# Cheezburger Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cheezburger-network

- Industry: Media
- Headquarters: Seattle, US
- Website: www.cheezburger.com
- Total disclosed funding: $30M
- Latest round: Series A (Jan 17, 2011)
- Investors on record: 4

## About

Cheezburger Network is a digital media company that specializes in delivering humor-related entertainment through a variety of internet-based platforms, engaging audiences with user-generated content and memes.Founded in 2007, Cheezburger Network operates from Seattle, US and focuses on online humor content. The company has undergone a shift in strategy and was involved in a deal where Literally Media acquired a minority stake on April 21, 2016 for an undisclosed amount. Cheezburger Network has raised a total of USD 2.70 mn over its funding rounds, with the latest round amounting to USD 2.70 mn.The Big Cheezburger Network provides a wide array of internet-based entertainment and humor content via its digital platforms, including "I Can Has," "FAIL Blog," "MemeBase," and "Animal Comedy." These channels focus on user-generated content and original comedic material that resonates with a diverse audience, particularly in English-speaking markets such as the US, Canada, the UK, and Australia. The company utilizes social media to enhance user engagement and deliver shareable comedic content.Cheezburger Network generates revenue through digital advertising and partnerships with brands aiming to engage audiences via humor-driven content. The company primarily operates on a B2C model, allowing advertisers to pay for ad placements tailored to specific demographics. This structure supports various pricing plans for sponsored content and banner ads while ensuring content remains free for users, thus fostering continued engagement and viewership.Cheezburger Network aims to expand its offerings by designing new humor-based products and platforms, with specific timelines for release currently unannounced. The company is exploring potential expansion into new geographic markets, including Europe and Asia, by late 2024. Recent funding will assist in supporting these initiatives, particularly by enhancing digital infrastructure and marketing efforts to reach broader audiences.

## Funding rounds

- Series A, Jan 17, 2011, $30M — Avalon Ventures, Softbank Capital, Madrona Venture Group, Foundry Group

## Investors

- Avalon Ventures (https://capitalatlas.ai/funds/avalon-ventures) — Series A
- Softbank Capital (https://capitalatlas.ai/funds/softbank-capital) — Series A
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A