Xconomy Seattle

BuddyTV Obtains $6,500,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f56e93a6-0d2e-4e02-8b29-31aeca199e66&Preview=1
Date
4/15/2008
Company Name
BuddyTV
Mailing Address
100 West Harrison Street Seattle, WA 98119
Company Description
Our goal is to bring entertainment and content closer to fans. We do this by providing original articles, news, spoilers, and interviews on an extremely broad range of television content. We also provide a forum where fans from all over the world can come and gossip, chat, and connect with other fans about their favorite TV shows. BuddyTV also enables fans, networks, and studios to conduct TVj “Television Jockey” broadcasts which allows these people to broadcast live audio, video, text, and polls around their favorite content. We are always striving to improve our site for you, so please contact us anytime.
Website
http://www.buddytv.com
Transaction Type
Venture Equity
Transaction Amount
$6,500,000
Transaction Round
Series B
Proceeds Purposes
Proceeds purposes were not disclosed, however the company launched its online advertising network concurrently with the funding announcement.
M&A Terms
Venture Investor
SoftBank Capital
Venture Investor
SoftBank Capital
Venture Investor
European Founders Fund
Venture Investor
Greycroft Partners
Venture Investor
Individual Investor