My Damn Channel produces original comedy content for the web, distributing series both on its own site and through partner platforms. Its lineup includes series such as Wainy Days, Horrible People, and You Suck at Photoshop. The company is positioned among firms creating professionally produced content specifically for online audiences. According to a regulatory filing, it has raised $1.0M as part of an ongoing $3.0M funding round. Details on the new funding tranches and terms have not been announced. The firm has previously raised capital from Intuitive Venture Partners, Okapi Venture Capital, and Sunshine Wireless, who appear to be involved in the current round. My Damn Channel produces original, celebrity-driven web video focused on comedy and music, and partners with brands to create sponsored content. Its programming has featured Keanu Reeves, Jonah Hill, Sarah Silverman and a music series from Don Was. Corporate branding is a primary revenue driver—IKEA is the sole sponsor of the original series “Easy to Assemble,” which drew 13 million page views in its most recent season. The company is investing in marketing and social media to grow audiences and plans to roll out paid-for premium content in the fourth quarter. It launched in 2007 and operates sales and management teams in Los Angeles and New York. The site is directing resources to expand its sales personnel and add management hires following a new funding infusion. MyDamnChannel is a comedy video website launched by former MTV executive Rob Barnett. The site publishes original comedy content including parodies and pop-culture spoofs and has enlisted talent such as Andy Milonakis and Harry Shearer. Shearer contributes impersonations of President George Bush and Vice President Dick Cheney in some skits. The site aims to compete with FunnyOrDie and to take a different approach to content discovery than other large video platforms. Its stated revenue model splits advertising profits 50-50 with content owners. Okapi Venture Capital is providing funding to help get the site off the ground.

Total raised

$5M

Funding rounds

3

Latest round

Equity

Latest activity

Aug 2012