Deven Parekh

Deven Parekh continually looks for new investing opportunities. He researches diligently and thoroughly regarding Internet businesses. Through Insight Venture Partners, he makes use of his expertise acquired 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 in concert with portfolio company executives. They work together with client management teams, adding to their clients’ existing resources.

Deven Parekh recognizes the ever-evolving business paradigm globally. He further understands that businesses must embrace the effectiveness of new technology as applies to the Internet to advance the aims of their respective companies. He looks to invest in companies that are unique, as an example those that are unique with regards to innovative communications software.

Deven Parekh works together with Publicolor (www.publicolor.org). He’s Chairman of the Board of this organization. Publicolor is a not-for-profit entity and their focus is helping students become productive members of the U.S.’s labor force.

Publicolor features a program that helps students realize academic success. Publicolor uses color, collaboration, design, as well as the process of painting. Publicolor’s goal is to get students involved in their communities, schools, and education.

Those, such as Deven Parekh, who dedicate their time and energy to Publicolor, facilitate the teaching of the process of commercial painting. Therefore, this produces a community of students who work together.

Deven Parekh concentrates on new investment opportunities that involve technology in this modern-day digital age. He invests in software, Internet as well as data services. These innovative businesses have a new approach to doing business on a global basis.

Deven Parekh’s expertise is the analysis of such companies. He makes use of his diverse career and educational experiences, and his solid research capabilities to help him make investment decisions that benefit Insight and the businesses they regard as cutting-edge.

These days, businesses must be forward thinking and at the forefront of new technology. Through investing in these types of businesses, Deven Parekh assists them in bringing their innovations to the marketplace where other companies can have access to their innovations.

Deven Parekh serves varied organizations with his experience and knowledge. 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.

The US Export-Import Bank enables large and small U.S. firms to turn export opportunities into sales. These sales help to maintain and create jobs in the U.S.A and promote a stronger U.S. 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 % of their transactions directly benefit small business owners of the U.S.

In addition, Deven Parekh serves on the Federal Communications Commission’s (FCC’s) Technical Advisory Board. 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 Technical Advisory Council of the FCC includes a diverse spectrum of leading technical experts. They help to provide the technical expertise the FCC requires to identify vital areas of innovation and develop informed technology policies supporting the United States’ competitiveness in today’s world economy.

The Technical Advisory Council is helping the FCC to continue to expedite the putting forth of recommendations and ideas 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 environmental and energy conservation, for education innovation, and in the creation of jobs.

Deven Parekh has an accomplished academics background. From the Wharton School at the University of Pennsylvania, he has a BS in Economics. Established in 1881, Wharton is the world’s first collegiate business school.

Deven Parekh’s education is a firm foundation for his work with Insight. He is part of the Wharton School’s 88,000 alumni in 145 countries globally. Wharton has modern academic facilities in Philadelphia in addition to San Francisco, CA.

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 engage in duties as a Buddy Media Board Observer. Buddy Media helps advertisers manage their presence on the Facebook social network. Buddy Media obtained $54 million in venture capital recently.

Proceeds from the financial transaction will more than double sales, support staff, and product over the next year for Buddy Media. Additionally, the proceeds will pay for additional global offices and acquisitions.

The Company’s services are for Facebook, however, not exclusively – advertisers may also use Buddy Media for Twitter, among others, as they deem suitable. In 2011, Buddy Media has added nearly 200 new customers. This includes several of the globe’s most recognizable international retailers, brands, and media companies.

As a venture capitalist, Deven Parekh is investing in Buddy Media. This Company, a social media management software enterprise, has seen their revenue more than double since the end of 2010. They had the honor of winning the TechCrunch “Crunchie” Award for Best Enterprise application in January of 2011.

Some of this organization’s customers include Ford Motor Company, Hanes, ESPN, Hearst Corporation, and Virgin Mobile USA. Buddy Media established 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. Jeff Horing and Jerry Murdock founded Insight Venture Partners in 1995.

In 2000, Deven Parekh joined Insight Venture Partners and he performs analysis on social media startups to locate potential opportunities for investment. He works together with expansion and late-stage software, internet, and data-enabled companies to assist them in growing their businesses.

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

He and the Insight team take part in various kinds of investing. These include pre-IPO rounds, take privates, M&A strategies, buyouts, recapitalizations, carve outs, and growth equity. Currently, Insight has a capital base of approximately $3 billion.

Deven Parekh of Insight has added Buddy Media to his investment portfolio of creative companies. Buddy Media is worth $500 million according to the valuation that sources say the company earned in their newest $54 million round of financing.

Buddy Media is the social media management software that 8 of the world’s top ten global advertisers have chosen. Along with Insight Venture Partners, Bay Partners, Institutional Venture Partners, and GGV Capital took part 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. He bases his choices on his thorough research of technology businesses, which helps him in mitigating risk.