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Top Firms to Provide Complete Startup Services to DragonVenture’s
Portfolio Companies in the U.S. and Greater China
SAN JOSE, Calif. May 14, 2001
DragonVenture, Inc., (www.dragonventure.com)
the premier cross-Pacific, soft incubation and venture capital company,
today announced it has chosen King & Wood and Deloitte &
Touche Chinese Services Group-USA to provide legal and accounting
services for its technology portfolio companies. The alliances solidify
DragonVenture’s full spectrum of soft incubation services that
now include legal, accounting, marketing, technical and engineering,
business development and sales.
These relationships provide a solid foundation to
help cultivate the success of DragonVenture’s startup technology
companies. The services are focused on enhancing the tremendous
growth opportunities in the telecommunications, Internet infrastructure,
and Linux markets in greater China and the United States.
“While venture capital firms in today’s
economy are ‘going back to basics’ by focusing on incubation
services for its portfolio companies, DragonVenture has always made
the unique ‘total services’ approach a focal point,”
said Bobby Chao, Co-Founder and Chairman of DragonVenture, Inc.
“Using topnotch organizations like King & Wood and Deloitte
& Touche, both of which have extensive experience and presence
in Greater China and the U.S., offers significant advantages for
our companies that will help them compete in the next economy.”
“Our partnership with DragonVenture presents
a win-win situation for both parties,” said Charles Law, Managing
Partner for King & Wood. “As a leading law firm in the
Greater China and San Francisco Bay Areas, it makes absolute sense
for us to partner with a VC focused on cross-Pacific interests.”
About DragonVenture, Inc.
Launched in June 2000, DragonVenture, Inc. is the premier, cross-Pacific
consulting and venture capital company specializing in the Greater
China marketplace. DragonVenture focuses on emerging companies in
the areas of telecommunications, Internet infrastructure and the
Linux operating environment. The company provides startup and soft
incubation consulting to its portfolio companies. DragonVenture,
Inc. is located at 20 Great Oaks Blvd. Suite 130, San Jose, and
CA.95119. For more information visit www.dragonventure.com.
About King & Wood
Founded in 1993, King & Wood is a leading law firm in China
with extensive experience in all major areas of domestic and international
law practices. As one of the largest law firms in China with over
100 practicing attorneys, King & Wood provides high quality
and efficient legal services to Chinese and foreign clients alike.
King & Wood is headquartered in Beijing, China, with offices
in Shanghai, Shenzhen, and Chengdu, as well as San Francisco and
the Silicon Valley in the United States. For more information please
visit www.kingandwood.com.
About Deloitte & Touche, Chinese
Services Group-USA
Deloitte & Touche, one of the nation’s leading professional
services firms, provides assurance and advisory, tax, and management
consulting services through 30,000 people in more than 100 U.S.
cities. The firm is dedicated to helping its clients and its people
excel. Known as an employer of choice for innovative human resources
programs, Deloitte & Touche has been recognized as one of the
“100 Best Companies to Work For” in America by Fortune®
magazine for four consecutive years. With over 400 professionals
working in Beijing alone, Deloitte & Touche Chinese Services
Group is focused on providing tax and professional consulting to
China’s emerging market. For more information please visit
www.us.deloitte.com
or contact Lili Zheng at 408-993-4313 or Terry McCarthy 408-993-4450.
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