Groupon Secures $450,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=49a314a2-e524-4245-940a-2711cdb96157&Preview=1 -
Date
1/10/2011 -
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
$450,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Groupon will use the funds to fuel globalexpansion, invest in technology, and provide liquidity for employees andearly investors. -
M&A Terms
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Venture Investor
Andreessen Horowitz -
Venture Investor
Greylock Partners -
Venture Investor
Kleiner Perkins Caufield & Byers -
Venture Investor
Maverick Capital -
Venture Investor
Silver Lake -
Venture Investor
Technology Crossover Ventures
