Facebook Success Drives Developers' Businesses
Several New York-based developers' businesses have thrived from successful applications they have created for Facebook.
- Buddy Media: Social networking applications for brands like Reebok and FedEx allowed it to secure $8.5 million in funding from the likes of PayPal's Peter Thiel and grow to 30 employees.
- FamilyBuilder Inc.: Raised $1.5 million for family tree Facebook application in June '07 and has built enough momentum to launch its own Web site.
- Dank Apps: Developer of popular Facebook game The Lotto, is in the process of being sold for an undisclosed sum.
- Esgut: Developer of several Facebook games, was sold for over $1 million to Social Gaming Network.


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