Chong-Moon Lee founded and managed Diamond Multimedia Systems in 1982, which later achieved the No. 1 ranking (IDC report) in market share for PC graphics accelerator products manufactured in America and marketed globally. In 1993, his company recorded the 8th fast growing privately owned company in Silicon Valley (San Jose Business Journal) and the 17th fastest growing privately held company in America (Inc. Business Journal). Later he took the company to the successful IPO in April 1995, which noted as the largest IPO in two years in Silicon Valley (San Jose Business Journal).
In 1996, he started another hands-on venture capital and consulting company under the name of AmBex Venture Partners. A native of South Korea, Lee has a diverse background involving not only business but education, cultural as well as athletic activities. Lee served on the Board of Trustees at Center for Strategic and International Studies (CSIS) in Washington, DC. Currently, he serves as a trustee and commissioner of the Asian Art Museum of San Francisco, which is also known as Chong-Moon Lee Center for Asian Arts and Culture. It was the first Asian name on America’s public building according to Willie Brown, the former mayor of San Francisco. He also served a trustee of Asia Society, NYC for 19 years, and a trustee of Asia Foundation, SFO for 17 years, and a founding board member of The Tech Museum of Innovation of San Jose among others.
As a Silicon Valley entrepreneur who demonstrated his leadership in the market as well as in the community, committed philanthropist, and long-time patron in America-Asia relationship, He has been actively involved in philanthropic activities in the USA and Asian countries highlighting entrepreneurship and related programs for Japan, China and Korea and human right programs for Laos, Cambodia and Myanmar for years.
Lee has been nominated for various awards and recognitions. In 1995, Lee was awarded a Cyril Business Leadership Award from American Chamber of Commerce. The September 2007 issue of PC Magazine named him as The Innovator of 1999 for his introduction and successful commercialization of MP3 chip and chip-based products into the industry. Lastly, among many others, Lee was selected as a Great Immigrant: The Pride of America by Carnegie Corporation, NYC in 2013.
He served as consulting professor at Stanford University for 7 years (1995 – 2002) and also served as chaired professor emeritus at Korea Advanced Institute of Science &Technology (KAIST) for 10 years. He has edited and co-authored “Silicon Valley Edge” (424 pages) published by Stanford University Press in 1999. He holds 5 honorary doctoral degrees from leading universities in U.S. and Korea, a master’s degree from Vanderbilt University, Nashville, TN in 1959, and a law degree from Chung-Ang University, Seoul, Korea in 1953.