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Deven Parekh Appears on the Midas List

Deven Parekh is Managing Director for Insight Venture Partners. This firm has its headquarters in New York City. Insight is a top venture capital and private equity firm. Deven oversees investments in application software, e-commerce, and consumer internet data companies. This current year, Mr. Parekh debuted high on the Midas List (Forbes). He’s a graduate from the Wharton School (University of Pennsylvania). He’s on the Board at Fanatics, which is an online retailer for sports merchandise.

Deven Parekh had a 2009 investment in Twitter as well as investments in Flipboard, Chegg, and Tumblr. Additionally, he helped in directing Tumblr to its sale to Yahoo a year ago. In addition, he attained 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. Drilling Info is an Austin, Texas-headquartered data intelligence provider for the gas and oil industry.