JibJab jacks up $7.5 million
Because we need to ensure that silly do-it-yourself comedy will stay alive during these harrowing financial times, the magic venture capital fairies have infused JibJab.com with a $7.5 million Series C round. And by "magic venture capital fairies" I actually mean Overbrook Entertainment, Sony Pictures Entertainment, and existing investor Polaris Venture Partners.
Founded in 1999 by brothers Gregg and Evan Spiridellis, JibJab started as a hub for funny political song-and-dance videos that the two created, but in 2007 the company began an e-card service called "Starring You!" in which visitors to the site could … Read more