Buddy Media Garners $23,000,000 Series C Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f4903bf1-032a-4f95-b605-1750d7b12228&Preview=1 -
Date
10/19/2010 -
Company Name
Buddy Media -
Mailing Address
1845 Broadway New York, NY 10023 -
Company Description
Buddy Media is a leading developer of applications for social media sites, including Facebook and MySpace. Buddy Media owns and operates more than 15 applications that have been added by more than 7 million Facebook users. Our current focus is on creating sticky, super viral applications that help users get more out of Facebook and other social media. -
Website
http://www.buddymedia.com -
Transaction Type
Venture Equity -
Transaction Amount
$23,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The expansion capital will be used to triple Buddy Media’s employee headcount to 300 in the next 18 months, aswell as fund other marketing and growth initiatives. -
M&A Terms
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Venture Investor
Institutional Venture Partners -
Venture Investor
SoftBank Capital -
Venture Investor
Greycroft Partners -
Venture Investor
Bay Partners
