Group Commerce Receives $21,000,000 Series C Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80413b5f-6e86-488b-b9cb-38e97c71e95d&Preview=1 -
Date
5/30/2012 -
Company Name
Group Commerce -
Mailing Address
628 Broadway New York, NY 10012 -
Company Description
The company has developed a white label, full-service group buying platform for publishers and merchants. -
Website
http://www.groupcommerce.com -
Transaction Type
Venture Equity -
Transaction Amount
$21,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The funding will be used to increase support for its growing US client base, further develop its technology platform to enable all forms of e-commerce, and to accelerate its rollout into the UK, Germany and other European countries. -
M&A Terms
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Venture Investor
JAFCO Ventures -
Venture Investor
Spark Capital -
Venture Investor
Carmel Ventures
