Buddy Media Garners $23,000,000 Series C Round

  • Feed Type
  • 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
  • Venture Investor
    Institutional Venture Partners
  • Venture Investor
    SoftBank Capital
  • Venture Investor
    Greycroft Partners
  • Venture Investor
    Bay Partners

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