Deven Parekh will engage in duties as a Buddy Media Board Observer. Buddy Media helps advertisers manage their existence on the Facebook social network. Buddy Media recently obtained $54 million in venture capital.
Proceeds from the financial transaction will more than double sales, support staff, and product over the next year for Buddy Media. Moreover, the proceeds will pay for additional global offices and also acquisitions.
Buddy Media’s services are for Facebook, nevertheless, not exclusively – advertisers also can use the Company for Twitter, among others as they consider fit. Buddy Media has added almost 200 new customers in 2011. This consists of some of the globe’s most recognizable global brands, retailers, and media companies.