Deven Parekh

Deven Parekh focuses on new investment opportunities, which 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 conducting business on a worldwide basis.

Deven Parekh’s expertise is the analysis of such businesses. He uses his varied career and educational experiences, and his solid research abilities to help him make investment decisions that benefit Insight as well as the organizations they consider cutting-edge.

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

Deven Parekh serves diverse organizations with his knowledge and experience. An 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 small and large U.S. firms to turn export opportunities into actual sales. These sales assist in maintaining and creating jobs in America and promote a more robust national economy.

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

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 50 states, the District of Columbia, and U.S. territories.

The FCC’s Technical Advisory Council includes a diverse range of leading technical experts. They assist in providing the technical expertise the FCC requires to determine important areas of innovation and develop informed technology policies supporting the U.S.’s competitiveness in the world economy.

The Technical Advisory Council is helping the FCC to continue to promote 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 delivery and cost containment of health care, for environmental and energy conservation, for innovation in education, and in the creation of jobs.

Deven Parekh has an accomplished educational background. He has a Bachelor of Science 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 firm base for his work with Insight. He’s part of Wharton’s 88,000 alumni spread across 145 nations around the globe. Wharton has modern educational facilities in Philadelphia, PA and in San Francisco, California.

Deven Parekh received his Bachelor of Science in Economics from one of the School’s varied degree programs. These programs include 20-plus undergraduate concentrations, 18 MBA majors, and 9 doctoral programs.

Deven Parekh will participate in duties as a Buddy Media Board Observer. Buddy Media assists advertisers in managing their presence on the Facebook social network. The Company recently obtained $54 million in venture capital.

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

Buddy Media’s services are for Facebook, nevertheless, not solely – advertisers may also utilize the Company for Twitter, among others, as they deem suitable. In 2011, Buddy Media has added nearly 200 new customers. This consists of some of the world’s most well-known international retailers, brands, and media companies.

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

Deven Parekh concentrates on the internet and software verticals and he targets cutting-edge companies. He actively works to understand fully the markets they operate in to assist them in optimizing revenue along with profits.

He and the Insight Venture Partners team take part in assorted 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 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 world’s top 10 global advertisers have selected. Together with Insight Venture Partners, Bay Partners, Institutional Venture Partners, and GGV Capital participated in Buddy Media’s current round of financing.

Included in Deven Parekh’s investment portfolio are diverse companies, and the ones he chooses for investment opportunities changes annually. He bases his choices on his in-depth research of technology companies, which helps to mitigate risk.

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 of 2011.

Some of Buddy Media’s clients include Ford Motor Company, Hanes, ESPN, Hearst Corporation, and Virgin Mobile USA. Buddy Media 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 private equity and venture capital firm. In 1995, Jeff Horing and Jerry Murdock founded Insight Venture Partners.

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

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

Buddy Media’s services are for Facebook, nevertheless, not exclusively – advertisers also can use the Company for Twitter, among others as they consider fit. Buddy Media has added almost 200 new customers in 2011. This consists of some of the globe’s most recognizable global brands, retailers, and media companies.