Buddy Media Raises $54M
Buddy Media, which helps advertisers and brands manage their presence on social networking sites like Facebook, has raised $54 million in new financing, the company announced Monday. Buddy Media sealed a $500 million valuation with the current round, according to media reports. GGV Capital, Institutional Venture Partners and Bay Partners, as well as new investor Insight Venture Partners contributed to the Series D funding. GGV partner Jeff Richards is joining the company’s board.
15 August 2011•7 mins read
