TMCnet News
Insight Partners Announces Government Advisory Board to Advise Insight and Help software leaders solve government's most pressing technological challengesNEW YORK, June 23, 2022 /PRNewswire/ -- Today, global software investor Insight Partners announced the establishment of its Government Advisory Board, a group of government and defense leaders whose combined expertise will provide a valuable, actionable network for Insight's portfolio of software startup and ScaleUp companies. With a 25+ year legacy of investing in software, Insight Partners already has a long history of investing in government across federal, defense, state, and local sectors (including K12). The Government Advisory Board will advise Insight Partners about important public sector investment opportunities and risks, and bring their deep experience to the broad set of portfolio companies that are working with government customers. The government, across all sectors, needs the next generation of great software companies to better serve constituents, modernize government, and deliver services more effectively and securely. With investments in companies from all corners of the globe, Insight has always maintained a belief that great software companies can originate from anywhere, and with the right strategic partner, expand rapidly into new markets. The Government Advisory Board allows Insight to bring the perspectives of former government leaders to provide strategic counsel to portfolio companies—so they can be better equipped to support government agencies across a range of important missions. Insight Partners' Government Advisory Board is made up of preeminent leaders with many decades of experience in the U.S. government, including:
"The ability of the United States government to deliver on its important missions—from national defense to Veterans health care to local K12 education—increasingly rests on government agencies being able to find, try, and use great commercial software," said Secretary Ash Carter. "That's why I rebuilt the Defense Department's links closer to the proverbial Silicon Valley when I was Secretary of Defense—via the creation of the Defense Innovation Unit, Defense Digital Services, and the Defense Innovation Board—and why I'm so dedicated to working with Insight Partners and their portfolio of leading software companies." "I'm enthusiastic about the opportunity to work with these accomplished, inspiring colleagues at Insight Partners to help companies advance their capabilities and the government achieve its aims," said Sue Gordon. "After my experiences running two AI 'startups' in the Department of Defense, I am honored to join my esteemed colleagues on Insight Partners' government advisory board," said Lt General (ret.) Jack Shanahan. "We are excited by the opportunity to work closely with Insight Partners in their quest to find the country's best technology companies and help solve the government's most pressing challenges." "Insight Partners is very thoughtful and deliberate in identifying companies with innovative solutions and helping them scale to meet the critical needs of our nation and the world. I am excited to partner with the other amazing Government Advisory Board members to support Insight," said Essye Miller. "Digital technology is driving the world at an accelerated rate. Yet the U.S. government keeps falling further behind. I'm very excited to work with Insight Partners' to navigate challenges of working with the government at software speeds," said Will Roper. "Government—as a customer, funder, and regulator—needs to be working with the best software companies, to promote economic growth, fairness, and innovation," said Nicole Wong. "I'm delighted to join the Insight Partners Government Advisory Board, and am excited to work with the team at Insight and the word-class entrepreneurs they support." "I am really excited to work with Insight Partners as they try to help these highly innovative companies that are so important to helping the US maintain its competitive edge," said General (ret.) Joe Votel. About Insight Partners Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of February 24, 2022, the closing of the firm's recent fundraise, Fund XII, brings Insight Partners' regulatory assets under management to over $90B. Insight Partners has invested in more than 600 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Insight Partners supports great software leaders at all stages of their growth journey, from first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on Twitter @insightpartners SOURCE Insight Partners |