Prasanth V Boccasam
Profile
Prashanth, or "PV", brings over 20 years of operational and executive management experience
to Novak Biddle Venture Partners. PV is currently on the boards of Approva, Appfluent,
Appian and Centrifuge Systems through investments as a partner at Novak Biddle Venture
Partners. He was most recently an investor and co-founder of ClearStandards that was sold
to SAP AG in May 2009.
PV was the founder and CEO (2001-2008) and current Chairman of Approva Corporation. He lead
a team of dedicated professionals to make it the gold-standard for how large global companies
and their external auditors ensure the strength of their company's internal controls. Approva
is backed by marquee venture capital firms including Novak Biddle, New Enterprise Associates
(NEA), Columbia Capital, and Sierra Ventures with strategic investment from Hyperion/Oracle
Corporation.
Before founding pprova, PV was co-founder and president (1996-2000) of Entevo, Corp., which
was sold to Bindview (now part of Symantec) for $125 million in January 2000. Entevo raised
over $25M dollars in venture capital was backed by marquee investors including NEA, Oak
Investment Partners, Draper International, FBR Ventures, SAP Ventures and Novak Biddle Venture
Partners. Prior to founding Entevo, PV spent several years managing enterprise-class products
at Microsoft's Advanced Systems Division, and later as a Director in its worldwide consulting
services group (MCS).
PV was selected as a finalist for the Ernst & Young Entrepreneur of the Year for three
consecutive years (2006, 2007, and 2008) for the Greater Washington region. He has also been
recognized for building one of the Hottest Management Teams in the Washington DC area by the
Northern Virginia Technology Council (NVTC), the nation's largest technology think tank, and
was the “Top 40 Under 40” by the WashingtonBusiness Magazine. PV is as an active board member
of TiE-DC (since 2001), Washington's largest business networking organization, which provides
area entrepreneurs with mentorship and support. PV Established the TiE-Smith Fellows Program
in conjunction with Dingman Center of Enterpreneurship at UMD’s Smith Business School. PV is
also the Chairperson of Pratham-DC, India's largest non-governmental educational non-profit
group. PV is an investor and advisor in Communikids — Washington DC Metro area's one and only
premier bilingual pre-school for children.
PV holds advanced degrees in Computer Science from the University of Pune (India) and the
University of Cincinnati, and is a graduate of the Executive Management Program at MIT's
Sloan School. PV is also a Fellow at University of Maryland Smith Business School.
Areas of Interest :