[3] The Texas Emerging Technology Fund supported it with a $500,000 grant.
[3] After four months of private beta, the site launched publicly in March 2007 during the South by Southwest festival in Austin, Texas, and began distributing member-created animation videos to Internet audiences worldwide.
Three weeks after its launch, MyToons had received more than 1.5 million unique visitors.
[6] In January 2009, MyToons laid off a large part of its staff.
In April 2009, MyToons closed down completely after venture capital funding ceased.