Deven Parekh will take part in responsibilities as a Board Observer With Buddy Media. Buddy Media helps advertisers manage their existence on the Facebook online community. The Company recently obtained $54 million in venture capital.
Proceeds from the transaction will greater than double product, sales, and support staff in the next year for Buddy Media. Moreover, the proceeds will pay for additional worldwide offices and also acquisitions.
Buddy Media’s services are for Facebook, nevertheless, not solely – advertisers can also utilize the Company for Twitter, among others, as they deem suitable. In 2011, Buddy Media has added nearly 200 new customers. This includes several of the world’s most identifiable worldwide retailers, brands, and media companies.