JibJab Raises $7.5M

Venice, California-based JibJab, the online comedy site known for their politically-oriented, musical animations, said this morning that it has raised $7.5M in a Series C funding round. The round came from Overbrook Entertainment and Sony Pictures Entertainment, along with existing investor Polaris Venture Partners. James Lassiter of Overbrook Entertainment will join the firm's board as part of the funding, with Guy Primus, Overbrook's Head of Interactive Media joining JibJab's advisory board. JibJab is best known for its presidential satires, and was founded by Evan and Gregg Spiridellis in 1999. The firm originally started as a developer of online content, and now offers online greetings cards and monthly subscriptions for accessing certain content on its site. More information »