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Facebook Sponsored App Maker Claims 300% Revenue Growth

Ten days ago, we reported that Facebook applications will probably make more money than Facebook in 2009.

Local startup Buddy Media would like to take some of the credit.

The startup, which makes sponsored Facebook, MySpace, and iPhone apps for brand advertisers, says it’s on track to post a 300% increase in revenue in 2009 compared to 2008. Of course, the fact that Buddy Media is still small helps make the relative comparison look good, but CEO Mike Lazerow insists the revenues are real.

“We’ve gone from zero to eight figures in revenue in less than two years,” he told us. “It’s a policy of the company that we don’t release revenue numbers, but this is significant growth.”

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