Cheezburger Can Has $30M in Funding

Internet publisher Cheezburger received $30 million in funding. Foundry Group of Boulder, Colo., led the investment with Madrona Venture Group, Avalon Ventures, and SoftBank Capital. Cheezburger plans to use the capital to hire more employees and fund other marketing and growth initiatives. Cheezburger is expanding its board to include Foundry Group’s Brad Feld , Madrona Venture’s Greg Gottesman and Avalon Ventures’ Rich Levandov.

19 January 2011•4 mins read
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