Buddy Media, a developer of social networking apps, has raised a $6.5 million second round from Softbank, European Founders Fund, Greycroft Partners, Ron Conway, as well as its previous backers. The NYC-based company previously raised $1.5 million from Howard Lindzon, Peter Thiel, Roger Ehrenberg Mark Pincus and James Altucher, so its total $8 million raise comes from a list of very high profile firms and individual investors. Among the company’s apps is the Acebucks application on Facebook, which is basically a virtual currency or rewards points scheme. With the new funding, the company is officially launching its own ad network, as have the other big social net apps developers.
-
Buddy Media is fast becoming a digital branding powerhouse.
-
I haven't seen anything on the market that does what Buddy Media's Platform can do.
-
Buddy Media named top digital media company in the East by AlwaysOn!
-
Michael Lazerow named one of the Top 21 Social Media Superstars
Developed cross-platform social strategy for Busch Entertainment's Worlds of Discovery theme parks for Facebook, iPhone, and open web.
Created a dynamic, interactive experience for fans of the Atlantis brand using the Buddy Media Social Page Management System.
© 2009 Buddy Media, Inc. BUDDY MEDIA, EVERY BRAND NEEDS A BUDDY, BUDDYBRAIN, ACEBUCKS, YOU GOTTA EARN 'EM TO BURN 'EM, the AceBucks currency mark and all related designs and logos are trademarks of Buddy Media, Inc. All rights reserved. Privacy Policy.