Buddy Media Receives $5,000,000 Series C Financing
Feed Type
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.
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.