Parag joined the Maryland Venture Fund in 2016. He brings successful operational experience having worked with 6 different venture backed firms.
Parag is an entrepreneur at heart. For the past 20 years, he has successfully led sales and marketing efforts for several venture-backed startups and multi-nationals. He has time and again built multi-million dollar businesses starting from scratch as well as rapidly grown existing businesses across the globe. His expertise scales across verticals, company size and geography.
His first two venture backed start-ups were in the telecom hardware space and both had successful exits for the investors. One of the investors was Andy Jones formerly of Boulder Ventures. Subsequent venture backed start-ups were in telecom software, motion sensors and global outsourced back-office verticals. Parag understands the challenges entrepreneurs face, bootstrapped his own marketing software company into a successful business.
At High Street Partners Parag built the Mid-Atlantic region into the leading region across the country. High Street Partners was sold to HG Capital in 2014 for $100M and was rebranded as Radius. Parag ran the private equity business for Radius.
Recently, he and Andy Jones joined up again at the Maryland Venture Fund. At the Maryland Venture Fund, portfolio companies benefit from his deep sales and marketing experience.
Parag started his career at TTC (now JDSU) where he held several sales responsibilities over seven years. He also led North America marketing for Siemens AG, SIE (ETR) and global marketing for Spirent Communications, SPT (LON).
Parag is a well known connector in the Mid-Atlantic community. He holds a Bachelors in Electrical Engineering from the State University of New York at Buffalo and has a MBA from the Robert H. Smith School of Business at the University of Maryland.