Seattle – Cheezburger, the publisher of sites including I
Can Has Cheezburger and FAILblog, announced that it has acquired Know Your
Meme, a site that traces the development of Internet "memes."
While
financial terms of the deal were not disclosed, Tubefilter pegged the purchase
price at low seven-figures.
Know Your Meme was spun-off from New York-based Web
video network Rocketboom, and currently features research into memes like
Rebecca Black’s "Friday."
Seattle-based Cheezburger raised $30
million in funding in January.
The company’s network attracts 17.5 million
monthly visitors, who are uploading over 500,000 pictures and videos each
month.
Related Links:
http://tinyurl.com/49sgqzn
