Deven Parekh, through Insight Venture Partners, has announced the company’s investment in Campaign Monitor. Launched in 2004, Campaign Monitor is a worldwide leader in Software as a Service (SaaS)-based email marketing and design solutions. Insight invested US$250 million in this company. This is Campaign Monitor’s initial round of funding.

Mr. David Greiner and Mr. Ben Richardson are the co-founders of Campaign Monitor. Over 100,000 paying customers in 170 countries depend on Campaign Monitor to manage their email marketing. Campaign Monitor is a top email marketing solution for creative agencies, high-growth businesses, and major international companies.

Deven Parekh and Insight Venture Partners work to find, fund, and work successfully with forward thinking executives who are propelling change in their respective industries. Mr. Parekh and the firm provide these executives and their businesses with practical, hands-on growth expertise to nurture long-term success. Deven and Mr. Nikitas Koutoupes, Insight Managing Directors, as well as associate Mr. Dan May, will join Campaign Monitor’s Board of Directors.