Keep pulling the thread on Deven Parekh.
Insight Partners sold its portfolio company Dotmatics to Siemens for just over $5 billion.
Deven Parekh believes that the systemic risk of a large-scale cyberattack on physical infrastructure, such as the electrical grid or water purification plants, is underpriced by the public.
Insight Partners is a stage-agnostic software investor, participating in rounds from Series A through to buyouts, but generally does not invest in seed or pre-seed stages.
Insight Partners employs over 60 full-time staff dedicated exclusively to deal sourcing, who contact between 20,000 and 30,000 companies annually.
Insight Partners is currently very active in a strategy it calls "venture buyouts," where it acquires controlling stakes in venture-backed companies to provide liquidity and strategic alignment.
Deven Parekh claims that since 1995, the software industry has not had a single year of decline in aggregate revenue, even through multiple recessions and economic cycles.
Deven Parekh stated that Google has signed a definitive agreement, which has not yet closed, to acquire Insight Partners' portfolio company Wiz for $32 billion.
Insight Partners sold its portfolio company Central Reach, a software provider for autism clinics, to Roper Industries for just under $2 billion.
Deven Parekh was an early investor in Twitter, Buddy Media, eVestman, Apris Insights, Website Pros, and Turnitin.
Insight Partners' investment thesis is focused on the software sector.
Insight Partners has a team that invests in therapeutics and biotechnology.
Insight Partners has grown from approximately 10 employees in 1999 to 450 employees today.