Deven Parekh

Deven Parekh constantly looks for new investing opportunities. He researches diligently and thoroughly concerning Internet businesses. Via Insight Venture Partners, he utilizes his knowledge gained from his business experience and education to make quality decisions.

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

Deven Parekh understands the changing business paradigm worldwide. He further understands that organizations must embrace the power of new technology as is applicable to the Internet to advance the goals of their respective businesses. He looks to invest in companies that are unique, as an example the ones that are unique in regards to innovative communications software.

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

Publicolor features a program that helps students accomplish success in academics. They use design, collaboration, color, and the painting process. Publicolor’s aim is to get students involved with their education, schools, and communities.

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

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

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

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

Deven Parekh serves different organizations with his knowledge and experience. One 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 American businesses to turn export opportunities into sales. These sales assist in maintaining and creating jobs in America and play a role in a more robust national economy.

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

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

The FCC’s Technical Advisory Council is made up of varied range of leading technical experts. They help to provide the technical expertise the FCC requires to determine important areas of innovation and develop informed technology policies supporting the United States’ competitiveness in the world economy.

The Technical Advisory 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 delivery and cost containment of healthcare, for energy and environmental conservation, for innovation in education, and in the development of jobs.

Deven Parekh has an accomplished academic 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 education is a firm base for his work with Insight Venture Partners. He is part of Wharton’s 88,000 alumni spread across 145 countries around the world. Wharton has state-of-the-art educational facilities in Philadelphia in addition to San Francisco, CA.

Deven Parekh attained 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.

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. The Company 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 established their European Headquarters in London in July 2011.

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

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

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

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

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

Deven Parekh is focused on the software and internet verticals and he targets inventive organizations. He actively works to understand fully the markets in which they operate to help them optimize revenue and profits.

He and the Insight Venture Partners team participate in different types of investing. These include growth equity, carve outs, recapitalizations, buyouts, M&A strategies, take privates, and pre-IPO rounds. Insight currently has a capital base of approximately $3 billion.

Deven Parekh of Insight Venture Partners has added Buddy Media to his investment portfolio of inventive enterprises. Buddy Media is valued at $500 million according to the valuation that sources say the company earned in their newest $54 million financing round.

Buddy Media is the social media management software that eight of the world’s top 10 international advertisers have chosen. Along with Insight Venture Partners, Bay Partners, Institutional Venture Partners, and GGV Capital took part in Buddy Media’s recent financing round.

Included in Deven Parekh’s investment portfolio are diverse companies, and those he determines for investment opportunities changes each year. He bases his choices on his in-depth research of technology organizations, which helps him in mitigating risk.