You probably have heard of jibjab.com, a site known for its video parodies and personalized internet gags. Founded by Gregg Spiridellis, a Wharton educated ex-investment banker, and his brother Evan, an accomplished animator, JibJab has become quite the success story. TechCrunch recently reported that JibJab closed "a $7.5 million Series C funding round with participation from new investors Overbrook Entertainment (a production company co-founded by Will Smith) and Sony Pictures Entertainment, as well as existing investor Polaris Venture Partners." Ten years after JibJab first launched, the site is now ranked by Quantcast to be among the Top 100 most popular sites in the U.S.
Friday, January 23, 2009
From 0 to $7.5 Million
You probably have heard of jibjab.com, a site known for its video parodies and personalized internet gags. Founded by Gregg Spiridellis, a Wharton educated ex-investment banker, and his brother Evan, an accomplished animator, JibJab has become quite the success story. TechCrunch recently reported that JibJab closed "a $7.5 million Series C funding round with participation from new investors Overbrook Entertainment (a production company co-founded by Will Smith) and Sony Pictures Entertainment, as well as existing investor Polaris Venture Partners." Ten years after JibJab first launched, the site is now ranked by Quantcast to be among the Top 100 most popular sites in the U.S.
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