Cheng is the General Partner at Taiwania Capital, Taiwan’s national leading technology venture capital, and he led Taiwania’s investment in Ubiik’s Series A funding. He is a successful serial entrepreneur and well-acclaimed industry veteran, having founded and led numerous businesses spanning various industries.  
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Cheng’s entrepreneurship began in 1995. He founded Arris Networks, a start-up that developed high-density Internet access products that Cascade Communications acquired for US$217M in May 1996. In 1997 he founded ArrowPoint Communications, where he served as CEO, leading the company to a successful IPO, and was acquired by Cisco Systems for US$5.7 billion in 2000. Through this acquisition, he joined Cisco Systems and held various positions, including Group VP. In 2002, he founded Acopia Networks with US$65M and was acquired by F5 Networks for US$210M in 2007. In the same year, Wu founded Azuki Systems with US$6M specializing in broadband wireless multimedia data transfer software, which Ericsson subsequently acquired for US$100M in February 2014.

Cheng joined Ubiik as a Strategic Advisor to support the expansion of the global business and exploration of new IoT verticals.