Rich is the chairman of the board of ACCO Semiconductor, a maker of cellular phone and IOT components. Rich retired as a general partner with Foundation Capital at the end of 2015 after 11 years at the firm. Prior to Foundation, Rich spent more than 20 years in networking and communications, amassing a combination of start-up entrepreneurial as well as large company intrapreneurial experience. Most recently, he was president and CEO of Atheros Communications (now part of Qualcomm), which he helped build into the leading provider of Wi-Fi wireless semiconductors; it was subsequently named “Silicon Valley's Fastest Growing Private Company” by the Silicon Valley/San Jose Business Journal and PricewaterhouseCoopers for the 2001-2003 period. In 2003 Rich received Frost & Sullivan's prestigious “Wireless LAN CEO of the Year” award.
Rich was previously on the boards of Azimuth Systems, Dust Networks, Cyphort, SiBEAM, Solarflare Communications, Prematics, Ventiva, Fastback Networks, Transphorm and Atheros Communications. He has an MBA from Harvard Business School and a BSIE from Purdue.