Tippr Buys Chitown Deals

6/2/10Follow @gthuang

Seattle-based group buying site Tippr.com announced today it has acquired Chitown Deals, based in Chicago, for an undisclosed amount. Tippr, which focuses on consumers’ collective buying (and discount vouchers) from small businesses, is currently operating in 10 U.S. cities and looking to expand. The site is led by entrepreneur and investor Martin Tobias. Its parent company, Kashless, is backed by RRE Ventures and Paul Allen’s Vulcan Capital. In February, Tobias rolled out Tippr, based on acquiring the patent portfolio of Mercata, the former Bellevue, WA-based dot-com backed by Vulcan.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com. Follow @gthuang

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