TVGuide.com Buys Stake In BuddyTV
BuddyTV has raised $2.8 million in funding in a deal led by Gemstar-TV Guide International, the operator of TVGuide.com, JumptheShark.com and other TV-oriented Web sites.
BuddyTV co-founder Andy Liu said the startup — with just under 20 employees and more than 3 million unique visitors a month — received a lot of interest during the financing round.
BuddyTV was founded by Liu and David Niu, who both have MBAs from the Wharton School at the University of Pennsylvania.
They sold their previous company, NetConversions, to aQuantive in 2004. BuddyTV builds online communities around popular television shows and sporting events. Liu said the company covers about 410 shows.
Photo by BuddyTV.
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