Mode acquires JibJab for up to $29.5 million amid its consumer data roll-up spree

JibJab, the e-card and video company perhaps still best known for a viral video from the Bush-Kerry election in 2004, has been acquired by Mode, a company with a very 2026 business model: rewarding app users for sharing their data, including for AI training. The deal includes up to $29.5 million in cash and stock. Mode says the purchase marks its 11th acquisition since January 2025 and its largest this year. The company plans to integrate JibJab with its rewards and monetization system, dubbe...