://www.pocketgamer.biz/data-focused-publisher-fuse-powered-raises-2-million-in-initial-funding/ |work=PocketGamer.biz |date=May 2011 |access-date=30 March 2026}} |
Wu is managing director and chair of NFQ Ventures, a Toronto-based private equity firm focused on early-stage investing. He served as chairman of Fuse Powered (formerly ByteMark Games), a mobile analytics and gaming company that was acquired by Upsight in January 2016.{{cite news |title=Data-focused publisher Fuse Powered raises $2 million in initial funding|url=https://www.pocketgamer.biz/data-focused-publisher-fuse-powered-raises-2-million-in-initial-funding/ |work=PocketGamer.biz |date=May 2011 |access-date=30 March 2026}} |
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Wu has served as a director of [[OMERS|OMERS Administration Corporation]] since January 2018, sitting on its Investment Committee and Governance Committee. In February 2024, he was appointed to the board of directors of [[MDA (company)|MDA |
Wu has served as a director of [[OMERS|OMERS Administration Corporation]] since January 2018, sitting on its Investment Committee and Governance Committee. In February 2024, he was appointed to the board of directors of [[MDA (company)|MDA Space]], a dual-listed [[Toronto Stock Exchange|TSX]] and NYSE space technology company.{{cite press release |
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|title=MDA Announces Appointment of Yung Wu to Board of Directors|url=https://www.prnewswire.com/news-releases/mda-announces-appointment-of-yung-wu-to-board-of-directors-302061295.html |publisher=MDA Ltd. via PR Newswire |date=14 February 2024 |access-date=30 March 2026}} |
|title=MDA Announces Appointment of Yung Wu to Board of Directors|url=https://www.prnewswire.com/news-releases/mda-announces-appointment-of-yung-wu-to-board-of-directors-302061295.html |publisher=MDA Ltd. via PR Newswire |date=14 February 2024 |access-date=30 March 2026}} |
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In June 2020, Wu co-founded the Coalition of Innovation Leaders Advancing Respect (CILAR), alongside Armughan Ahmad and Claudette McGowan, to address systemic racism in the Canadian technology sector. The coalition launched with 25 founding members from organizations including [[KPMG]], [[OMERS]], [[Cisco Systems|Cisco Canada]], [[Meta Platforms|Meta]], [[Salesforce]], [[JP Morgan]], [[Deloitte]], [[Toronto Metropolitan University|TMU]], and [[Google]].{{cite news |title=Canada's tech and innovation leaders launch new anti-racism coalition|url=https://betakit.com/canadian-tech-and-innovation-leaders-launch-new-anti-racism-coalition/|work=BetaKit |date=June 2020 |access-date=30 March 2026}} |
In June 2020, Wu co-founded the Coalition of Innovation Leaders Advancing Respect (CILAR), alongside Armughan Ahmad and Claudette McGowan, to address systemic racism in the Canadian technology sector. The coalition launched with 25 founding members from organizations including [[KPMG]], [[OMERS]], [[Cisco Systems|Cisco Canada]], [[Meta Platforms|Meta]], [[Salesforce]], [[JP Morgan]], [[Deloitte]], [[Toronto Metropolitan University|TMU]], and [[Google]].{{cite news |title=Canada's tech and innovation leaders launch new anti-racism coalition|url=https://betakit.com/canadian-tech-and-innovation-leaders-launch-new-anti-racism-coalition/|work=BetaKit |date=June 2020 |access-date=30 March 2026}} |
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== Honours == |
== Honours == |
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