Buddy Media Lands $54,000,000 Series D Financing

  • Feed Type
  • Date
    8/15/2011
  • 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
    $54,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The capital will be used to more than double its product, sales and support staff in the next year as well as fund additional global offices and acquisitions.
  • M&A Terms
  • Venture Investor
    GGV Capital
  • Venture Investor
    Institutional Venture Partners
  • Venture Investor
    Bay Partners
  • Venture Investor
    Insight Venture Partners