We hear from a good source that instant messaging platform eBuddy is out talking to VCs about raising $20 million at a $100 million valuation. eBuddy makes software for mobile phones, mainly feature phones, that make it easy to chat with your friends. It sounds simple enough, but it’s something people all over the world are addicted to. eBuddy recently announced that it has reached 100 million mobile downloads so it certainly looks like it’s got traction, and the fact that hot mobile messaging startup GroupMe just got a solid exit can’t hurt.
eBuddy did not respond to a request for comment.