Prashanth V. Boccasam
Biography
Prashanth, or “PV”, brings over 20 years of management experience to Approva Corporation. At Approva, he leads the execution of his vision and strategy to ensure continued leadership in the emerging area of Governance, Risk and Compliance (GRC). Approva is now a 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 NovakBiddle, NEA, Columbia Capital, and Sierra Ventures with strategic investment from Hyperion/Oracle.
Before founding Approva, PV was co-founder and president of Entevo, Corp., which was sold to a NASDAQ-listed company for $125 million in January 2000. Following the acquisition, he defined the overall strategic direction of the company’s product portfolio. Entevo raised over $27M dollars in venture capital was backed by marquee investors including NEA, Oak Investment Partners, Draper International, FBR Ventures, SAP Ventures and NovakBiddle Venture Partners.
Prior to founding Entevo, PV spent several years developing and managing enterprise-class products at Microsoft’s Systems Division, and later in its Worldwide Consulting Groups (MCS). PV’s extensive software and management experience includes building, marketing, and selling enterprise software products in the areas of Internet and application infrastructure, ERP, directory, and security management.
PV was selected a finalist for the Ernst & Young Entrepreneur of the Year for three consecutive years (2006, 2007, 2008) for the Greater Washington region. He has also been recognized for building one of the Hottest Management Teams in the Washington D.C. area by the Northern Virginia Technology Council (NVTC), the nation’s largest technology think tank. PV is as an active board member of TiE-DC, Washington’s largest business networking organizations to provide area entrepreneurs with mentorship and support. PV is also a Fellow at University of Maryland Smith Business School and co-leads the TiE-Smith Fellows Program for Entrepreneurs. PV is an eminent spokesperson and writer in the areas of continuous controls monitoring, continuous auditing, IT and Application Security, fraud, corporate governance, risk and compliance related industry events.
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.