Deven Parekh will participate in responsibilities as a Buddy Media Board Observer. Buddy Media helps advertisers manage their presence on the Facebook online community. The Company obtained $54 million in venture capital recently.

Proceeds from the financial transaction will greater than double sales, support staff, and product over the next year for Buddy Media. Furthermore, the proceeds will pay for additional global offices and acquisitions.

The Company’s services are for Facebook, nevertheless, not solely – advertisers may also use the Company for Twitter, among others as they consider fit. Buddy Media has added almost 200 new customers in 2011. This includes a number of the world’s most well-known global retailers, brands, and media enterprises.