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Entries from Digital Intelligence tagged with "cheezburger"

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I can haz $30m? Lolcats blog network gets funding boost

The Cheezburger Network, owner of popular blogs such as ICanHasCheezburger, FAILBlog and PunditKitchen, has raised $30 million in venture capital. The network, responsible for many of the internet’s most widely circulated memes, was formed in 2007 by Beh Huh, and has grown to cover 50 user-generated blogs.

The vast majority of the content is user generated with people using the site’s tools to create their own lolcats and other memes. The firm said the funding came from Foundry Group, Madrona Ventures, Avalon Ventures, and SoftBank Capital.

19/01/2011  |  Full story...

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