Deven Parekh of Insight Venture Debuts on the Midas List

Deven Parekh is Managing Director at Insight Venture Partners, which is based in New York, New York. Insight Venture Partners is a major venture capital and private equity firm. He manages investments in e-commerce, consumer internet data, as well as application software companies. This year, Mr. Parekh debuted high on the Midas List (Forbes). He is a graduate of the Wharton School. He is on the Board at Fanatics, which is an online retailer for sports merchandise.

Deven Parekh had a 2009 investment in Twitter and investments in Chegg, Tumblr and Flipboard. Moreover, he assisted in navigating Tumblr to its sale to Yahoo a year ago. On top of that, he attained success with BuddyMedia, which was acquired by Salesforce in 2012 for $785 million. Additionally, in 2012, he directed a $165 million equity investment in Drilling Info. They are an Austin, Texas-headquartered data intelligence provider for the gas and oil industry.

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