Jacobson and Glazer will executive-produce, along with their fellow Upright Citizens Brigade vet Amy Poehler. Dave Becky and Sam Saifer will also executive-produce, with Tony Hernandez serving as co-executive producer.
According to Alterman, the series was given a pilot order based on Poehler's recommendation.
"Amy Poehler told me this would be a great show for us, and that's good enough for me," Alterman said.
"Broad City" revolves around two girls (Jacobson and Glazer) as they navigate their daily lives in New York City and find themselves in mundane situations that are nonetheless "hysterical and disturbing to watch all at the same time," according to Comedy Central.
The series launched on the web in late 2009.
