Cheezburger Network Gets $30M for More LOLcats and Failpics

Gigaom - Cheezburger — the blog network that brought you I Can Has Cheezburger, the Fail blog, Engrish Funny and many other similar humor-oriented sites — today announced that it has closed a $30-million round of funding from a group of venture capital firms including Foundry Group and SoftBank Capital. The company said it plans to use the funds to build up its staff and grow the network in new directions. Brad Feld of Foundry Group will also be joining the Cheezburger board of directors.

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