Buddy Media Receives $5,000,000 Series C Financing

  • Feed Type
  • Date
    10/29/2010
  • 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
    $5,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    WPP’s cash investment into Buddy Media is an add-on to the $23MM Series C the company recently announced, increasing the size of that round to $28 million.
  • M&A Terms
  • Venture Investor
    WPP

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