Monday June 17, 2019

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Buddy Media Receives $54 Million in New Financing Round

Image representing Buddy Media as depicted in ...

Image via CrunchBase

NY’s Buddy Media, which helps advertisers manage their presence on Facebook and other social networks has announced that it has closed a $54 million financing round.  The company is now worth close to $500 million and plans to use its most recent financing round for expansion into Europe and to double the size of the company’s staff.

Insight Venture Partners as well as Institutional Venture Partners, Bay Partners and GGV Capital all invested money into Buddy Media during their most recent financing round.

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