Deven Parekh of Insight Venture Partners has added Buddy Media to his investment portfolio of innovative enterprises. Buddy Media is worth $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 globe’s top 10 international advertisers have selected. In addition to Insight Venture Partners, GGV Capital, Institutional Venture Partners, and Bay Partners took part in Buddy Media’s current financing round.

Included in Deven Parekh’s investment portfolio are diverse companies, and those he selects for investment opportunities changes annually. His choices are based on his in-depth research of technology firms, which helps to mitigate risk.

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

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

Deven Parekh understands the ever-evolving business paradigm worldwide. He further understands that enterprises must grasp the power of new technology as pertains to the Worldwide Web to advance the plans of their respective businesses. He looks to invest in firms that are unique, for example those that are unique with regards to innovative communications software.

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

Publicolor features a program that can help students realize academic success. Publicolor uses color, collaboration, design, plus the painting process. Publicolor’s aim is to get students involved in their communities, schools, and education.

Those, including Deven Parekh, who commit their energy and time to Publicolor, assist in the instructing of the process of commercial painting. Subsequently, this creates a student community who work together.

Deven Parekh focuses on new investment opportunities, which involve technology in this modern-day digital age. He invests in software, Internet as well as data services. These innovative businesses have a new approach to conducting 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 as well as the organizations they regard as progressive.

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

Deven Parekh serves diverse organizations with his knowledge and experience. A good example is his work with the US Export-Import Bank. He serves on 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.

This Bank enables large and small American firms to convert export opportunities into real sales. These sales assist in maintaining and creating jobs in the States and contribute to a more robust national economy.

The US Export-Import Bank provides export credit insurance; working capital guarantees (pre-export financing); and direct loans (buyer financing) and loan guarantees. On average, 85 % of their 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 cable, satellite, wire, television, and radio in all 50 states, the District of Columbia, and U.S. territories.

The Technical Advisory Council of the FCC is made up of diverse 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 United States’ competitiveness in the world economy.

The Technical Advisory Council is helping the FCC to continue to expedite the advancement 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 healthcare, for environmental and energy conservation, for education innovation, and in the development of jobs.

Deven Parekh has an accomplished academics 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 foundation for his work with Insight Venture Partners. He is part of the Wharton School’s 88,000 alumni spread across 145 nations around the globe. Wharton has state-of-the-art educational facilities in Philadelphia, PA in addition to San Francisco, CA.

Deven Parekh received his BS 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 responsibilities as a Buddy Media Board Observer. Buddy Media helps advertisers manage their presence on the Facebook online community. The Company obtained $54 million in venture capital recently.

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

The Company’s services are for Facebook, nevertheless, not solely – advertisers may also use the Company for Twitter, among others as they consider fit. Buddy Media has added almost 200 new customers in 2011. This includes a number of the world’s most well-known global retailers, brands, and media enterprises.

Deven Parekh, as a venture capitalist, is investing in Buddy Media. A social media management software company, Buddy Media’s revenue has more than doubled since the end of 2010. They won the TechCrunch “Crunchie” Award for Best Enterprise application in January 2011.

Some of Buddy Media’s customers include Ford Motor Company, Hanes, ESPN, Hearst Corporation, and Virgin Mobile USA. The Company established their European Headquarters in London, England 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.

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

Deven Parekh focuses primarily on the software and internet verticals and he targets innovative organizations. He works to understand fully the markets they operate in to assist them in optimizing revenue as well as profits.

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