Groupon Secures $135,000,000 New Financing

  • Feed Type
  • Date
    4/19/2010
  • Company Name
    Groupon
  • Mailing Address
    600 W Chicago Ave Chicago, IL 60654
  • Company Description
    Launched in November 2008, Groupon features a daily deal on the best stuff to do, see, eat, and buy in a variety of cities across the United States. We have about 40 wonderful people working in our Chicago office (a handful of whom you can see to your right), along with a smattering of people in Groupon’s other cities.
  • Website
    http://www.groupon.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $135,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    A portion of the investment will be used to fuel Groupon’s global expansion, and the rest will be used to facilitate liquidity for employees and early investors.
  • M&A Terms
  • Venture Investor
    Digital Sky Technologies
  • Venture Investor
    Battery Ventures

By posting a comment, you agree to our terms and conditions.