Breaking: AceBucks Raises Second Round of Funding

Just one month ago I broke the news about Buddy Media raising $1.5 million from a powerhouse team of investors. Just today, Buddy Media closed a follow-on investment round with Bay Partners, the manager of the AppFactory fund. Michael Lazerow, CEO of Buddy Media, told me that they took an additional $200K so that they could work closely with all AppFactory companies to integrate their AceBucks application.

Since raising the initial series of funding, AceBucks has been adding over 11,000 users a day. This growth is crushing all of the competing currencies. Buddy Media is also working on building their relationships with other applications across Facebook to enable Acebucks integration. Acebucks has been working on launching an API in the near future as well as rolling out a number of other new features.

Acebucks has been working on building a virtual store that enables users to buy and sell real good for Acebucks. The new store will be officially released in the coming weeks. While Acebucks is exposed to significant inflationary risk, the powerhouse team of investors and strategic alliances gives Acebucks the leading edge in the world of Facebook currencies.

AllFacebook Marketing Conference Returns to San Francisco

Mediabistro Event

The AllFacebook Marketing Conference is returning to San Francisco on June 28-29. Join us and get a how-to guide for marketing to Facebook’s 800 million users. Special early pricing is available for only $249 until February 15, so register today. A full agenda will be announced soon. Keep an eye on our event site for more information

6275 Comments2007-10-22+02%3A11%3A13Nick+O%27Neill »

[...] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerptBuddy Media is also working on building their relationships with other applications across Facebook to enable Acebucks integration. Acebucks has been working on launching an API in the near future as well as rolling out a number of … [...]

Pingback by My Personal “Keep Me Up To Date On The Top News” blog » Breaking: AceBucks Raises Second Round of Funding — October 21, 2007 @ 10:40 pm
[...] from the likes of Facebook investor Peter Thiel, Howard Lindzon, Mark Pincus and James Altucher, All Facebook is reporting that they’ve taken an additional $200,000 so that they can “work closely with [...]

Pingback by Is AceBucks a Good Investment? — October 22, 2007 @ 10:38 pm
[...] from the likes of Facebook investor Peter Thiel, Howard Lindzon, Mark Pincus and James Altucher, All Facebook is reporting that they’ve taken an additional $200,000 so that they can “work closely with [...]

Pingback by Is AceBucks a Good Investment? « ShortNet — October 22, 2007 @ 11:04 pm
[...] first live application that integrates with the highly publicized Ace Bucks application (which I broke news about earlier this week). I played this application for about 10 minutes. It is a relatively addictive [...]

Pingback by Play Air Hockey on Facebook - The Unofficial Facebook Blog — October 23, 2007 @ 1:45 pm
[...] Lotto application, created by Dank Apps has received $250,000 in funding Bay Partners. I previously covered AceBucks receiving an additional $200,000 in funding from the Bay Partners AppFactory fund. So what is the [...]

Pingback by BREAKING: Lotto App Receives $250K in Funding - The Unofficial Facebook Blog — November 14, 2007 @ 3:20 pm

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[...] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerptBuddy Media is also working on building their relationships with other applications across Facebook to enable Acebucks integration. Acebucks has been working on launching an API in the near future as well as rolling out a number of … [...]

Pingback by My Personal “Keep Me Up To Date On The Top News” blog » Breaking: AceBucks Raises Second Round of Funding — October 21, 2007 @ 10:40 pm

[...] from the likes of Facebook investor Peter Thiel, Howard Lindzon, Mark Pincus and James Altucher, All Facebook is reporting that they’ve taken an additional $200,000 so that they can “work closely with [...]

Pingback by Is AceBucks a Good Investment? — October 22, 2007 @ 10:38 pm

Pingback by Is AceBucks a Good Investment? « ShortNet — October 22, 2007 @ 11:04 pm

[...] first live application that integrates with the highly publicized Ace Bucks application (which I broke news about earlier this week). I played this application for about 10 minutes. It is a relatively addictive [...]

Pingback by Play Air Hockey on Facebook - The Unofficial Facebook Blog — October 23, 2007 @ 1:45 pm

[...] Lotto application, created by Dank Apps has received $250,000 in funding Bay Partners. I previously covered AceBucks receiving an additional $200,000 in funding from the Bay Partners AppFactory fund. So what is the [...]

Pingback by BREAKING: Lotto App Receives $250K in Funding - The Unofficial Facebook Blog — November 14, 2007 @ 3:20 pm