Deven Parekh will participate in duties as a Buddy Media Board Observer. Buddy Media assists advertisers in managing their presence on the Facebook social network. The Company recently obtained $54 million in venture capital.
Proceeds from the transaction will greater than double sales, support staff, and product over the next year for Buddy Media. Additionally, the proceeds will pay for additional worldwide offices and acquisitions.
Buddy Media’s services are for Facebook, nevertheless, not solely – advertisers may also utilize the Company for Twitter, among others, as they deem suitable. In 2011, Buddy Media has added nearly 200 new customers. This consists of some of the world’s most well-known international retailers, brands, and media companies.