Alumni Stories

Bud Colligan (F’76)

Partner, Accel Partners

Location: Wagner Alumni House
Interviewer/Producer: Anneliesa Clump Alprin (G’06)
Editor: Lisa Fthenakis (C’10)Bud Colligan

Colligan remembers the mid-70s as “an exciting time,” due to the drama of President Nixon, Watergate, the Vietnam War and anti-war protests. After graduating from Georgetown, Colligan returned to his native California to accept a job with Bank of America. He joined the small team at Apple in 1983, where he assisted in the development and launch of the groundbreaking Macintosh personal computer, introduced the Macintosh in Europe, and then headed Higher Education Marketing.

At Accel Partners, where he has worked since 1998, Colligan focuses on software, digital media and internet investments. Prior to joining Accel, Bud co-founded Macromedia through a 1992 merger of Authorware and Macromind-Paracomp. Bud headed Authorware as president and CEO from 1989-1992. At Macromedia, Bud served as CEO from 1992-1997, taking the company public on NASDAQ in December 1993, and as chairman until July 1998. During Bud’s tenure, Macromedia grew from a small start-up to generating over $100 million in annual revenue. In 1996, Bud was named Software Entrepreneur of the Year by Ernst & Young. In 2005, Adobe Systems acquired Macromedia for $3.4 billion. Colligan serves on the board of many organizations, including Pacific Community Ventures, an organization that provides capital and venture services to entrepreneurs in low-income areas throughout California.

Additional Resources

Georgetown Technology Alliance
http://www.georgetowntechalliance.com/

Apple Macintosh 1984 Super Bowl Commercial
http://video.google.com/videoplay?docid=-715862862672743260#

Accel Partners
http://www.accel.com/

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