Buddy Media Receives $5,000,000 Series C Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=97de6047-ff3a-46c2-8103-7d5f91b06483&Preview=1 -
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
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Venture Investor
WPP
