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

Buddy Media is the social media management software that 8 of the globe’s top ten global advertisers have selected. In addition to Insight Venture Partners, GGV Capital, Institutional Venture Partners, and Bay Partners took part in Buddy Media’s latest round of financing.

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

Deven Parekh continually searches for new investing opportunities. He researches diligently and thoroughly with regards to Internet businesses. Through Insight Venture Partners, he makes use of his expertise gained from his education and business experience to make sound decisions.

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

Deven Parekh recognizes the changing business paradigm worldwide. He further understands that businesses must grasp the power of new technology as is applicable to the Internet to advance the plans of their respective companies. He looks to invest in firms that are unique, as an example those that are unique with 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 non-profit entity focusing on helping students become productive members of America’s workforce.

Publicolor has a program that helps students achieve academic success. They use color, collaboration, design, and the process of painting. Publicolor’s goal is to get students involved in their communities, schools, and education.

Those, including Deven Parekh, who commit their energy and time to Publicolor, facilitate the teaching of the steps involved in commercial painting. Subsequently, this creates a community of students that works together.

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

Deven Parekh’s expertise is analyzing such enterprises. He makes use of his different educational and career experiences, and his solid research capabilities to help him make investment decisions that benefit Insight Venture Partners and the companies they regard as progressive.

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

Deven Parekh serves different organizations with his experience and knowledge. One example is his work with 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 the United States 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 America and promote a more robust U.S. 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 the Bank’s transactions directly benefit small businesses of the United States.

Furthermore, Deven Parekh serves on the Technical Advisory Board of the Federal Communications Commission (FCC). The FCC regulates interstate and international communications by radio, television, wire, satellite and cable in all fifty states, D.C., and United States territories.

The FCC’s Technical Advisory Council includes a varied range of leading technical experts. They help to provide the technical expertise the FCC needs to identify important areas of innovation and develop informed technology policies supporting the U.S.’s competitiveness in the world economy.

This Council is helping the FCC to continue to promote the advancement of ideas and recommendations 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 energy and environmental conservation, for innovation in education, 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 Bachelor of Science in Economics. Established in 1881, Wharton is considered the world’s first collegiate business school.

Deven Parekh’s education is a solid foundation for his work with Insight. He’s part of Wharton’s 88,000 alumni spread across 145 countries around the world. Wharton has modern academic facilities in Philadelphia along with 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 Board Observer With Buddy Media. Buddy Media assists advertisers in managing their existence on the Facebook online community. The Company recently obtained $54 million in venture capital.

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

Buddy Media’s services are for Facebook, however, not exclusively – advertisers may also use Buddy Media for Twitter, among others as they consider fit. In 2011, Buddy Media has added nearly 200 new customers. This consists of a number of the world’s most well-known global brands, retailers, 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. The Organization won the TechCrunch “Crunchie” Award for Best Enterprise application in January of 2011.

Buddy Media’s clients include Virgin Mobile USA, Hearst Corporation, ESPN, Hanes, and the Ford Motor Company. 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 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 discover potential investment opportunities. He works in concert with late-stage and expansion software, internet, and data-enabled enterprises to help them in developing their enterprises.

Deven Parekh focuses on the internet and software verticals and he targets cutting-edge businesses. He 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 engage in diverse types of investing. This includes growth equity, carve outs, recapitalizations, buyouts, M&A strategies, take privates, and pre-IPO rounds. Insight presently has a capital base of approximately $3 billion.