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Achievo

3000 Executive Parkway, Suite 500
San Ramon, CA 94583
USA
925.498.8820
Website Company Summary Management Team
Management

CEO: Sandy Wai-Yan Chau (01/10/2009)
President/COO/Operations: Bernard Mathaisel (1/2/09) ; James C. Li (2005) ; Raymond Tong ; Shiqing Wang; Wolfgang Zhang (5/05)
General Management: Julio Leung (1/2/09); Fox Hu
Finance: C. P. Lee (12/05); Darryl Quan (11/30/2008)
Sales/Marketing: Ellis Hung
General Counsel/Legal: Jeffrey C. Tung
Board

Outside board: (May no longer be on the board) David Kynaston (Solectron Former Regional President) Jim Schraith (Snap Appliance) Lawrence Lau (Stanford University Professor) Robert P. Lee (Accela Executive Chairman) Masamoto Yashiro (Shinsei Bank Former CEO) Sandy Wai-Yan Chau (Achievo co-Founder)
Company

Business description: Achievo Corporation is a leading global software and information technology (IT) outsourcing provider focused on software development, information technology and professional services. Achievo's local front-end, China back-end business model enables the company to deliver its services in the language of its customers, worldwide, eliminating language barriers. With global offshore outsourcing revenues for software and IT services predicted to reach $29.4 billion USD in 2010, global customers are quickly taking advantage of the significant cost savings that come from working in China. Achievo's China back-end business model delivers on this promise, while also providing efficient, high quality and scalable outsourcing services. Headquartered in Silicon Valley, Achievo has offices worldwide, including the United States, Canada, Germany, China and Japan. Achievo's global management team has deep and broad experience in all phases of the software development lifecycle and IT services. To ensure high quality results and an effective interface between Achievo and our customers, we employ the Achievo Development Process (ADP). This unique combination of best practices, adapted by Achievo, provides a disciplined and continuous improvement approach to software development projects, assigning tasks and responsibilities via well-defined roles, workflows, artifacts, standards and metrics. It is a quality-centric, highly scalable methodology that drives our development process, bringing increased efficiencies while reducing costs.
Customers include: AccelaComputer AssociatesDaimlerChryslerHPIBMNETGEARSiemensToshibaToyotaViador;  Audi;  BMO Bank of Montreal;  BTB Wireless;  China National Sci-Tech Info ImportAndExport;  China Telecom;  Compuware China;  Cross Information Technology;  Hitachi;  Honda;  Nomura;  RBC Royal Bank
Partners include: ActuateCadence Design SystemsComputer Associates FujitsuHPOracleSun Microsystems;  ChinaHiTech;  Environmental Systems Research Institute;  Envision Media;  Portmark
Capital

Rounds: 2
Recent Fundings: Feb 2007
Last Round: 24.0M
Ownership: Private  
VCs include: Tsinghua Venture Capital

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Overview
Record updated: Nov 2009
Sector: Software
Headcount: 1601-2000 as of Mar 2007
Rounds: 2
Recent Fundings: Feb 2007
Last Round: 24.0M
Ownership: Private