FunnyOrDie Lands $3 Million
Internet comedy site FunnyOrDie, supported by Will Ferrell and seeded by Sequoia Capital, has raised $3 million in cash from a single, undisclosed investor.
The financing also includes an additional $3 million commitment for “in-kind contributions for marketing, publicity and promotional support for programing,” according to a regulatory filing.
It is not clear if the regulatory financing augments a $15 million investment reported by Portfolio Magazine earlier this year, or if it is a tranche of that financing.
Palo Alto, Calif.-based
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