Binary Fountain names co-founder to helm corporate development

Binary Fountain said Thursday that it has named Rahul C. Prakash, a co-founder and current board member, to lead its corporate development effort. Prakash is a general partner at the telecom-focused private equity fund Everest Wireless Partners. Headquartered in McLean, Virginia, Binary Fountain is a provider of social intelligence solutions.

PRESS RELEASE

McLean, VA (PRWEB) April 10, 2014
Binary Fountain, the SaaS based social intelligence company, announced that Rahul C. Prakash, a co-founder and current board member, has agreed to take charge of the corporate development function of the firm. In his new expanded role, Prakash will drive the corporate development strategy with a focus on partnerships, M&A and exploring international expansion. Prakash joins the executive management team and will work closely with Binary Fountain’s CEO, Ramu Potarazu.
“Rahul has been a tremendous asset to Binary Fountain since its inception. We are delighted about his expanded role and additional focus that he is putting on the business,” said Potarazu.
Prakash is also the general partner for Everest Wireless Partners Limited, a private equity fund focused on investing in the telecom sector all over the world. Prior to forming Everest, Prakash was the president of Telcom Ventures, a large private equity firm. He has served as CEO of several of Telcom Ventures’ portfolio companies, and also has served on the boards of several US public companies like Teligent and Aether Systems.
“I am excited to expand my role with Binary Fountain. Seldom a business aligns where a rapidly changing industry and a global megatrend collide. We have a very unique opportunity right now,” said Prakash.
About Binary Fountain
Binary Fountain is a leading social intelligence company that extracts operational feedback from online conversations and distills the results into actionable insights. The company’s enterprise SaaS platform, Social Compass, integrates all forms of customer and employee feedback and leverages state-of-the-art natural language processing to help organizations understand and act on millions of conversations in real time.
For more information, visit BinaryFountain.com or e-mail media(at)BinaryFountain(dot)com.

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