Deven Parekh Now on Midas List

Deven Parekh is Managing Director at Insight Venture Partners. This firm has its headquarters in New York City. Insight 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 Forbes Midas List. He is a graduate from the Wharton School. He is on the Board of Directors 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. Furthermore, he helped in directing Tumblr to its sale to Yahoo last year. Moreover, he achieved success with BuddyMedia: BuddyMedia was acquired by Salesforce in 2012 for $785 million. Additionally, in 2012, he guided a $165 million equity investment in Drilling Info. They are an Austin, Texas-based data intelligence provider for the gas and oil industry.