Buddy Media, a company providing Facebook Page management tools to brands, has just announced that the company's total funding is now over $33 million, thanks to $23 million just raised in Series C Funding.
Buddy Media has created an all-in-one social media management system for agencies and marketers. This enables them to create, manage, and campaigns on Facebook. The platform allows agencies to manage Facebook pages in a variety of languages, driving and increasing user and brand engagement. Those using Buddy Media need no prior FBML knowledge in order to create sleek and creative pages on Facebook.
Currently 300 agencies and brands are using Buddy Media, including the NHL and the Dallas Cowboys.
The company intends to use this new funding towards the hiring of more employees and further product development. If the company continues with the success it's already experienced this year, it may be on track to making $20 million by year's end.
Do you find value in companies like this? Or do you prefer to go it on your own when it comes to designing Facebook pages?