Deven Parekh

Deven Parekh continually searches for new opportunities to invest. He researches diligently and thoroughly with regards to Internet businesses. Via Insight Venture Partners, he utilizes his knowledge gained from his education and business experience to make quality decisions.

He, through Insight, is a financially flexible, entrepreneur-focused, growth-oriented investment professional. The Insight Onsite team works together with portfolio company executives. They work with client management teams, adding to their clients’ existing resources.

Deven Parekh recognizes the evolving business paradigm throughout the world. He further understands that businesses must grasp the power of new technology as applies to the Internet to advance the plans of their respective companies. He works to invest in firms that are unique, as an example those that are unique when it comes to innovative communications software.

Deven Parekh works together with Publicolor (www.publicolor.org). He’s this organization’s Chairman of the Board. Publicolor is a non-profit organization and their focus is helping students become productive members of the U.S.’s labor force.

Publicolor features a program that can help students accomplish success in academics. This organization uses design, collaboration, color, as well as the process of painting. Their objective is to get students involved with their communities, schools, and education.

Those, including Deven Parekh, who commit their energy and time to Publicolor, expedite the instructing of the steps involved in commercial painting. Subsequently, this produces a community of students that works together.

Deven Parekh is focused on new investment opportunities, which involve technology in this modern digital age. He invests in Internet, software and data services. These innovative businesses take a new approach to conducting business on a worldwide basis.

Deven Parekh’s expertise is analyzing these types of businesses. He uses his diverse educational and career experiences, and his solid research skills to help him make investment decisions that benefit Insight Venture Partners and the companies they deem inventive.

Today, enterprises must be forward thinking and at the forefront of new technology. Deven Parekh, through investing in these types of businesses, helps them in bringing their offerings to the marketplace where other businesses can have access to their innovations.

Deven Parekh serves diverse organizations with his knowledge and experience. A good example is his work for the US Export-Import Bank. He serves with this organization’s Advisory Board. The Export-Import Bank of the United States is the official export credit agency of America.

This Bank enables large and small American businesses to convert export opportunities into sales. These sales help to maintain and create jobs in the States and play a role in a stronger national economy.

The US Export-Import Bank provides export credit insurance; working capital guarantees (pre-export financing); and direct loans (buyer financing) and loan guarantees. On average, 85 percent of their transactions directly benefit small businesses of the United States.

In addition, Deven Parekh serves on the Technical Advisory Board of the Federal Communications Commission (FCC). The FCC regulates international and interstate communications by radio, television, wire, satellite and cable in all fifty states, the District of Columbia, and United States territories.

The FCC’s Technical Advisory Council is made up of diverse range of leading technical experts. They assist in providing the technical expertise the FCC requires to determine vital areas of innovation and develop informed technology policies supporting the U.S.’s competitiveness in the global economy.

This Council is helping the FCC to continue to spark the putting forth of ideas and recommendations in the National Broadband Plan. This includes how broadband communications can be part of the solution for the cost containment and delivery of health care, for energy and environmental conservation, for innovation in education, and in the development of jobs.

Deven Parekh has an accomplished educational background. He has a BS in Economics from the Wharton School at the University of Pennsylvania. Wharton, established in 1881, is the world’s first collegiate business school.

Deven Parekh’s academic education is a solid foundation for his work with Insight Venture Partners. He is part of the Wharton School’s 88,000 alumni spread across 145 nations worldwide. Wharton has state-of-the-art academic facilities in Philadelphia along with San Francisco, California.

Deven Parekh obtained his Bachelor of Science in Economics from one of the Wharton diverse degree programs. These programs include 20-plus undergraduate concentrations, 18 MBA majors, and 9 doctoral programs.

Deven Parekh will take part in responsibilities as a Board Observer With Buddy Media. Buddy Media helps advertisers manage their existence on the Facebook online community. The Company recently obtained $54 million in venture capital.

Proceeds from the transaction will greater than double product, sales, and support staff in the next year for Buddy Media. Moreover, the proceeds will pay for additional worldwide offices and also acquisitions.

Buddy Media’s services are for Facebook, nevertheless, not solely – advertisers can also utilize the Company for Twitter, among others, as they deem suitable. In 2011, Buddy Media has added nearly 200 new customers. This includes several of the world’s most identifiable worldwide retailers, brands, and media companies.

As a venture capitalist, Deven Parekh is investing in Buddy Media. A social media management software company, Buddy Media’s revenue has more than doubled since the end of 2010. The Organization won the TechCrunch “Crunchie” Award for Best Enterprise application in January 2011.

Buddy Media’s clients include Ford Motor Company, Hanes, ESPN, Hearst Corporation, and Virgin Mobile USA. The Company opened their European Headquarters in London, England in July 2011.

Deven Parekh is a Managing Director at Insight Venture Partners, a company based in New York, New York. Insight Venture Partners is a venture capital and private equity organization. In 1995, Jeff Horing and Jerry Murdock founded Insight Venture Partners.

Deven Parekh of Insight Venture Partners has added Buddy Media to his portfolio of creative enterprises. Buddy Media is worth $500 million based on the valuation that sources say the company earned in their newest $54 million financing round.

Buddy Media is the social media management software that 8 of the globe’s top ten international advertisers have selected. Along with Insight Venture Partners, Bay Partners, Institutional Venture Partners, and GGV Capital participated in Buddy Media’s current financing round.

Included in Deven Parekh’s investment portfolio are diverse companies, and the ones he determines for investment opportunities changes on a yearly basis. His choices are based on his meticulous research of technology businesses, which helps him in mitigating risk.

Deven Parekh joined Insight Venture Partners in 2000 and he performs analysis on social media startups to find potential investment opportunities. He works in concert with late-stage and expansion software, internet, and data-enabled entities to help them in developing their companies.

Deven Parekh concentrates on the internet and software verticals and he targets innovative businesses. He actively works to understand fully the markets in which they operate to help them optimize revenue along with profits.

He and the Insight team take part in varied types of investing. This includes pre-IPO rounds, take privates, M&A strategies, buyouts, recapitalizations, carve outs, and growth equity. At present, Insight has a capital base of approximately $3 billion.